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Young adults are pulling back on credit-card debt for similar reasons, said Amy Traub, a senior policy analyst at Demos, a public policy research organization. It found that Americans age 25 to 34 cut their credit card debt in half between 2008 and 2012. All around them, young adults are seeing
In the media
Tami Luhby
Demos strongly supports the Attorney General's proposal to require 501(c)(4) organizations that spend at least $10,000 to influence New York state and local elections to disclose the identity of their donors who have contributed more than $100.
Testimony and Public Comment
Liz Kennedy
What's problematic about the RATE Coalition's arguments is that it doesn't acknowledge basic facts about U.S. corporate taxes.
Blog
David Callahan
For the third consecutive year since the Great Recession, corporate profits soared in 2012. The FDIC report on fourth quarter 2012 bank earnings, released today, shows banks earning near-record highs. The headline numbers from the report are shocking.
Blog
Joseph Hines
Despite bans on the practice in 15 states, payday loan companies have thrived, finding a powerful ally in major banks like JP Morgan Chase and Wells Fargo. That is the finding of the Pew Charitable Trusts in the second edition of their Payday Lending in America series.
Blog
Ilana Novick
Despite only being 35 years old, it might be time to retire the 401(k). The 401(k) started out as a tax loop hole to supplement workers' savings and has grown to become Americans’ main retirement savings tool. But many baby boomers are finding their retirement in tatters and aren’t able to leave the
In the media
Kathryn Buschman Vasel
I am leaning in just a little as I write this. OK, I’m not. But I am feeling a little sick as I ponder the next unpleasant installment of the “mommy wars” that’s hurtling toward us.
Blog
Sharon Lerner
In the aftermath of the financial crisis, plenty of Americans have seen their credit scores tank. But can that really affect your ability to get a job? Yes, because employers increasingly are relying on workers' credit histories in screening applications.
In the media
David Schepp
In 2002, law professor David Yamata suggested that "[l]egal actions by a few bold individuals could trigger a more widespread awareness of the legal plight of student interns." Mistreated interns now have their own book-length expose' and are indeed suing employers in the fashion,
Blog
Jack Grauer
A new report from a Wisconsin state agency makes clear that Same Day Registration is not just a low-cost way to make voting more accessible. It can even be a budget-saver. The report from the Wisconsin Government Accountability Board dealt a blow to advocates of repealing the state’s Same Day
Blog
Brenden Timpe