Media

The Credit CARD Act is helping households pay down balances faster, with a third of low- and middle-income households that carry credit card debt reporting that new disclosures have caused them to pay down their balances faster.

In the latest unfortunate news at the intersection of motherhood and politics, stay-at-home moms are doing worse emotionally than their working counterparts.

David Brooks offers up a spirited defense of private equity today in the Times, and many of his points make perfect sense: In fact, many private equity firms don't set out to laden the firms they buy with debt and cash out before the company goes bankrupt.

Big paydays for founders like Mark Zuckerberg have less and less to do with the creation of middle-class jobs for everyone else.

Staring back at me from the front page of Sunday’s New York Times was a headline that promised an answer to a puzzle that had endured for more than a month, and which I have explored here and here. The blame for the multi-billion dollar JP Morgan credit default swap fiasco had been discovered.

Cory Booker didn't distinguish himself as a particularly adept politician when, yesterday on Meet the Press, he undercut the Obama campaign's message by criticizing its attacks on Bain Capital. Booker is a surrogate for the campaign after all, and if there's one thing that's expected of surrogates it's that they stay on message.

It's no secret that Facebook's IPO will feed one of the most troubling trends in America today: the extreme concentration of wealth in the hands of a tiny elite.

Leaders in the House of Representatives introduced The Voter Empowerment Act of 2012 to protect and promote our freedom to vote. This bill seeks to provide more access to the ballot, more efficiency in our election systems, and more accountability in our elections.

Google "was Occupy Wall Street successful" and you get millions of results. The answer depends on metrics. Was the goal of #Occupy to spur a discussion about income inequity -- no small thing -- or shine a light on perfidy of the banks?