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Already, the biggest banks in the U.S. are huge. The largest 0.2 percent of institutions — just 12 mega-banks — control 69 percent of total bank assets. The 20 biggest banks hold assets equal to 84.5 percent of the nation’s entire economic output.

Despite millennials' lingering reputation as financial delinquents, it turns out not everyone drowning in credit card debt has a newly-printed college diploma and a stack of student loan bills. A recent article by Reuters' Chris Taylor reveals baby boomers are facing an even steeper road to

Harsh, an IT professional from Tuscola, Illinois, is 62, around the age at which a lot of people start actively planning to retire to a white-sandy beach with a frozen margarita in hand. Harsh's debt snuck up on her as she helped her two daughters with college and living costs. She went back to

If you consider yourself part of the middle class, you could be forgiven for not standing at the ready after President Obama called for you to be reignited.

We’ve highlighted how the U.S. media leads the world in the amount of time given to climate deniers, even though nearly 80 percent of Americans believe in climate change.

New York, NY -- In his State of the Union last night, President Obama hit on four key issues where Demos is engaged and where progress is long overdue: voting reform, the minimum wage, universal pre-K, and higher education. On the bipartisan voting commission, Brenda Wright, Vice President of Legal

After a campaign season marked by climate silence, the President’s inaugural call for action on climate change left hope that the administration was serious about making climate a priority. And, there were parts in last night’s State of the Union that were promising, beyond the simple fact that he

Heather McGhee discusses the racist strategy behind austerity economics.

High unemployment and underemployment forced one in four Americans to pull money out of a retirement plan to make ends meet. ... A separate study on credit-card debt done by Demos, which surveyed some 997 households, warns that middle-income households of those nearing retirement are running up huge

Here’s another reason why income inequality is so destructive—it’s ruining our planet and increasing the severity of climate change. A new paper from the Center on Economic and Policy Research looks at a novel way to slow climate change: reduce the hours that we work. For reasons that are not