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Outlook Palls for Fossil Fuel Investments

Warnings within the world of high finance are coming thick and fast that the increasingly urgent need to combat climate change means investors could lose heavily by sinking funds into coal, oil and gas.

Posted on Oct 18, 2014 READ MORE



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Uber, Lyft Get an ‘F’ From Better Business Bureau

The consumer watchdog gives the two most popular ride-sharing services its lowest possible grade.

Posted on Oct 14, 2014 READ MORE



Europe Provides State Support for Nuclear Power

The controversial decision that Europe will allow state subsidies for nuclear power is likely to face a legal challenge by opponents who believe it will kill off the market for renewable energy.

Posted on Oct 11, 2014 READ MORE



Investor Heavyweights Call for Clear Action on Climate

As a major U.N. climate summit got underway in New York on Tuesday, some of the world’s biggest institutional investors demanded clearer policies on climate change and the phasing out of fossil fuel subsidies.

Posted on Sep 25, 2014 READ MORE



Political Will Is Only Barrier to 100 Percent Renewables

A report published ahead of Tuesday’s U.N. Climate Summit illustrates that poor and prosperous nations, tiny islands and great cities, can satisfy all their energy needs from renewables.

Posted on Sep 21, 2014 READ MORE



A New Way Insurers Are Shifting Costs to the Sick

By charging higher prices for generic drugs that treat certain illnesses, health insurers may be violating the spirit of the Affordable Care Act, which bans discrimination against those with pre-existing conditions.

Posted on Sep 18, 2014 READ MORE



Weak Laws Offer Debtors Little Protection and Allow Collectors to Seize a Fourth of Their Wages

Critics say the 1968 federal law that allows collectors to take 25 percent of debtors’ wages, or every penny in their bank accounts, is out of date and overly harsh.

Posted on Sep 16, 2014 READ MORE



Harvard Business School’s Role in Widening Inequality

No institution is more responsible for educating the CEOs of American corporations than Harvard Business School.

Posted on Sep 13, 2014 READ MORE



U.S. Company Helps Russia Block Prominent Putin Critic

The U.S. blogging company LiveJournal is showing an error message to users inside Russia who try to read the blog of Alexei Navalny, a prominent politician and critic of the Russian government.

Posted on Sep 9, 2014 READ MORE


Corporate Inversion Tax Dodge

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Posted on Sep 2, 2014 READ MORE



(AP Photo/Steven Senne)

A Market Basket of Dignity

Who knew that one of the best made-for-Labor Day speeches in American history would be delivered by a CEO? And who could have guessed that the summer’s major labor story would not be about a CEO saving the jobs of his workers but about the workers saving the job of their CEO?

Posted on Sep 1, 2014 READ MORE



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California Legislature Passes Bill to Protect Temp Workers

The California legislature has passed a bill that would hold companies legally responsible if the temp agencies and subcontractors they hire cheat workers out of their wages or put them in harm’s way.

Posted on Aug 29, 2014 READ MORE


John Oliver on Why You Should Resort to ‘Anything Else’ Before Taking Out a Payday Loan

Payday loan providers have been around for 20 years or so, and in that time their growth rate has been exponential for one reason alone: The services they provide are a huge, undeniable, legal scam. Watch John Oliver and comedian Sarah Silverman explain why you need to avoid them at all costs.

Posted on Aug 12, 2014 READ MORE



The Disconnect Between Workers’ Pay and Social Worth

Does anyone seriously believe hedge-fund mogul Steven A. Cohen is worth the $2.3 billion he raked in last year, despite being slapped with a $1.8 billion fine after his firm pleaded guilty to insider trading?

Posted on Aug 4, 2014 READ MORE



Lobbyists Bidding to Block Government Regs Set Sights on Secretive White House Office

When Washington lobbyists fail to derail regulations proposed by federal agencies, they often find a receptive ear within the Office of Information and Regulatory Affairs, an arm of the White House Office of Management and Budget that conducts much of its business in secret.

Posted on Aug 2, 2014 READ MORE



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Unpaid Interns Can Collect Back Pay Without Hurting Their Careers

After a year scrutinizing the intern economy, ProPublica’s internship investigation is coming to an end. But before signing off, we wanted to do our own end-of-semester review.

Posted on Jul 23, 2014 READ MORE


Corporate Personhood

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Posted on Jul 7, 2014 READ MORE



Truthdigger of the Week: Jill Lepore

By attacking “one of the most widely cited and celebrated ideas in modern business,” the Harvard historian confirmed that American capitalists have embraced destruction as a method of progress.

Posted on Jul 6, 2014 READ MORE



The Politics and Economics of Inequality: A Lecture to the Top One-Tenth of 1 Percent (Video)

Here’s a lecture I gave recently at this year’s Aspen Ideas Festival. The irony of talking about inequality with an audience composed almost entirely of the richest one-tenth of 1 percent of Americans was not lost on me.

Posted on Jul 5, 2014 READ MORE



Freedom, Power, and the Conservative Mind

Freedom is the one value conservatives place above all others, yet time and again their ideal of freedom ignores the growing imbalance of power in our society that’s eroding the freedoms of most people.

Posted on Jul 3, 2014 READ MORE



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Break the Koch Machine (Video)

A number of billionaires are flooding our democracy with their money, drowning out the voices of the rest of us. But Charles and David Koch are in a class by themselves.

Posted on Jun 28, 2014 READ MORE



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Poll: Americans Continue to Worry About the Economy

The stock market has been soaring for the last five years, but Americans overall take a negative view of the economy.

