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Robert Hiltonsmith, senior policy analyst at Demos, a progressive think tank, expects the positive trends to continue -- even if Tuesday’s survey suggests employers overall aren’t relenting on tough and irregular scheduling demands. “I think it’s a slow burn, but the pressure’s mounting,” he says.
In the media
Cole Stangler
Either way, the drawdown is a worry in the huge US retirement industry, which managed total assets of $24.8 trillion as of June 30. Massive withdrawals will crimp the lucrative fee income for administrators. And another concern is market performance, with fewer US buyers and sellers available to
In the media
John Aidan Byrne
The demonized banking industry must make the case it is morally noble. That may jar some ears, but surely enabling retirees to earn a return on their savings and funding business expansion creating jobs and wealth, improving Americans’ quality of and opportunities in life is morally noble. — Eric
Blog
Wallace C. Turbeville
But, rising rents may shift that balance—making widows or single senior women particularly susceptible to market trends. And, as one Federal Reserve Bank of Boston report notes, 84% of single senior households—mostly senior women—are financially vulnerable. That figure is derived from the Senior
In the media
William Richards
Among mortgage professionals, it is widely held that owning a home is how many Americans build wealth. As the private mortgage market has failed to make loans available to Black homebuyers, our community suffers from a limited ability to create wealth through this reliable and proven method.
In the media
Charlene Crowell
I propose a far-reaching agenda to fix Quarterly Capitalism, equal to the task of shifting traderscorporate America away from an obsession with short-termism and toward creating shared productivity. These proposals are complementary and non-exclusive, but the problem of Quarterly Capitalism and
In the media
Wallace C. Turbeville
But praise for Clinton fades to disappointment because her solution to quarterly capitalism, an adjustment to capital gains tax rates, holds little promise of getting the job done. What’s needed are new restrictions on Wall Street and changes to how corporations do business, territory occupied so
In the media
Wallace C. Turbeville
Bill Clinton's interview provoked Wallace Turbeville, a former lawyer and investment banker turned financial reform advocate, to contradict him. "His statement is flat wrong," Turbeville wrote in a blog post for the liberal think tank Demos. "The Graham-Leach-Bliley Act that President Clinton signed
In the media
Darrell Delamaide
“There is no justice in America when the largest low-wage employer is not McDonald’s, it is not Burger King, it is not Walmart.
In the media
Claire Zillman
Wal-Mart recently made headlines for increasing the starting salary of workers from $9 to $10 an hour, which would boost the wages of 500,000 employees, along with other boosts in specialized sections.
In the media
Sean McElwee
Amy Traub