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A grand canyon of inequality exists between fast food CEOs and the workers who make their corporate and personal fortunes. In the past decade, fast-food CEOs’ wages have increased more than 400 percent, while workers wages increased 0.3 percent, according to a new report by Demos.

What differentiates households that accumulate and carry balances on their credit cards from those that don’t have debt? Building on a national survey of 1,997 households, this study examines two groups of working age low- and middle-income households that are statistically indistinguishable in

Walk around a Target store, and you can see why consumerism is the new opiate of the masses. There's so much stuff to buy and it's so damn cheap. I once bought a full dining ware set at Target for $9.99. Data in today's New York Times shows just how shockingly far prices have fallen for various

New York, NY – The national public policy organization Demos has released a new report that examines the underlying reasons why some Americans have credit card debt and finds further evidence that, contrary to popular belief, indebted households are not the product of less responsible spending

Americans cumulatively have $854 billion in revolving loan (mostly credit card) debt, according to the Federal Reserve.

Chairman Schumer, Senator King, Ranking Member Roberts, and Members of the Committee, thank you for the opportunity to submit this testimony for this hearing on the harm of secret political spending, the impact of the Supreme Court’s recent decision in McCutcheon v. FEC, and solutions to address the

At a Senate hearing today, retired Supreme Court Justice John Paul Stevens will testify about the rise of dark money and the impact of what he’s called the “ grossly incorrect” decision in McCutcheon v FEC.

Today’s New York Times leads with some news that maybe, just maybe, ‘too big to fail’ for major Wall Street banks could become a thing of the past. Prosecutors are nearing criminal charges against Credit Suisse and BNP Paribas (while of course taking very, very careful baby steps to make sure that

Here's a quick question about your retirement savings: When was the last time you checked the fees on your 401(k)? If you're like most Americans, chances are you're not sure what exactly your plan is charging you. Even though employers are now required to disclose more information about 401(k) fees