Posted on May 28, 2014 READ MORE



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IRS Delays New Rules for Dark Money Groups

The agency has pushed back indefinitely a hearing on new regulations for social welfare nonprofits that spend money on politics.

Posted on May 24, 2014 READ MORE



Frederic Legrand / Shutterstock.com

Tim Geithner and the Wall Street Bailout Redux

Timothy Geithner’s new book about the financial crisis, “Stress Test,” is basically an argument that the Wall Street bailout succeeded.

Posted on May 14, 2014 READ MORE



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How to Shrink Inequality

Some inequality of income and wealth is inevitable, if not necessary.

Posted on May 14, 2014 READ MORE



Shortly After Mother’s Day, U.N. Says U.S. ‘Losing Out’ Over Paid Maternity Leave

The United States is one of just three countries not to guarantee any paid maternity leave, a policy that costs the nation dearly.

Posted on May 13, 2014 READ MORE



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Four Ways You Can Seek Back Pay for an Unpaid Internship

Think you’re entitled to be paid for your unpaid internship? Here are resources you should know about.

Posted on May 10, 2014 READ MORE



Oil Companies Take Trillion Dollar Gamble

Oil companies are using investors’ money on high-risk extraction projects based on the dubious belief that oil prices will go on rising, and with little regard for climate change factors.

Posted on May 9, 2014 READ MORE



marsmett talahassee (CC BY-NC-SA 2.0)

Government = Protection Racket for the 1 Percent

The evidence of income inequality just keeps mounting.

Posted on Apr 23, 2014 READ MORE



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Business Leaders Are Concerned About Climate Change, Just Not in North America

According to a flash poll by the Economist Intelligence Unit, a minority of North American business leaders agree that climate change is a problem requiring urgent action, trailing all other continents polled.

Posted on Apr 22, 2014 READ MORE



Bastian (CC BY-NC-ND 2.0)

Raising Taxes on Corporations That Pay Their CEOs Royally and Treat Their Workers Like Serfs

Until the 1980s, corporate CEOs were paid, on average, 30 times what their typical worker was paid. Since then, CEO pay has skyrocketed.

Posted on Apr 22, 2014 READ MORE



Twin Design / Shutterstock.com

Netflix to Raise Prices for New Customers

The streaming video service announced it would raise prices by one or two dollars for new customers only, however existing subscribers will likely see their bills match newcomers at some point in the future.

Posted on Apr 21, 2014 READ MORE


Payday Lenders

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Posted on Apr 20, 2014 READ MORE



Knight725 (CC BY-NC 2.0)

Antitrust in the New Gilded Age

We’re in a new gilded age of wealth and power similar to the first gilded age when the nation’s antitrust laws were enacted.

Posted on Apr 17, 2014 READ MORE



Corporations Weigh Risks, Opportunities of Changing Climate

For business and industry climate change brings a range of concerns—and offers plenty of new opportunities as well.

Posted on Apr 6, 2014 READ MORE


Payday Loan Hearings

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Posted on Mar 30, 2014 READ MORE


World in the Grip of Big Agri-Food

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Posted on Mar 25, 2014 READ MORE



Top Chinese JPMorgan Exec Leaving Amid Probe

One of JPMorgan Chase’s top Chinese executives will resign, according to a bank memo, as regulators probe whether the financial giant violated anti-bribery laws in Asia.

Posted on Mar 25, 2014 READ MORE


Bankers and Big Data

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Posted on Mar 16, 2014 READ MORE



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The ‘Paid-What-You’re-Worth’ Myth

If you still believe people are paid what they’re worth, take a look at Wall Street bonuses.

Posted on Mar 15, 2014 READ MORE



The Growth of the American Servant Sector

Nowadays, the members of the 1 percent are the only ones getting richer and they’re hiring servants to keep them comfy; there are a few things you should be aware about with regard to your caffeine intake; meanwhile, familiar weather patterns have gone extinct. These discoveries and more after the jump.

Posted on Mar 11, 2014 READ MORE


Minimum Wage

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Posted on Mar 6, 2014 READ MORE



zennie62 (CC BY-ND 2.0)

The Real Job Killers

House Speaker John Boehner says raising the minimum wage is “bad policy” because it will cause job losses. 

Posted on Mar 1, 2014 READ MORE


Minimum Wage

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Posted on Feb 25, 2014 READ MORE



abulhussain (CC BY 2.0)

Inequality, Productivity and WhatsApp

If you ever wonder what’s fueling America’s staggering inequality, ponder Facebook’s acquisition of the mobile messaging company WhatsApp.

Posted on Feb 22, 2014 READ MORE



SimonQ???? (CC BY-NC-ND 2.0)

Can Anyone Guess What Facebook Just Spent $19 Billion On?

The tech world is in shock over Facebook’s latest big ticket purchase.

Posted on Feb 20, 2014 READ MORE



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The Economic Case for Paid Leave Laws

For all the pro-family rhetoric that dominates America’s political discourse, U.S. law remains decidedly anti-family.

Posted on Jan 24, 2014 READ MORE



Where ‘Canabusiness’ Goes, Wall Street’s Sure to Follow

Wall Street’s fat cats will be just fine with Americans rolling fat joints en masse once the other 48 states go the way of Colorado and Washington on the marijuana legalization issue. Sure enough, as Capital New York’s Joanna Molloy put it, “Marijuana is going corporate.”

Posted on Jan 21, 2014 READ MORE


MLK Hiring

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Posted on Jan 21, 2014 READ MORE


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