LEAKED: Docs show how Wall Street giant guaranteed huge fees from taxpayers on risky pension investments
When you think of the term “public pension fund,” you probably imagine hyper-cautious investment strategies kept in check by no-nonsense...
Category: Workers
The Big Tip that America’s Servers Never See
A good many Americans now know the high-finance games that JPMorgan Chase and other big banks like to play —...
Inequality and the Global Race to the Bottom
The chase after ever cheaper sites for manufacturing is causing rising inequality, low-wage misery, and unsafe workplaces in many parts...
The ‘Makers’ and the ‘Takers’
Today’s super rich engorge themselves on federal dollars and evade billions in taxes while ordinary Americans work themselves to the...
Doubling the Minimum Wage Is on the Agenda in Seattle—and Nationally
The dramatic progress of the movement to make the minimum wage a living wage was highlighted on May Day when...
Fast Food Failure: How CEO-to-Worker Pay Disparity Undermines the Industry and the Economy
The link between income inequality and economic instability has drawn renewed attention from economists, policy makers, global financial institutions, media,...
Prominent Republican: Women Need To Be Paid Less So They Can Find Husbands
In an op-ed published by the Christian Post, Phyllis Schlafly — the founder of the Eagle Forum — maintained that...
Is a higher minimum wage a job killer? Not in these states
One of the most hotly contested issues in the debate over raising the federal minimum wage — whether it will...
There’s a Class War Going On and the Poor Are Getting Their Butts Kicked
Although they say they’re concerned about inequality, economic policymakers continue to pummel low-income families and the jobless, and that’s bad...
Half A Million People With College Degrees Are Working For Minimum Wage
Almost half a million college graduates are working minimum-wage jobs, according to new government statistics.
Hamburgled: Nine Out Of Ten Fast Food Workers Have Experienced Wage Theft
A new poll finds that 89 percent of fast food workers nationwide say they experience wage theft.
Senate Republicans Unanimously Block Equal Pay Bill
On Wednesday, Senate Republicans unanimously voted against advancing the Paycheck Fairness Act. Forty-three voted against invoking cloture, joined by Independent...
Retirees Lose Last Shield Against Pension Cuts As Judge Approves Detroit’s Payoff To Banks
After rejecting two previous proposals for being too generous to banks, on Friday a federal judge approved Detroit’s plan to...
Wealth Inequality Is Now As Bad As It Was During The 1920s
Most people know about income inequality: the gap in earnings between the 1 percent and the rest of us that...
The Next Domino’s To Fall: Pizza Chain Will Pay A Half-Million Dollars Over Stolen Wages
Drivers and pizza cooks will share a $448,000 payout from 23 Domino’s Pizza franchise owners around New York state under...
The Burger Chain That Pays $10 An Hour With Benefits
Shake Shack, a burger chain with locations in Florida, New Jersey, New York, Pennsylvania, Washington, D.C. as well as international...
Lawmakers Take the ‘Minimum Wage Challenge’ to Eat Off a Reduced Budget for a Week
Rashida Tlaib is a state representative in Michigan. But on Wednesday when she checked out at her grocery store, she...
McDonald’s Systematically Steals Worker Wages, Lawsuits Claim
Workers in California, Michigan and New York this week filed six new lawsuits against McDonald’s claiming they were systematically shorted...
How Tennessee Politicians Killed Volkswagen Unionization
Right-wing groups may have successfully defeated a unionization bid at Volkswagen’s Chattanooga, Tenn. manufacturing plant, but it wasn’t a clean...
CEO Pay 1,795-to-1 Multiple of Wages Skirts U.S. Law
Former Chief Executive Officer Ron Johnson, 54, of J.C. Penney Co. got a compensation package worth 1,795 times the average...
Fast Food CEO: Low-Paid Managers Prefer ‘Stature’ to Overtime Pay
So-called fast food “managers” who do much of the same work as non-managerial workers, but without being eligible for overtime...
