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US stock prices opened trading much higher today after yesterday’s rout and the rout the day before that and the rout the day before that. European markets were up also. The Chinese markets, which closed at 3 a.m. New York time, were off by another 7%, but the government cut interest rates to
Blog
Wallace C. Turbeville
The co-counsel in the case, Jenn Rolnick-Borchetta of Demos, a progressive policy organization, told POLITICO New York, the need to give information to people who have been stopped by the police “has been ordered, but what that is going to look like isn’t yet figured out.” “The pilot form has a
In the media
Azi Paybarah
Executive action on paid sick days for employees of federal contractors would be in keeping with Obama’s steps to raise workplace standards for contract employees.
Blog
Amy Traub
Demos President Heather McGhee issued the following statement:
Press release/statement
The missing link in the inequality debate is not financial stability, but financial domination of the broader economy, what has come to be called “financialization.” Financialization, as a new Demos report demonstrates, is not only measurable by risk and volatility or by the mere expanding volume of
In the media
Wallace C. Turbeville
Black culture and the role racism plays in black American history are discussed at length in the national dialogue around race relations. We regularly debate use of the “n-word,” for example, and the impact of historical racism on outcomes for black Americans.
In the media
The lack of retirement security for middle-class and low-wage workers is a growing crisis that Washington has refused to address, even though it demands immediate attention.
In the media
Letitia James
Bill Samuels
[...] "You are in a Catch-22," said Emmanuel Caicedo, a senior campaign strategist with Demos, one member of a coalition of 79 labor and civil rights organizations that formed the NYC Coalition to Stop Credit Checks in Employment. "You can't pay your bills and so your credit is bad. And then you can
In the media
Jeff Mays
Gender Pay Disparity is Particularly Stark for Women Retail Workers and Women of Color
Press release/statement
Middle class income stagnation, and the inequality that it causes, is the principal economic challenge for the nation — and finance is to blame for it.
In the media
Wallace C. Turbeville