These are hard-working folks, often with two jobs, who simply can't survive on what they are paid. Think about it. Work 50 hours at $8 bucks an hour, and your weekly pre-tax income is $400, or about $20,000 annually. Raise a family of four on that.
Though some have claimed Larry Summers's views on monetary policy are unclear, his time in public service reveals a history of accommodating Wall Street over Main Street.
Women had to sacrifice and hustle to get through the recession, and they are going to make marketers hustle even harder to get their attention now. It's time to get your blogs going and start tweeting if you want to connect with the new, woman shopper.
Through a secretive, sneaky, back-door approach, banks that issue the cards, along with Visa and MasterCard, have figured out yet another way to suck money from our pocketbooks without our ever even knowing about it.
Does frugality have to be synonymous with being unhealthy? "The answer is no," said New York chef Irene Khin, who runs Saffron59, a catering business that specializes in Asian-fusion cuisine told me. "You can make a nutritious meal for less than a McDonalds' lunch combo and feed three people."
The fear that deficits and mounting debt will suffocate economic recovery and impede healthy growth has been tested over the last several years, and the results are not just unimpressive -- but painful when one looks at unemployment levels.
Thanks to the Great Recession, Occupy Wall Street, and the ensuing focus on the "1 percent," the gulf between the richest and the rest is now acknowledged. While income inequality is enjoying its moment in the sun, other forms of inequality are getting far less attention.
To this day I clearly remember landing into Madrid Barajas from LAX on a hazy August morning; the terminal smelled of cafés con leche and cleaning products. That said, it's difficult to sum up my last four years within this country.
It seems like every day there is a new story on how our higher education system is going to hell in the proverbial hand basket. While rising tuition c...
Contrary to conservative claims that the food stamp, or SNAP, program has run amok, participation is high for a reason: there are still a lot of folks struggling to provide their families with adequate nutrition.
The federal is deficit going down. The Dow Jones is at an all-time high. The consumer confidence index is inching back up. For business owners, everyt...
Better late than never, I suppose, but it looks like the long awaited real estate downturn has finally turned a corner. But just like it takes five miles for an airborne 747 passenger jet to turn around in mid-air, this elongated real estate recession seems to have a mind of its own -- and may not be over, technically speaking.
You might have heard that "austerity is dead." Meanwhile we have two real problems to worry about: unemployment and crumbling infrastructure.
The solutions to many of the nation's problems boil down to empowerment, leadership, organization, commitment, follow-up and determination -- a critical combination that seems to continuously evade our elected representatives on Capitol Hill these days.
Today’s jobs report shows that employers continued to add jobs in May, but total employment (private and government combined) remains well below...
With more than a century of industrial development at our backs, the moral imperative to change how we treat natural resources and human capital while reducing and eliminating dirty fossil fuels is urgent.