Tag Archives: money

Saving Carver Federal, NY’s last black bank

By Aaron Elstein Harlem’s renaissance is impossible to miss. Starbucks and Banana Republic line 125th Street. Whole Foods is coming. Marcus Samuelsson’s Red Rooster restaurant draws gourmands from everywhere, and busloads of tourists come to hear gospel choirs in the … Continue reading

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16 things you should remove from your resume

By Amanda Augustine An eye-tracking study by TheLadders found that the average recruiter spends only six seconds reviewing a resume before deciding if it’s worth a closer inspection. When you only have six seconds to make the right impression, you … Continue reading

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How Credit Checks Keep Black People Unemployed

By Charles D. Ellison When New York State Attorney General Eric T. Schneiderman announced that his office had cut a deal with the three big credit bureaus—Experian, Equifax and TransUnion—to improve the customer experience, the news shook the financial-services world … Continue reading

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The Real Reason Walmart U-Turned on Wages

By Curt Hopkins Retail powerhouse Walmart prides itself on providing customers with “everyday low prices.” But labor experts believe the retail giant scored itself a public relations bargain with a much-publicized but less-than-generous pay increase for some of its workers. … Continue reading

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Big Fast Food Opposes Seattle’s $15 Minimum Wage

By Ned Resnikoff A federal judge in Seattle heard arguments Tuesday in a lawsuit challenging the city’s $15 minimum wage on constitutional grounds. The International Franchise Association (IFA) — an industry group representing both small franchisees and powerful franchisors such … Continue reading

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A template for the Future

After a summer of driving 4 hours from my home in suburban Kansas City, MO to Ferguson, MO shouting “Black Lives Matter!”, a summer and fall of watching in utter disgust and disappointment of Grand Jury decisions of no indictments … Continue reading

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10 Supreme Court Rulings—Before Hobby Lobby—That Turned Corporations Into People

By Alex Park Last week’s Hobby Lobby ruling charted new legal territory by granting corporations the same religious rights as real people. The rationale behind the decision—that expanding constitutional rights to businesses is necessary to “protect the rights of people … Continue reading

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When You’re Poor, Money Is Expensive

_By Derek Thompson Alex was doing the thing he loved most, singing and playing his acoustic guitar onstage when, after one show, he met Melissa. “We kinda hit it off,” Melissa said. “No kinda about it.” Alex corrected. “We just … Continue reading

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People Who Work For Tips Are Twice As Likely To Live In Poverty

By Bryce Covert People who work for tips are far more likely to live in poverty, according to a new report from the Economic Policy Institute EPI. The poverty rate for workers who don’t make tips is 6.5 percent, but … Continue reading

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Why did the ‘poor Mercedes lady’ evoke such a passionate response?

By Soraya Nadia McDonald By now, you’ve seen it, or heard about it, or at least scrolled past the link on Facebook. The first-person account in The Washington Post of Darlena Cunha, the mom who drove her husband’s 2003 Mercedes Kompressor … Continue reading

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