We are changing the conversation around our democracy and economy by telling influential new stories about our country and its people. Get our latest media updates here.
Irresponsible spending habits are not a cause of credit card debt in U.S. households, according to a new report, The Debt Disparity: What Drives Credit Card Debt in America.
The national survey of working age low- and middle-income households by public policy organization Demos finds that they accrue credit card debt due to lack of insurance coverage, expenses for children and unemployment.
The sylvan silence of McDonald’s suburban Chicago corporate headquarters provides executives of the world’s largest fast-food corporation a retreat far from its 860,000 U.S. workers—who face a schedule of days defined by sizzling grease, fast-paced work and low wages.
Put simply, how do we square that “college is worth it” from the increasing body of evidence that student debt is not necessarily good debt? The unsatisfying answer, of course, is that it depends.
McDonald’s shareholders voted this morning to approve a $9.5 million compensation package for CEO Donald Thompson, including $7.8 million (82 percent of the total) in stock awards and incentive pay intended to reward company performance and align the interests of the Chief Executive with shareholders at the firm.
With another stroke of his pen, President Obama can authorize an Executive Order mandating paid sick leave for the same federally contracted workers whom he just gave a raise to.
On Tuesday, Tea Party challengers received a drubbing by establishment GOP candidates. And today, a group of conservatives published a manifesto with practical ideas meant to woo the middle class entitled Room to Grow. I guess extremism in defense of liberty might be a vice after all.