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Can some types of debt cause the blues? Why are people approaching retirement age carrying credit card debt? This column shares results from recent research about credit card debt among older Americans. [...]

When employers check credit as part of their hiring it creates a vicious cycle: out-of-work Americans can’t pay down their debts because they don’t have a job, but they can’t get a job because would-be employers hold their consumer credit history against them.

NEW YORK -- At a gathering of state leaders in Baltimore, Maryland, last week, Maryland Governor Martin O’Malley made a strong case in support of the growing movement to rethink and re-orient how we measure economic performance and social progress, which he argues is a crucial step forward in

In a keynote address last Friday in Baltimore, Maryland Governor Martin O’Malley broke down the reasons behind his administration’s decision to make Maryland the first state in the union to employ a Genuine Progress Indicator (GPI), a quantitative assessment that integrates both the costs and the

One of the most pernicious myths of the past half century is that guaranteeing healthcare for all Americans would strike a mortal blow against this country's system of free enterprise.

We have learned, painfully, of the damage derivatives can do to an economy in a financial crisis. But derivatives are hurting the economy even on its best days, according to a new study.

Credit reports weren’t designed to be job-screening tools. But about half of employers now use them when making hiring decisions, according to a 2012 study by the Society for Human Resource Management. The practice cuts across all sectors of the economy, from high-level management to office

For some job seekers, repeated rejection by potential employers may be traceable to an unlikely source: their credit report. Regulators are cracking down on some of the methods companies are using to screen candidates (two major companies this week were accused of using background checks to

Philadelphia requires city-subsidized organizations to give employees health benefits, a living wage of $10.88 an hour and paid sick leave. But the ordinance only applies only to “businesses with direct city contracts,” according to The Philadelphia Inquirer, and excludes subcontracted employees at

Regulators in the United Kingdom are looking into allegations that traders from some of the world's largest banks have been manipulating benchmark foreign-exchange rates to make profits on the backs of clients. Bloomberg News broke the story earlier this week, citing interviews with several