Media

How financial market practices not only risk catastrophic systemic failure like 2008, they constitute a massive extraction of value from the real economy by the financial sector.

Over the past decade or two, top transnational corporations -- including Apple, GE, and Google -- have figured out how to sidestep national tax collection systems, depriving governments of billions of dollars in revenues. 

Among immigrant groups,  Asian American/Pacific Islander communities are often stereotyped as a “model minority,” and an immigration economic success story. However, this stereotype masks the wide diversity -- ethnic and economic -- that exists within the Asian and Asian-American communities.

Imagine having an African-American president who talks openly and bluntly about race in America and the experience of being black -- a president who explains what it's like to get on an elevator with a white woman or concedes the ease with which he could be shot dead in another life just because of the color of his skin. 

That's something a lot of us have been waiting to see. We've wanted to see Barack Obama address the raw realities of race in personal terms -- not deliver one of his finely crafted speeches on the topic, as did during the 2008 campaign.

Financial markets, now heavily dependent on technology, need to be safeguarded against cyberattacks, natural disasters and the more prosaic scourge of human error that can cause massive disruptions, according to experts and a federal panel.

Employers don't want to look at the resumes of unemployed people. In fact, they don't even want those resumes sent to them.

Some employers will actually do whatever it takes — without doing anything illegal — to prevent the unemployed from applying for positions at their company.

Low-wage workers employed under federal concession and lease agreements went on strike at Union Station on Thursday, calling on President Obama to guarantee them a living wage and a voice on the job.

Without a doubt, the big banks should be broken up; the need is even more urgent than it was in 2007 or 2008. The Federal Reserve Bank of Dallas – hardly an Occupy Wall Street affiliate – titled its 2011 Annual Report "Choosing the Road to Prosperity: Why We Must End Too Big to Fail – Now." 

When Governor Lincoln Chaffee signed the Temporary Care Giver’s Insurance law last week, Rhode Island became the third state—along with California and New Jersey—to grant paid time off to care for a sick loved one or a new baby.

Rhode Island’s law, which goes into effect in 2014, will not only provide most workers with up to four weeks off with about two-thirds of their salaries (up to $752 a week), it will protect employees from being fired and losing their health insurance while they’re out.