Big news! President Obama announced an Executive Order this afternoon that would extend the protections of Income-Based Repayment to an estimated five million more student borrowers.
President Obama is expected to announce an Executive Order that would extend the protections of Income-Based Repayment (or more specifically, Pay As You Earn) to student borrowers who took out loans before 2007 or stopped borrowing by 2011.
Today, I conclude my comment upon the conference, “Erroneous Autonomy: The Catholic Case Against Libertarianism,” held last week and sponsored by Catholic University’s Institute for Policy Research & Catholic Studies, where I am a visiting fellow. Friday, I looked at some of the main themes of the conference. Today, I would like to respond to the criticism that we did not invite any Catholic libertarians to speak at the conference and float some ideas about what can and should come next.
President Obama signed an executive order Monday that could extend student debt relief to an additional 5 million people — a move aimed in part at better educating young borrowers of their rights while jumpstarting a moribund debate on the issue in Congress.
Attorney General Eric Holder announced a plan of action that included requiring local and state authorities whose territory included tribal lands to place at least one polling place in an area recommended by tribal leaders. Holder went on to explain the difficulties faced by Natives trying to participate in elections, which have spurred him and the Justice Department to begin changes to current voting practices.
FAYETTEVILLE, Ark.--(Business Wire)--Sending a message to the Walmart heirs who control the company, a growing number of institutional investors, independent shareholders, analysts and advisors are raising concerns – and proposing changes – at Walmart’s annual shareholders meeting Friday.
Proxy season is the magical time of year when shareholders cast their votes on corporate governance. Since 2011, the ‘Say on Pay’ provision of Dodd-Frank ensured those votes would include an up-or-down non-binding voice in executive compensation packages. If that sounds toothless, well, hardly anyone is even getting gummed. According to Equilar’s say on pay tracker, most companies’ executive compensation plans passed with 90-plus percentage majorities.
Income and wealth disparity has emerged as a critical economic and political issue for the US. At its core, it is a discussion of how we measure whether the economy is increasing or decreasing the well-being of Americans as a whole. Traditional measures like GDP growth, the stock market and even unemployment rates do not capture the circumstances of today’s economy.
Walmart has grown from a single store in Rogers, Arkansas, into a massive American institution. It takes in more money per year than most countries produce in GDP. It employs 1.4 million people, or nearly 1 in 100 American workers. Its stores cover 1.1 billion square feet.
There was a lot of pomp and circumstance at Walmart's (WMT) shareholder meeting Friday. In the "pomp" department, over 20,000 of Walmart employees were treated to a star-studded spectacle featuring Pharrell, Robin Thicke, Florida Georgia Line, Sarah McLachlan and Harry Connick Jr., among others.
There was a lot of pomp and circumstance at Walmart's (WMT) shareholder meeting Friday.
In the "pomp" department, over 20,000 of Walmart employees were treated to a star-studded spectacle featuring Pharrell, Robin Thicke, Florida Georgia Line, Sarah McLachlan and Harry Connick Jr., among others.
As the nation’s trillion-dollar student debt continues to rise, a new analysis of public higher education’s funding finds dwindling state support is the key factor driving rising tuition costs and deepening student debt.
All across the country, public services are increasingly outsourced to private contractors in the name of efficiency and cost savings. But a new report from the non-profit research group In the Public Interest (ITPI) shows that outsourcing public services hurts middle and working class communities as well as workers.
You’ve probably heard by now that a stunning 95 percent of the gains the United States economy has made in the years since the Great Recession have gone to the top 1 percent.
“Working moms” employed by the world's biggest retailer, Walmart, have walked off their jobs in a number of cities across the United States. Union organizers said employees walked picket lines Wednesday throughout the day in 20 cities including Tampa, Miami, Chicago, Milwaukee, Minneapolis, Los Angeles, and San Francisco.
Under the banner of "Walmart moms," mothers who work at Walmart launched strikes in 20 cities across the United States on Wednesday to protest what they say are poverty wages and routine policies of retaliation against workers who organize. From Chicago to Pittsburgh to Miami, the mass actions were part of rolling strikes launched last Friday by Our Walmart members.
Walmart workers speaking at the company’s annual shareholder meeting in Bentonville, Arkansas, on Friday said the megastore’s staffing problems and poor pay were hurting the company’s image and contributing to lagging sales.
Their statement comes after a week of rallies across the country by labor activists, union representatives and workers in cities such as Chicago; Dayton, Ohio; and Baton Rouge, Louisiana. The demonstrators have taken aim at the plight of the company’s low-wage employees and the burden they say Walmart’s staffing policies place on working mothers.