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Five ways income inequality happened, and will continue | Reuters

As if on cue for an Occupy Wall Street commercial, the latest Congressional Budget Office report highlighted the large crevasse between the upper 1 percent of U.S. households and the rest of us. MORE...

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The American economy: A very good week | The Economist

PERHAPS it’s time to dial back some of the gloom. This week gave us positive news on two fronts. First, the underlying American economy seems to be in reasonably good shape. Second, the biggest risks...

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8 States to Raise Minimum Wage – NYTimes.com

Eight states will ring in the New Year with a higher minimum wage, under state laws that require wage floors to keep apace with inflation. San Francisco, one of the few cities that sets its own minimum...

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The Big Lie – NYTimes.com

So this is how the Big Lie works. You begin with a hypothesis that has a certain surface plausibility. You find an ally whose background suggests that he’s an “expert”; out of thin air, he devises...

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Dismantling Detroit – NYTimes.com

We chose to focus our cameras on Detroit out of a gut feeling that this city — often heralded as the birthplace of the middle class — may well be a harbinger of things to come for the rest of the...

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United States | The Economist

Newt Gingrich wins big, but can he keep the momentum going as the campaign moves into friendlier territory for … MORE via United States | The Economist.Filed under: Blogosphere, Culture Think, Election...

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Investment banking: Bonfire of the bankers | The Economist

“IT SUCKED,” says the head of investment banking at one of Europe’s biggest banks, reviewing the fourth quarter of 2011. That succinct assessment will take few by surprise. The sale and trading of...

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Push to Avert Foreclosures Hits Court Logjam – NYTimes.com

New York has been among the most aggressive states in trying to protect homeowners from foreclosure, granting new legal protections and turning courts across the state into teeming negotiation centers...

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States Negotiate $26 Billion Deal for Homeowners – NYTimes.com

After months of painstaking talks, government authorities and five of the nation’s biggest banks have agreed to a $26 billion settlement that could provide relief to nearly two million current and...

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Reverse Mortgages Costing Some Seniors Their Homes – NYTimes.com

The very loans that are supposed to help seniors stay in their homes are in many cases pushing them … More via Reverse Mortgages Costing Some Seniors Their Homes – NYTimes.com.Filed under: Aging,...

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How the Great Recession Has Changed Life in America | Pew Research Center’s...

As the various candidates for the office of President of the United States define themselves and throw their hat in the ring, we should probably take a good look at their position on the American...

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