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It's well known that seniors are easy prey for scam artists of every kind. What is less well-known is how big this problem is and how many of the scam artists wear suits and work for major financial service firms. Seniors were major targets of mortgage brokers seeking to push homeowners into
Blog
David Callahan
There’s a common misconception that unemployment insurance uniformly lasts 99 weeks. Not so! From a new Center on Budget Policy Priorities report:
Blog
Joseph Hines
It is time to answer two questions:
Blog
Wallace C. Turbeville
Washington is finally moving to better regulate the real estate appraisal industry, with regulators yesterday proposing new rules to strengthen appraiser independence. It's about time.
Blog
David Callahan
An interesting proposal will be on the ballot this fall in Michigan. The measure, put forth by Michigan Energy, Michigan Jobs, would increase the state’s renewable energy requirement to 25 percent by 2025, more than double what it is today. The ballot measure would place this requirement in the
Blog
J. Mijin Cha
Today, the last state enrolled in a federal program designed to keep unemployment checks flowing, Idaho, lost its eligibility. In 2010, Federal-State Extended Benefits program enrolled over a million people. Why stop the benefits while the national unemployment rate remains over 8%? The Wall Street
Blog
Joseph Hines
Pennsylvania state court judge Robert Simpson refused to issue a preliminary injunction against the state’s controversial voter ID legislation today, despite allegations that the law was discriminatory and passed for partisan gain.
Blog
Ben Protess made an interesting comparison today in a DealBook article on the rise of CFTC Chief Gary Gensler and the agency's successful work on the LIBOR rate fixing scandal:
Blog
Alex Amend
New evidence from the New York Fed suggests that New York’s middle class has continued its slow and seemingly inexorable decline. Coauthors Jason Bram and the James Orr unwittingly reach this conclusion in their exploration of the tension between New York’s record number of jobs and its record
Blog
Joseph Hines
Investors who were paying attention got a cold slap of reality this spring when the progressive think tank Demos released a study showing that the median household could expect to pay more than $150,000 in 401(k) fees over the course of a working lifetime, or about a third of potential investment
In the media
Chris Gay