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How and why large financial institutions damage the middle class even if there is no financial crisis.

Walmart executives worried about the recent spate of labor activity against the retailer would probably tell you that they cannot possibly offer higher wages to their employees while maintaining their brand identifier of low prices. They offer what the market will bear in terms of wages, they would

The right to vote is just that – a fundamental right which is the cornerstone of American democracy. In the 2012 election, that sacred value was challenged in a way we have not seen in a couple of generations.

How Raising Wages Would Benefit Workers, the Industry and the Overall Economy

Retail companies don't have to choose between high wages and high profits, argues a new report from the researchers at Demos. In Retail’s Hidden Potential, policy analyst Catherine Ruetschlin says that higher wages across the retail industry would create jobs and reduce poverty without cutting

Black Friday has heaped new pressure on big box stores to bump up worker pay, with a group of Walmart employees plotting a walkout on the country’s biggest shopping day and the think tank Demos releasing a study Monday that touts the benefits of higher wages.

There have been a number of news stories about the closing of Hostess’ factories and plans to liquidate the company in the wake of the refusal of one of its unions to accept reductions in pay and benefits and other concessions. It appears as though this will leave Hostess’ 18,000 workers without a

Baby boomers are the first generation in American history to be entering retirement saddled with debt, including unpaid balances on credit cards. The financial crisis in 2008 that sent the economy into a recession crippled many baby boomers’ retirement accounts, forcing many to stay in the workforce

Henry Ford famously decided in 1914 to pay many of his workers the then incredible sum of five dollars a day, which was substantially higher than the prevailing wage at the time.

The price paid by American families for the reckless greed of Wall Street has been well documented and includes severe losses of household wealth – more than half for African American families and two-thirds for Latino families – due to the decline in housing values and employment. The Great