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New York, NY – 'Shadow Market' investment products have come under scrutiny following the banking meltdown, but they continue to be aggressively marketed to clients who can least afford the potentially catastrophic losses. Millions of American seniors could see their golden years turn bleak if the
Press release/statement
New York – This week, the growing practice of employers screening the credit scores of job applicants was dealt a legal blow after the Court of Common Council of Hartford, Connecticut, passed an ordinance prohibiting the practice as part of the city's employment application and promotion process
Press release/statement
A national webcast teach-in addressing the roots of the current economic crisis and what people are doing to fight back
In the media
A study released by Demos, a research and advocacy organization, may shed light on why some working families have credit card debt and others don't. The study, "Understanding the Debt Difference," is based on survey research of 2,248 low- and middle-income adults between April 2008 and August 2008
In the media
FOR IMMEDIATE RELEASE April 5, 2011 Rep. Paul Ryan's Budget Attacks Vital Social Programs For Middle Class & Promotes A More Unequal Society
Press release/statement
In the media
Miles Rapoport
NEW YORK – As budget debates continue to play out at the state level, it is apparent that Americans everywhere are still suffering from the long-tail of the recession and need jobs, not austerity measures that will likely reverse emergent economic gains. A new report by the policy center Demos
Press release/statement
New York, NY — As new unemployment figures show a still-staggering 9 percent of Americans out of work, a new report from the policy center Demos examines the degree that low income American families use credit to weather economic shocks, and draws out the impact of credit card debt on families' long
Press release/statement
Washington DC — House Speaker Nancy Pelosi has appointed Stephen B. Heintz to serve on the newly created Commission on Key National Indicators.
Press release/statement
Washington, DC — The need for our nation to rebuild the middle class — the real engine of our economy — was completely overlooked in the new job-killing recommendations from the National Commission on Fiscal Responsibility and Reform earlier today. Tamara Draut, Vice President of Policy and Programs
Press release/statement