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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
In the media
Aimee Picchi
There’s been alarm raised recently over the decline in college enrollment over the past two years. Some have even gone so far as to argue that this decline is the result of masses of young people realizing that college “isn’t worth it”, even though the college wage premium—the gap between the
Blog
Robert Hiltonsmith
One of the greatest things about a market economy is that all sorts of people can get to the top -- in contrast to, say, feudalism where the only people at the top are those who were born there. And while I spend plenty of time bemoaning the decline of upward mobility and how privilege is
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David Callahan
It’s the end of April—and probably safe to say the Kwasi Enin thing is played out. I’m going to be “that guy” who annoyingly resurrects a topic long after everyone else in the convo has buried it. While Kwasi’s specific headline may have had a one-week expiration date, the American media
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Jamal Mtshali
Domino’s Pizza boss J Patrick Doyle is getting too large a slice of the pie, shareholders will tell the company’s board at the fast food chain’s annual meeting on Tuesday. The two largest shareholder advisory groups, ISS and Glass Lewis; CalSTRS, California’s $183bn teachers’ pension fund; and
In the media
Dominic Rushe
President Obama has spent a lot of time in Asia talking about the Trans-Pacific Partnership, the big trade deal that negotiators have been working on for a few years. But all that energy is probably for naught, at least for the time being, since the TPP isn't going anywhere in Congress anytime soon
Blog
David Callahan
No less a capitalist than Henry Ford believed in paying his workforce enough so that the men who built his cars could buy his cars too. At McDonald’s, employees are encouraged to apply for food stamps if they aren’t making enough to eat.
In the media
Willy Blackmore
If you want a glimpse of super-sized pay inequality, look no further than America’s fast-food industry. Nowhere is company-level pay disparity more apparent than in fast food, where CEOs reportedly take home $1,000 for every $1 earned by their typical employee.
In the media
Krystal Steinmetz
The American economy overall is ferociously unequal, but some sectors are more unequal than others. A new study from the left-leaning think tank Demos looked at CEO-to-worker compensation ratios across the labor force in an attempt to determine where inequality is most concentrated. The answer
In the media
Ned Resnikoff
Here's what has been so great about having wealth over the past two decades: not only has it been easy to make lots of money from investing that wealth, but taxes have hovered near a historic low on capital gains and stock dividends. So those with assets to deploy have been getting a twofer: High
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David Callahan