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AARP CEO A. Barry Rand called for renewed focus on strengthening Social Security, Medicare and Medicaid in a speech today at the National Press Club. Rand discussed findings from AARP Public Policy Institute's newly released "Middle Class Security Project," which studies how middle class working
In the media
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.
In the media
Eleanor Laise
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
In the media
Christine Dugas
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
Blog
Ilana Novick
Tonight on NBC Nightly News, Chris Jansing reports on a new study that shows Americans age 50 and older are carrying an average of $8278 in credit card debt, thousands more than younger people. In addition, nearly 18 percent of those nearing retirement said they are using their retirement funds to
In the media
Chris Jansing
This is not a good idea. The New York Times is shutting down its environment desk. The justification for closing the desk is that the environmental beat is no longer siloed.
Blog
J. Mijin Cha
The United States isn't the only country that has a problem with giant banks that take too many risks, are not transparent, and are effectively above democratic oversight. The U.K. has the same problem, and in fact, that country's economy is even more financialized than the U.S.'s -- with all the
Blog
David Callahan
This wasn’t a good week for Walmart. The business model of the nation’s largest private employer is built on a lack of accountability.
Blog
Amy Traub
A New York Times article yesterday reported that Fix the Debt, the deficit hawk group which positions itself as a neutral body of wisemen, includes a number of corporate lobbyists and board members.
Blog
David Callahan
In his State of the State yesterday, New York Governor Andrew Cuomo laid out his plan to make the state a clean tech leader. Cuomo proposed extending a program to increase solar panel installations for homes and businesses and investing in an electric car network with statewide charging stations and
Blog
J. Mijin Cha