Walmart, enmeshed in a debate over low wages highlighted by a food drive for employees at a Canton store, can significantly raise the salaries of sales clerks and other workers without having to find additional money for the pay hikes, says a research brief by a think tank.

Wal-Mart could afford to hike every U.S. employee’s hourly wage to at least $14.89 an hour just by not repurchasing its own stock, according to a new report from the progressive think tank Demos.

Walmart can easily afford to raise pay for its low-wage workers by $5.83 an hour, to an average wage of $14.89, a new report from progressive think tank Demos concludes. All the retail giant has to do is stop its massive stock buybacks—which only serve to enrich a shrinking pool of shareholders, not

A progressive policy research center says that the nation’s largest retailer could easily afford to increase the wages of its employees, if it would choose to avoid “Wall Street financial maneuvers.”

In the past week, both a senior editor at Fortune magazine and the liberal think tank Demos have made similar proposals for how Walmart could greatly increase worker wages without harming its business prospects.

“Must have good credit.”

Black veterans weren't able to make use of the housing provisions of the GI Bill because banks generally wouldn't make loans for mortgages in Black neighborhoods, and African-Americans were excluded from the suburbs by a combination of deed covenants and informal racism.

The events of yesterday nicely summed up American economic life: a tiny sliver of people, mostly tech and finance insiders, got fabulously wealthy from Twitter's IPO while 64 people were arrested protesting the poverty wages paid by the largest U.S. employer, Walmart.

The third quarter GDP numbers were released this morning, which show a GDP increase of 2.8 percent, an increase from the 2.5 percent reported for the second quarter. Among other factors, increases in personal consumption and state and local government spending helped contribute to the increase in

There's a dire need for a new definition of public goods