(New York, NY) – As shareholders prepare for annual meetings, Demos released a new study today that finds that the fast-food industry has the greatest CEO-to-worker pay disparity in our economy, with ratios exceeding 1,000-to-1. The study finds that the growing disparity within fast-food threatens

Shantel Walker has been working on and off for Papa John’s pizza since she was in high school. The 32-year-old New York City resident says that over her 15 years at a Brooklyn outlet of the Louisville, Ky.-based pizza chain, she’s received only two raises that weren’t mandated by federal or state

U.S. Bankruptcy Judge Steven Rhodes last week approved an agreement that has the city of Detroit paying $85 million to escape a disastrous interest-rate swap deal with two banks. Detroit Emergency Manager Kevyn Orr, for one, applauded the decision. “Today’s ruling is a victory for Detroiters that

A sudden change of fortune for 32,400 Detroit pensioners in the city’s historic bankruptcy — from the threat of draconian pension cuts to a modest reduction in lifetime benefits — could face mathematical scrutiny as the case proceeds, experts say. In just 10 months, Detroit Emergency Manager Kevyn

Roughly half of all U.S. families have no money set aside for retirement, Federal Reserve data show. Not a cent. But even that alarming savings deficit doesn't fully capture the emerging socioeconomic crisis facing what is, after all, a rapidly graying nation. [...]

BBC News reports on the President's recently announced executive order, which could make companies pay overtime to America's white collar workers.

Anyone wearing an "assistant manager" name tag knows that the job carries a nice title but doesn't necessarily come with commensurate pay. One of the biggest issues for assistant managers and other white-collar workers is unpaid overtime. That's because those employees are often expected to work 60

"No one who works full-time should have to raise their children in poverty," Senator Barbara Boxer said. She was talking about raising the minimum wage during a speech to the Commonwealth Club of California. In addition to citing the moral reason the federal minimum wage deserves a second look, she

Through the Procurement Act, Congress centralized management of government contracts and gave the president license to use his judgment in setting federal contracting practices.

The odds that Republican House Speaker John Boehner will allow a vote on raising the minimum wage remain as low as ever, but some large retailers are already raising the wage on their own initiative. On Wednesday, clothing chain Gap Inc. announced it would be raising its base wage from $9 to $10 per