Media

The Washington Post has a long story today that offers a horrifying glimpse into how one of America's largest banks systematically stripped wealth from the some of the poorest people in the nation. It details the sordid career success of a former star subprime loan officer at Wells Fargo:

The recent Fed report on household wealth contains yet more evidence of how distorted and unequal the U.S. economy has become.

The big headline around the study, which comes out every three years, has been that the household wealth of Americans dropped by 40 percent between 2007 and 2010, and is now basically where it was in 1992, adjusting for inflation.

It’s easy to get in over your head when it comes to credit-card debt, and retirees are no exception.

According to New York-based research group Demos, those 65 and older from low- and middle-income households carried average credit card debt of $9,283 in 2012, the highest debt load of any age group in the survey.

The Federal Election Commission (FEC) voted unanimously to allow Americans to contribute to candidates and political organizations through text messaging.

Here's a statistic that I found surprising and also troubling: Roughly 730,000 master's degrees will be awarded this spring. And it's estimated that another 2.2 million master's degrees will be handed out over the next three years.

Here's a statistic that I found surprising and also troubling: Roughly 730,000 master's degrees will be awarded this spring. And it's estimated that another 2.2 million master's degrees will be handed out over the next three years.

LAS VEGAS, Nev – On Monday, a coalition of national voting rights groups filed a Complaint against Secretary of State Ross Miller and Director of the department of Health & Human Services, Michael Willden in the U.S.