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Research has shown that someone with a poor credit history is not automatically a poor job prospect. Nevertheless, millions of Americans who have emerged from the recession with medical debts or a record of late payments are at risk of being denied jobs by companies that use credit histories to

Last week, Professor Charles M. Jones, a noted economist at Columbia, published an opinion piece in Politico claiming to enlighten readers on the realities of high-frequency trading (or “HFT”), computer driven trading at millisecond speeds driven by complex algorithms based on complex trading

The Senate voted Friday to get rid of subsidies that “too big to fail” banks receive from what is, essentially, an unofficial insurance policy from the government. The unanimous vote, 99-0, is unfortunately nonbinding. It was an addendum to the Democrats’ 2014 budget proposal, which is not expected

The average retail sales job pays only $10.09 an hour, and some retail outlets—notably Walmart, the largest private employer in the world—pay as little as $8.00 per hour. But a handful of large retail companies have made generous compensation a key part of their business models, and it seems to be

One of the biggest problems with financial reform is having to discuss issues that most people find painfully boring. For instance, “derivatives.”

This morning the New York City Council will hold a hearing on legislation to guarantee paid sick days to all working New Yorkers. The measure has been pending for several years with repeated compromises to address the concerns of employers.

Demos is a public policy organization working for an America where we all have an equal say in our democracy and an equal chance in our economy. We are based here in New York City. On behalf of Demos, I thank the Committee on Civil Service and Labor for this opportunity to present testimony on Intro

As everyone knows, the "fiscal cliff" deal raised taxes on households making over $400,000, restoring the Clinton-era top income tax rate to 39.5 percent. One fact that gets less attention, though, is that progressivity in the tax code ends right there: There is no difference in the tax rate paid by

In the debate over our energy future, I keep coming back to the question of whether or not fracking can be done safely.

Fittingly, perhaps, Cuomo’s single biggest misstep in office can be tied to the power of moneyed interests. After fighting long and hard, the governor was forced to abandon a scheme to build a $4 billion convention center in Queens, as part of a joint venture with the Genting Group, a Malaysian