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When Walmart broke the bad news to shareholders last week about declining same-store sales and cuts to their profit and sales projections, the company offered a glib explanation. "The retail environment was challenging," asserted Walmart Stores President and CEO Michael Duke. Company executives

A tight labor market is the great conservative answer to the low-wage jobs crisis. If we can just get the economy booming again, the logic goes, wages will rise along with demand for low-skilled workers. Bill O'Reilly told me that earlier today, when I taped a segment at Fox on the economy. Of

Until about the mid-1990s, debt was the exception, not the rule.

With today's big higher ed speech, it's becoming clearer what President Obama's most important legacy may be: He could be the guy who finally stopped runaways costs for two of life's biggest necessities: healthcare and higher education. This would be a big deal, because -- quite apart from issues of

“Demos applauds President Obama for using the bully pulpit to shine a light on the college affordability and student debt crisis facing our nation. While Congress and state legislatures have failed to lead on this issue, the President’s tour promises to help highlight the dangers of tying

When Walmart broke the bad news to shareholders last week about declining same-store sales and cuts to their profit and sales projections, the company offered a glib explanation. "The retail environment was challenging," asserted Walmart Stores President and CEO Michael Duke. Company executives

The post-recession party line at the American Bankers Association (ABA) is something like, “Hey Jane/Joe Briefcase. We're just as mad at gosh darn Wall Street as anyone. But only some bankers are evil. A lot of us are honest and work hard, just like you.” Maybe. But this isn’t a reason to lose track

It’s high drama and riveting politics these days as Wal-Mart Stores Inc., the nation’s most thoroughly red-state retailer, charges deep into blue-state territory in its efforts to expand beyond its comfortably established realm in rural America and suburbia by moving into the often hostile territory

While a college degree may give graduates a leg up in their careers, students who graduate with high student loan debt can find that ticket to be a costly one. According to a study by the public policy research organization Demos, student loan debt may be more detrimental to your financial future

Here's something alarming to imagine: One day, your investment advisor at Merrill Lynch doesn't show up to his job. No warning, no nothing. He just doesn't show.