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Does America believe in second chances? In some cases, yes. Corporations get second chances all the time. For instance, nearly every major pharmaceutical company has been repeatedly fined by the Justice Department for either fraud or illegal marketing, and yet—because no individual executices are

So you aced the job interview. But can you pass the credit check? That’s right, a growing number of employers are checking job applicants’ credit reports, even when the job doesn’t involve financial responsibilities and management. About six in 10 employers conduct credit checks on at least some of

It's no secret that sales taxes are a regressive way to raise revenues. And the heavy reliance on such taxes across the country explains why state tax systems tend to clobber the poor while asking little of the rich.

Once upon a time, we invested in our young people so that they could enter the world without debt. Now, we turn them into deadbeat debtors before they're old enough to legally buy a drink, left far behind their financial betters.

The United States spent around $3.6 trillion last year, on products, services, and employment, including contractors. Which companies benefited from these lucrative deals with our government? And what were our conditions on their performance? Shouldn't we, as the taxpayers that are funding these

In the absence of federal leadership, states are taking the lead in the fight against climate change. Maryland Governor Martin O’Malley recently released an ambitious climate change plan that will reduce greenhouse gas emissions 25 percent by 2020, generate $1.6 billion in economic benefits, and

Americans are taking advantage of greater credit availability without a heavy reliance on plastic, a trend economists say bodes well for a healthy recovery in consumer credit. The Federal Reserve reported Wednesday that consumer borrowing, excluding mortgages, surged ahead by $13.8 billion to $2.8

Critics of the fast-food worker strikes don't just make the mistake of relying on industry-backed research to argue that higher wages are unaffordable (see Jillian Kay Melchior's slanted and shallow piece in NRO) and ignore the real-live examples of U.S. states that have raised their minimun wage

 $1 trillion in outstanding student loan debt will lead to total lifetime wealth loss of $4 trillion for indebted households.

Friday’s employment report from the Bureau of Labor Statistics shows that the labor market has built up little steam over the course of the year, with July job gains that put us on course to reach full employment in 2020. For young adults, waiting another 7 years just to get on track means