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At least one form of rampant speculation has been closed down. Mary Schapiro will step down from the Chairmanship of the SEC by the end of the year. One of her fellow Democratic Commissioners, Elise Walter will take over, leaving a vacancy on the five-member Commission and an even split between
Blog
Wallace C. Turbeville
As Americans across the country head out en masse to malls and shopping centers to kickoff the holiday spending season today, it's important to remember that too many of the retail workers bringing us those deals earn meager wages. The ranks of America's retail workforce have surged to more than 4.5
In the media
Richard Florida
With Thanksgiving come and gone, we are now officially in the thick of the holiday shopping season, which means a good chunk of the country will be driving down to Walmart, Target, and other giant discounters to pick up gifts for friends and family. When they do, they'll be rewarding some of the
In the media
Jordan Weismann
Top Democrats and leading progressives are arguing that Social Security shouldn't be part of negotiations over the fiscal cliff. As Senator Richard Durbin plans to say in a speech later this morning: Social Security doesn't add a penny to the debt and should not be part of any deficit reduction
Blog
David Callahan
This Black Friday the lives of low-wage retail workers were thrust into the spot light as employees of a variety of stores weent to work on Thanksgiving Day and strikers descended on Walmart stores in 100 cities.
In the media
Alexis Kleinman
I had a few thoughts I wanted to share in response to Glenn Greenwald’s thoughtful reply to Mike Konczal and Jeremey Kessler’s Bloggingheads discussion re Citizens United.
Blog
Thousands of Walmart workers around the country are planning to strike on Black Friday, hoping to end retaliation they claim the massive retail chain’s workers receive when they speak out for better working conditions.
In the media
Jason Sattler
Chicago’s infrastructure is in need of a major upgrade, but so are are its dwindling finances. Mayor Rahm Emanuel doesn't want to raise taxes, nor look towards Washington, D.C. or Springfield to cover the costs of repairing and upgrading the city's infrastructure.
Blog
Ilana Novick
Blog
Tova Wang
It already seems like an age-old question: “ Has Wal-Mart been good or bad?” This week, The Washington Post's Ezra Klein is the one asking and weighing the costs to Walmart’s workforce, its supply chain, and its competitors against the low prices the store offers consumers. He asserts:
Blog
Amy Traub