Life happens. We have children to support. We lose jobs. Marriages fall apart. By the time we near our ‘Golden Years’ the nest-egg we may have envisioned may be a lot smaller than we thought and in many cases, not there at all due to heavy debt loads.
Last week, New York City Comptroller Scott Stringer unveiled a new plan to regulate financial advisers, the first of its kind, that tries to protect the average investor from advisers who don’t have to put their clients’ best interests first.
“Put some mustard on it.” That’s the advice that Chicago McDonald’s worker Brittney Berry allegedly received from her manager after suffering a scalding burn on her arm from the grill used to make eggs. And this was no minor burn – she was eventually taken to the hospital in an ambulance, and had to miss work for six months.
Last Year, Germany announced it was making its university system free. Given mounting college costs in America, ATTN: wanted to interview a higher education expert to learn whether any best practices could be applied domestically. We spoke with Mark Huelsman from the New York-based think tank Demos for answers. [...]
BOSTON, NEW YORK, and WASHINGTON, D.C. – Today, voting rights advocates announced a settlement with the Massachusetts Department of Transitional Assistance (DTA) that will ensure that hundreds of thousands of eligible Massachusetts citizens are provided opportunities to register to vote in compliance with the National Voter Registration Act (NVRA). In light of the settlement, the parties have jointly requested that U.S. District Court Judge Denise J.
In preparation for the 2016 presidential election, Democrats appear united around one candidate, while the Republican contest remains far from secured. Many on the left, who view Hillary Clinton’s stances as a tame brand of liberalism, have attempted to draft Sen. Elizabeth Warren, D-Mass., to run. But the progressives do not need a charismatic leader. Instead, they need to invest in unleashing the disgruntled progressive majority.
Maybe no economic statistic captures the continuing impact of the nation’s history of inequality better than the racial wealth gap. It has left a yawning gulf that separates whites from blacks and Hispanics. And it persists across income and educational levels in ways that have left whites who are high school dropouts with a higher median new worth greater than blacks and Hispanics who are college graduates.
Warren Buffett warned investors that bankers were still up to their old tricks in his recent investor letter. Vanguard founder Jack Bogle is writing about how high fee mutual funds are ripping off investors and endangering retirement security. And Fed Chair Janet Yellen is touting new, tougher capital rules for “Too Big to Fail” banks.
Fifty years after Bloody Sunday, I marched to the top of the Edmund Pettus Bridge with Mrs. Amelia Boynton Robinson, Congressman John Lewis, President Barack Obama, and many others.
Latonya Suggs is one of 15 former students of Corinthian-owned schools called "the Corinthian 15" who are engaging in what they say is the nation's first student debt strike. They're refusing to pay back both their private and their federal student loans.
Strike Debt is helping provide legal support for the students for the consequences of the strike, which will be harsh if the group isn't relieved of its debts.
For about a month now, New England has been pummeled with massive winter storms, leaving large swaths of the region with feet of snow and frequently making travel impossible.
This week a group of former students calling themselves the Corinthian 15 announced that they were committing a new kind of civil disobedience: a debt strike. They are refusing to make any more payments on their federal student loans.
In the wake of the recent gutting of the Voting Rights Act, partisans were quick to jump on the opportunity to restrict unfavorable voters. Across the country, conservatives in particular have debated fiercely whether to pursue voter suppression to remain competitive in an increasingly diverse electorate.
(New York, NY) – Earlier this week, President Obama directed the Department of Labor to begin the rulemaking process for a fiduciary rule, a new regulation that would require financial advisors and brokers to act in the best interest of people saving for retirement. In the new explainer Why the Fiduciary Rule Matters, Demos Senior Policy Analyst Robert Hiltonsmith finds that this new regulation could save Americans nearly $25 billion from lower fees and translate into an additional $60 billion in returns.
Remember when Walmart got panned for running a Thanksgiving food drive for its own employees—overlooking the irony of demonstrating noblesse oblige by asking customers to subsidize the workers the company itself impoverished? The retail giant took a more strategic approach last week when rolling out its latest do-gooder scheme: raising its base wage incrementally to $10 an hour.