A million fewer people received SNAP last December than in December 2012 -- the fourth straight month in which participation fell from the previous year. This is just the latest sign that SNAP, which critics claim is out of control, has begun to shrink as the economy slowly recovers from the Great Recession.
When I first heard JCPenney's new tagline "When it Fits, You Feel it," I was reminded of why I don't "fit" JCPenney. It is the same reason why I b...
The average American continues in depression, while economic inequality soars and the rich are doing well, under President Obama and the Republicans in Congress.
The NASDAQ, DOW Jones and S&P 500 are all experiencing record highs. But does this mean that the market is oversold and we should expect declines? Not necessarily.
Guided by the mythology of the "American dream" -- the idea that, given the opportunity, the deserving will excel and rise above their peers -- politi...
While Marx was wrong about some things, his writings accurately predicted several aspects of contemporary capitalism, from the Great Recession to the iPhone 5S in your pocket.
Market suckers have been taken in by these speculative games for four years running; why should 2014 be any different, especially with CNBC cheering them on by not explaining what's really going on?
Poverty isn't a "money problem." It's not about having to wait to cash out your 401k or your IRA or some of your stocks. It's having nowhere to turn for money. It's wondering which bill can be paid and which bill can be put off.
Looking to the year ahead, how do we see the global economic landscape, and what will this mean for our region? This question is especially on people's minds today, given the risks of deflation in advanced economies and of sustained turbulence in emerging markets.
Perkins should be smart enough to know that comparing anyone to the Nazis is one of the third rails of American political discourse. To compare it to the Occupy movement or a few zealous activists is more than a stretch.
When people talk about the keys to good health, they always talk about balancing mind, body and spirit. However I believe they are missing the key ingredient of financial health. Health and wealth are interconnected and if any of the pillars of health are disturbed, it can cause sickness and even death.
Unz has part of the equation right: Raising the wage floor brings up the rest of the economy. But he departs from the progressive view in a key respect: A higher wage floor won't really help workers unless it lifts all equally, built to be as level as it is broad.
"I really enjoyed my time at Oberlin and I felt like I was learning, but I wasn't progressing towards a job at the end of graduation," said Ned Lindau...
This was my first Christmas tree in five years -- four, if you count the austere Artistic Experiment of having a beefy neighbor with a buzz saw take d...
Mainly, we remember Dr. King as a prophet of non-discrimination. If the government treats black folks and white folks alike (which it does not always, even today), we tell ourselves that we have lived up to Dr. King's mighty vision. But Dr. King, and the civil rights movement as a whole, wanted much, much more for America.
How are we to explain these differences? The United States was, after all, the epicenter of the world financial crisis and recession in 2008. But U.S policy-makers responded to the recession with different policies. Most important was monetary policy.