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Here's a plain fact: record disinvestment in higher education at the state level leads to record tuition hikes. In 2012, the trend escalated with the biggest single year jump on record.
If you've got debt and die tomorrow, don't assume it will disappear. Chances are, it will eat into the assets you may be planning to leave your heirs and may even wipe out your estate.
You may have seen a big outbreak in the academic literature and business media of defenses of liquidity for liquidity’s sake, evidently prompted by increased interest in and in the EU, implementation of transaction taxes as a way to tame speculation and secondarily raise revenues.
At least one CEO at a big retail company wants to see the minimum wage increased. In fact, he’d like the minimum wage to go even higher than President Obama has proposed.
Demos released a new report showing how the rise of high frequency trading (HFT) comes at a massive cost to the real economy, despite Wall Street’s claims to the contrary.
Another monthly jobs report is in, and the results are better than most people expected: 236,000 new jobs were created last month. That's the best economic news we've heard in a while.
While recent CBS and Gallup polls show that most Americans remain divided over whether or not the recent sequestration cuts are in fact negative, many low-income families are already bracing for their impact. SNAP benefits and the Children's Health Insurance Program may be safe, but WIC benefits and certain housing vouchers are scheduled to take a blow, leaving many families without resources to fall back on.
New Jersey was ready when Hurricane Sandy rushed ashore the evening of October 29, 2012. Teams from FEMA and the National Guard had been activated, nuclear reactors had been shut down, and the Red Cross had prepared meals and shelters.
It is often assumed that the majority of Americans who don't vote are poor and nonwhite. Not so. While it is true that low-income Americans vote at much lower rates, the majority of nonvoters -- in raw numbers -- are white middle class Americans.