We are changing the conversation around our democracy and economy by telling influential new stories about our country and its people. Get our latest media updates here.
Panelists at the annual Corporate Crime Reporter Conference in Washington, D.C. Friday said they were concerned that the Justice Department is abandoning full criminal prosecutions of financial industries in favor of Deferred and Non Prosecution Agreements (DPAs and NPAs), which usually involve a fine and a set of conditions that must be followed. The company in exchange does not get prosecuted for criminal activity.
The good news in the April unemployment numbers delivered by the Bureau of Labor Statistics on Friday finally spilled over to people under 25, who saw their unemployment rate drop last month even as their labor force participation rate increased.
So far, the airline and meat industries have managed to exempt their parent agencies — the USDA and FAA respectively — from following through with furloughs that the across-the-board sequestration cuts require. It’s a victory, they say, for ordinary Americans who, without these exemptions, would be less safe as travelers and consumers.
Here’s an example of how government subsidies distort market economics: Gas prices are down nearly 35 cents from last year, yet this has had virtually no impact on this year’s first quarter profits of the big oil companies.
Dig into today's job numbers and you'll find a tale of two Americas.
In one America, unemployment remains at catastrophically high levels. The African-American unemployment rate is 13.2 percent -- a level not seen for the U.S. as a whole since the Great Depression. The jobless rate for construction workers is 14.3 percent.
What will be more important in coming decades: Countering the rise of Chinese military power in East Asia or building U.S. economic strength here at home?
State officials around the country have spent the last few months bending over backwards finding reasons to accept Medicaid expansion for low-income Americans, refuse it, or try to create a publicly-funded privately managed hybrid. But what do these choices mean for real people?
New York, NY – Today, Maryland Governor Martin O’Malley signed into law landmark legislation that will allow voters to both register to vote and cast a ballot during the state’s early voting period. Twelve states and the District of Columbia now offer Same Day Registration. Senate Bill 279 also adds two additional days to the early voting period, increasing the number from six to eight days to vote prior to Election Day.
The shocking allegations against four more elected officials in New York are depressing — but they provide an opportunity for bold action by our state leaders. Gov. Cuomo has proposed a new, comprehensive campaign finance law, including the creation of a voluntary, small-donor public financing system and an independent enforcement unit.