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.
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.
It’s hard to imagine that an industry that has spent over $28 million on federal and state campaign contributions this election cycle alone would be victimized by government regulation, but that is the cry coming from the oil and gas industry. Well, more accurately, that is the cry coming from politicians in the pockets of those industries.
By now it's pretty clear that Mitt Romney's recent claim about female job losses during the Obama presidency has more to do with selective number fudging and electoral pandering than factual accuracy.
NEW YORK – A new report reveals that African Americans remain disproportionately excluded from corporate and nonprofit board membership in New York City: Of the 697 directors that sit on the boards of the city’s 25 largest employers, only 5.7 percent are black. The study, by John Morning and national policy center Demos, also surveyed black participation on the boards of 14 premiere cultural institutions in New York City, finding that only 33 of the total 581 directors were African American.
In the past 72 hours since its introduction, The Budget For All – an innovative, values driven fiscal plan to keep America exceptional in the 21st Century – has inspired support from noted economists, renowned think tanks and cutting-edge advocacy organizations.
A Vermont Partnership Bank will generate new revenue for Vermont, save local governments money, and make our small businesses, farms and consumers less vulnerable to cutbacks in lending in our state.
NEW YORK – Today Demos applauded the announcement by New York City Comptroller John Liu of a new proposal for the creation of “New York City Personal Retirement Accounts.” These accounts would be both a historic achievement and a huge step towards enabling millions of New York City workers to obtain the retirement security they so desperately need.
New York, NY--Demos views the mortgage servicing deal reached today between a coalition of state Attorneys General and 5 major Wall Street banks as an important stepping stone in the effort to secure justice for homeowners victimized by the foreclosure crisis.
Demos applauds the Department of Labor’s and Treasury Department’s announcements on Friday of several rule changes that would make it easier for some Americans to protect themselves against the risk of outliving their retirement savings when they retire.
We can’t afford to let Wall Street keep taking us for a ride: Americans need a strong Consumer Financial Protection Bureau to bring fairness and accountability to the financial sector.
On Tuesday, December 13th, the Congressional Progressive Caucus unveiled the RESTORE the American Dream for the 99% Act. The bill, if passed, would create more than 5 million jobs and save more than $2 trillion. This is a comprehensive plan to put America back to work by reversing the failed policies of the past, which the “Super Committee” could not achieve.
Do Republicans in Congress care about creating jobs -- which polls say is the number one issue for voters -- or about ideological purity? The ongoing debate on Capitol Hill over President Obama’s $447 billion jobs package offers a crystal clear answer to that question.
NEW YORK-- Today's 20-somethings are the first generation, as a whole, to face downward economic mobility compared to their parents' generation, according to a new report from national policy center Demos and youth advocacy organization Young Invincibles.
NEW YORK-- Recent repeal of the long-term care provision in the Affordable Care Act, has brought renewed importance to the economic security of many vulnerable Americans, particularly seniors. A new research brief, “Rising Economic Insecurity Among Single Senior Women,” published today by the Institute on Assets and Social Policy and the national policy center Demos, sheds light on the dire financial state of single women who are most in need of long-term care supports due to their higher life expectancy.