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Payday lenders can trap working people in a never-ending cycle of debt. Big Banks also have gotten into the business by offering “deposit advance” loans. For years, consumer advocates have been calling on regulators to rein in abusive payday loans, which often charge interest at more than 300% per year. These exorbitantly high interest rates drain money from low-income communities.
If you’re one of the 59% of U.S. workers paid by the hour who counts on overtime to stretch your paycheck, it’s time to tell House Republicans, “Don’t cut my overtime with your so-called Working Families Flexibility Act (H.R. 1406).” The bill would allow employers to stop giving workers any extra pay for overtime work and instead substitute “comp time.”What would that mean for most workers?
A new report from the Center for Economic and Policy Research (CEPR) shows the country needs to increase union membership significantly, create universal health care, a universal retirement system (beyond Social Security), expand college attainment and achieve gender pay equity to create more "good" jobs in the United States.
A suspect was shot multiple times by police Monday morning after pulling a gun in the lobby of a police station in Utah.Police in West Valley City, a suburb of Salt Lake City, said one if its officers shot a man who was acting suspiciously in the lobby of the police station and pulled a gun after asking an officer to come out from behind a partition around 8:30 a.m. this morning, KSL.com reported....
When Bill Brockmiller, president of the Western Wisconsin AFL-CIO, was asked why he and several dozen union and community members and local officials in La Crosse were taking part in Workers Memorial Day ceremonies Sunday, he told WXOW-TV:You have a right to go to work and earn your daily bread, support your family and come back home at night. So when that doesn't happen, when you lose your life in the pursuit of a paycheck, I think we owe it to those people, and to their family, those they leave behind, to honor that sacrifice.
With two words -- "I'm gay" -- NBA player Jason Collins made sports history Monday, drawing surprise and praise from fans, ex-teammates and even a former president."Jason's announcement today is an important moment for professional sports and in the history of the LGBT community," said a statement from Bill Clinton, whose daughter Chelsea has been friends with Collins since their days at Stanford ...
