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After a marathon hearing that wrapped up in the wee hours of Wednesday morning, the City Council of Richmond, Calif., voted to allow the use of eminent domain to seize underwater mortgages, becoming the first city in the nation to take such a concrete step toward the novel and risky strategy for

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.

There are a bunch of good, practical arguments for giving low-wage workers a pay hike -- like the fact that putting more money in the pockets of these workers would spur consumer demand and economic growth. But here's another strong point that you don't hear much about: Reducing wage inequality is

The labor market recovery remains fragile, especially for African-Americans.

Seniors are getting squeezed in so many ways. Healthcare and other basic expenses are rising. Fewer have pensions to supplement their Social Security income in retirement. Low interest rates mean what savings they do have isn’t growing quickly — unless they are willing to invest in higher-risk

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

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.

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.

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.

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