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Today, a conservative majority on the U.S. Supreme Court struck down a key provision of the Voting Rights Act of 1965, upending a law that has been central to our nation’s commitment to eradicating the shameful legacy of racial discrimination in voting, especially in the deep South. The Court declared that the so-called “coverage formula” used to determine which states should be required to obtain preclearance for changes in voting laws was unconstitutional, but that Congress retains the authority to update the coverage formula.

A weekly summary of the top credit card stories that appeared in major publications across the country.

Can a Bad Credit Report Hurt Your Job Search?

Immigration reform is likely to mean higher wages for workers at the bottom of the economic ladder—both foreign and native born. 

The reason is that the large number of undocumented workers in the U.S. exerts a downward drag on wages because employers routinely exploit such workers by paying them below the minimum wage and flouting other labor laws. 

If it were up to you, how would you split up income between the top 10% and the other 90%? How should a country's wealth be distributed, and why? And, if more Americans truly understood the impacts and extent of income inequality, would they be moved to do anything about it? 

Senator Daniel Patrick Moynihan famously warned in 1996 that welfare reform was a huge gamble and that the result could be extraordinary human suffering. 

Those predictions came to seem extreme as the years passed. The boom of the late 1990s and then the credit fueled prosperity of the Bush years ensured a steady supply of low-wage jobs and, for a long time, it seemed that TANF was not the disaster many predicted.

"The Fisher case invites us all to acknowledge the role public policy has played in widening racial disparities in college access over the past generation, and to press the need for robust policies, from diversity considerations in admissions to debt-free college, to ensure that higher education remains a fair pathway to a diverse middle class in America."

Can some types of debt cause the blues? Why are people approaching retirement age carrying credit card debt? This column shares results from recent research about credit card debt among older Americans. [...]