Economy

Unfriended: Facebook Divests From Anti-Climate ALEC

Unfriended: Facebook Divests From Anti-Climate ALEC
Facebook is no longer donating to the American Legislative Exchange Council. The far-right think tank went too far on topics like climate change to suit the conservative-friendly social media site, which should indicate just how far away from the mainstream ALEC has gotten.
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Giant Corporations Want to Control All of Your Beer

Giant Corporations Want to Control All of Your Beer
The variety of the craft-brewing wave sweeping the US makes drinking beer more fun than ever. Maryland’s Flying Dog Brewery brews a beer from local oysters, and the Delaware-based Dogfish Head uses an ancient beer recipe they dug up from 2,700-year-old drinking vessels in the tomb of King Midas.
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America's Most Unequal County: Where the Top 5% Makes 88 Times What the Lowest 20% Does

America's Most Unequal County: Where the Top 5% Makes 88 Times What the Lowest 20% Does
The nation's most massive inequality can be located in one very expected New York City community. The numbers show that the top 5 percent of households in Manhattan earned 88 times as much as the poorest 20 percent.
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Why Ordinary People Bear Economic Risks and Donald Trump Doesn’t

Why Ordinary People Bear Economic Risks and Donald Trump Doesn’t
Thirty years ago, on its opening day in 1984, Donald Trump stood in a dark topcoat on the casino floor at Atlantic City’s Trump Plaza, celebrating his new investment as the finest building in Atlantic City and possibly the nation.
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Power Grab: 'Investor-State Dispute Settlements' Are the Worst Thing You’ve Never Heard Of

Power Grab: 'Investor-State Dispute Settlements' Are the Worst Thing You’ve Never Heard Of
Arbitration has become an integral part of trade agreements like NAFTA and the TPP. What does that mean for consumers? Well, for a start, it's an end-run around courts, laws, the Constitution, and pretty much all things democratic.
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South Carolina Small Business Chamber of Commerce Endorses $10.10 Federal Minimum Wage

South Carolina Small Business Chamber of Commerce Endorses $10.10 Federal Minimum Wage
South Carolina's Small Business Chamber of Commerce has now publicly advocated for a federal minimum wage increase, to $10.10. South Carolina has no state mandate on the minimum wage, meaning that only a federal increase would benefit the state's workers in the near term.
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Musical Protesters Fight Mall Sprawl in Seattle Suburb

Musical Protesters Fight Mall Sprawl in Seattle Suburb
In the department of creative protest tactics, residents in the Seattle suburb of Bainbridge Island are raising their voices in song to stop a shopping mall developer from building a large Walgreens, and have made a fun crowdsourced music video to promote their boycott campaign.
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Money in Politics Fuels Student Loan Debt

Money in Politics Fuels Student Loan Debt
Wall Street has found another way to make money at the expense of our future: student loan debt. The amount of debt held by recent graduates increased an astonishing 20 percent from 2011 to 2013, reaching a total of more than $1.2 trillion.
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Sorry Conservatives, 'Put A Ring On It' Is Not An Anti-Poverty Program

Sorry Conservatives, 'Put A Ring On It' Is Not An Anti-Poverty Program
Conservatives say marriage is the “ultimate anti-poverty program,” and claim that most of our economic woes would vanish if more people got hitched. A new study suggests marriage barely makes a dent in poverty.
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Treasury Decision: 'Inversion' Tax Cheats May Finally Get Their Due

Treasury Decision: 'Inversion' Tax Cheats May Finally Get Their Due
The practice of "inversions," whereby a US corporation gobbles up a foreign entity than basically revokes its citizenship to avoid taxes, is getting some heavy scrutiny by Treasury Department head, Jack Lew. Lew will rule soon to diminish incentives that lead companies down the rosy tax cheat path.
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