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Work as a hotel housekeeper isn’t an easy job under any circumstances. For more than 400,000 predominantly female and immigrant workers, the work means lifting heavy mattresses, stretching to clean high surfaces, and often scrubbing bathroom floors on hands and knees. Full-time workers earn just $21
Blog
Amy Traub
How will Marissa Mayer’s pregnancy play out? Will the new Yahoo chief executive find that it’s not so easy to power through a maternity leave? Or will she spend just a few short weeks at home — working all the while, as she promised in an interview — and thus set the bar high for future pregnant
In the media
Sharon Lerner
The Consumer Financial Protection Bureau and Department of Education released a new report detailing the private student loan market. As the report states, private student loans mushroomed over the last decade, fueled by the very same forces that drove subprime mortgages through the roof: Wall
Blog
Tamara Draut
If you are aware of some of the specific derivatives and securities that are traded by banks and other financial services firms, you know that actual transactions in many of them occur infrequently. Prices based on what a willing buyer would pay a willing seller are difficult to come by. Let’s say
Blog
Wallace C. Turbeville
If the Great Depression went down in history as the great equalizer (by razing the incomes of the wealthy), the Great Recession may be known for having the opposite effect. According to a new report issued by the Congressional Research Service, the share of wealth owned by the richest 1 percent of
Blog
Rakim Brooks
Despite near-record levels of economic inequality, many politicians and pundits still don't think this widening chasm is much of a problem in a country supposedly dedicated to egalitarian ideals. Inequality, the logic goes, is a natural result of different degrees of work and creativity. Some people
Blog
David Callahan
For all the talk about the need for voter-identification laws, you’d think millions of Americans were impersonating dead people to get their candidates elected, or casting multiple ballots after breakfast, lunch, and dinner. Not even close.
In the media
Eliza Shapiro
Today we got a concrete sense of why, exactly, the banks fought so hard to kill the Consumer Financial Protection Bureau: Because, among other things, this is an agency that can slap the banks with huge fines and force them to alter their business practices by legal fiat.
Blog
David Callahan
Without your consent, approval, or even awareness, large for-profit credit reporting companies know an awful lot about you. TransUnion, Experian, Equifax and their smaller competitors know the credit limit on your AmEx card, how much you still owe in student loans, and all about that time you made
Blog
Amy Traub
One of the big questions environmentalists struggle with is whether there should be a price on nature. For some things, like the cost savings that are realized through cleaner air or water, there is a rote calculation that can be done to price out environmental and health benefits. But, if you think
In the media