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The post-recession party line at the American Bankers Association (ABA) is something like, “Hey Jane/Joe Briefcase. We're just as mad at gosh darn Wall Street as anyone. But only some bankers are evil. A lot of us are honest and work hard, just like you.” Maybe. But this isn’t a reason to lose track of ABA’s political agenda and who pays to set it: Wall Street, coincidentally.
In June, five Supreme Court Justices rolled back the Voting Rights Act, widely considered the most effective tool in preventing discrimination in our nation's history. Section 5 of the act required that certain states and localities "preclear" proposed election changes with federal officials to ensure the changes were not discriminatory. The Court ruled that the formula used to determine which jurisdictions needed to get preclearance was outdated and unconstitutional. For those of us who care about voting rights, the question now is how do we respond?
While a college degree may give graduates a leg up in their careers, students who graduate with high student loan debt can find that ticket to be a costly one.
According to a study by the public policy research organization Demos, student loan debt may be more detrimental to your financial future than was previously thought.
It’s high drama and riveting politics these days as Wal-Mart Stores Inc., the nation’s most thoroughly red-state retailer, charges deep into blue-state territory in its efforts to expand beyond its comfortably established realm in rural America and suburbia by moving into the often hostile territory of inner cities.
Here's something alarming to imagine: One day, your investment advisor at Merrill Lynch doesn't show up to his job. No warning, no nothing. He just doesn't show.
The case for raising the pay of low-wage workers usually focuses on the here and now: The biggest low road employers have plenty of profits to spare and sharing them more equitably with their workers would do a load of good, including for the economy as a whole by stimulating more spending and growth. But cast an eye out into the future and you'll see an equally compelling case for upping pay: To avoid an unprecedented poverty crisis among tomorrow's seniors.
The Wall Street Journal’s opinion page is often an exercise in how to completely misinterpret policy and/or data. Monday’s attack on Hillary Clinton’s speech on the impact of the Supreme Court’s decision in Shelby County is no exception.