When it comes to financial products, the line between employee and consumer often becomes blurry. If your boss insists that you receive your wages on a pre-paid debit card that charges high fees to access your earnings or check your balance it’s clearly a serious employment problem. And yet consumer

NEW YORK, NY – Today Washington D.C. Mayor Vincent Gray caved to the ultimatum issued by Walmart and vetoed a living wage bill that was passed by the D.C. City Council. The bill would have required retailers with corporate sales of $1 billion or more and operating in spaces of 75,000 square feet or

Washington DC needs jobs. When D.C. Mayor Vincent Gray made this point at a press conference this week, he may not have realized he was making a strong case in favor of the Large Retailer Accountability Act.

The American middle class has been in trouble for decades, but this was not obvious until the recession of 2008 because consumer purchases held up. How was that possible? The simple answer is that financiers devised ways to loan money that severed the link between profits and middle-class wellbeing.

Paying workers more would lead to lower profits and layoffs for America's biggest corporations, right? Not necessarily. Critics of a minimum wage hike cite a commonly held belief that forcing low-paying employers such as Wal-Mart to boost compensation would lead to greater economic suffering. Higher

At this point, it's hardly news that Walmart is a pioneer of modern union-busting. And the revelation that Walmart has illegally disciplined 80 workers since June -- including firing 20 -- for their involvement in union activity is no surprise.

Are people better off than they were before the recession?

Most research on rising economic inequality focuses on growing wage gaps between different groups of workers. But of course that is only part of the story. Just as important is the division of the national economic pie between profits going to capitalists and the “labor share” that includes all of

Walmart employees and their supporters have planned national protests today to demand an increase of their wages. Here is why the average American should support the workers’ demands.

After decades of seeing their incomes shrink, those at the bottom of the economic ladder are starting to band together and fight back — and it’s one of the most important economic stories of our time.