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Elderly Americans are carrying more credit card debt, according to a new survey. The survey reports the main reason is due to job loss and medical bills, not because of a lack of financial responsibility. The study looked at 997 middle-income households that were carrying credit card debt for at

New York, NY — New York activists will rally for democracy under the banner “Money Out, Voters In” on Saturday, January 19, the weekend marking civil rights leader Martin Luther King, Jr.’s birthday and the anniversary of the damaging Citizen’s United Supreme Court decision. People in over 65 cities

In 2005, after Hurricane Katrina, Mayor Michael Bloomberg proposed a registry that would allow disaster responders to know where to find people most urgently in need of aid. But he does not appear to have followed through. ...

If you thought credit card debt was mostly a young person's problem, think again. In 2012, Americans age 50 and older actually owed more on their credit cards, on average, than younger people in low- and middle-income households carrying credit card debt.

Anyone who has followed the creation and early life of the Consumer Financial Protection Bureau knows that conservatives in Congress have repeatedly tried to kill or weaken this agency using the power of the purse. Most recently, last spring, Republicans tried to cut the CFPB's $550 million budget

Anyone who has followed the creation and early life of the Consumer Financial Protection Bureau knows that conservatives in Congress have repeatedly tried to kill or weaken this agency using the power of the purse. Most recently, last spring, Republicans tried to cut the CFPB's $550 million budget

The aftermath of Hurricane Sandy raises tough questions about the strength of New York City’s infrastructure, and the stability of its waterfront. Governor Cuomo’s commission on storm prevention recently issued recommendations for future damage control, which include sea barriers along the coast

Adrift on a sea of red ink, more middle class Americans are feeling queasy about their retirement plans. And many of those struggling to save have very little time to right the ship.

Ask a conservative about the proper role of government and the first thing they are likely to mention is security. The right has long backed a major role for the state in protecting citizens from harmful threats, whether in the form of domestic criminals or foreign adversaries.

Older Americans rely on credit cards as their financial safety net and pay down less of their debt than younger consumers, a new study shows. Last year, the low- and middle-income 50-plus population had an average credit card balance of $8,278, compared with the younger generation's balance of $6