The Great Recession not only sapped nearly 40 percent of the median American household's net worth, it widened the wealth gap between whites and minor...
We may technically be in a recovery, but it sure doesn't feel like it. Median annual income has declined 4.8 percent from $53,508 to $50,964 since...
Things aren't looking great for America's middle class, and they know it. A significant share of the middle class say it will be a long time befor...
The rhetoric of the Obama and Romney presidential campaigns has recently become harsher. The media have devoted significant attention to these controversies while sometimes failing to address underlying policy differences.
Whites with felony convictions are more likely to be hired than African Americans without any criminal background. You can wish away these facts, and erase these experiences, but denial and silence will not lead to change.
As travel itineraries go, there are more direct routes than taking the phrase "follow the money" literally. Yet that is exactly what British writer...
Bloomberg View: About 13 million Americans are looking for work. An additional 8 million have settled for part- time jobs. Yet almost half of U.S...
While families must recommit themselves to stricter economic discipline and prioritize saving over spending on "wants," families cannot do it alone. Investing in children should be a national priority.
U.S. District Court Judge Jed Rakoff doesn't need an admission of guilt in order to approve a controversial Citigroup settlement with government regul...
NEW YORK -- Small business owners' optimism sank again in July as they expected sales to weaken in the coming months, according to a survey released T...
Come on with me and take a trip back in time to see just how much we spent at some of the worst times in this country's history.
One hundred years from now, a new crop of historians will have spent their careers puzzling over the mindlessness of a governing class that ignored reality and assumed the worst could never happen.
God bless American juries. As the government, press and political classes resolutely keep their eyes shut about corporate misdeeds, juries keep the faith. Not just by convicting Wall Streeters, but by acquitting them when the evidence requires, and then speaking out.
NEW YORK (AP) — What's wrong with the U.S. economy? Growth comes in fits and starts. Unemployment has been over 8 percent for three and a half ye...
A new generation of finance shark pups have been growing in the muddy waters of big business since the 1980s.
WASHINGTON (AP) — U.S. employers posted the most job openings in four years in June, a positive sign that hiring may pick up. The Lab...
If the stock market was a person -- gosh, if corporations can have the same rights as people, why can't the stock market have thoughts and feelings? -- he could be diagnosed with a wide range of psychiatric disorders.
Policies that starve government of what is needed to govern effectively starve all of the U.S. Need we say more?
By Sam Forgione NEW YORK, July 31 (Reuters) - Bill Gross, the co-founder and co-chief investment officer of bond giant PIMCO, says it ...
They care only about how the nation's leaders are going to create and protect jobs and bring stability to the economy. But the truth is that a return to full employment and stability is not possible unless we acknowledge the problem for what it is and put aside partisan politics to fix it. So, what is the problem?
WASHINGTON (AP) — Here's a small consolation: The Great Recession wasn't quite as horrendous as previously thought. But it was still ...
America remains in the midst of an unemployment crisis. Despite private-sector job gains in recent months, nearly 13 million people are still looking ...
Want to know what big cuts in federal spending would do to the United States? Look no further than the United Kingdom.
Ever considered what it's like to live on anything less than a living wage? Many private-sector workers know how it feels. That's because nearly on...
-- A survey finds fewer than one in four Americans trust the financial system and that confidence in large banks is eroding. The latest quarterly su...
