Underbanked Americans will still need financial services. Unfortunately, new regulations cracking down on short-term lenders don’t say anything about better alternatives.
A new report finds that the global insurance companies underwriting bonds are reaping their rewards while shouldering virtually none of their risk.
MIT economist Peter Temin argues that economic inequality results in two distinct classes. And only one of them has any power.
Despite working more every year, earnings gaps aren’t improving.
Peter Moskowitz’s new book on gentrification outlines how local governments cede their power over residents’ lives to private interests.
Other major cities aren’t much better.
The president-elect has pledged tax reform and job creation—policies that should theoretically help poor and minority Americans. Will they?
Over the next decade, the city’s demographics will change dramatically, and housing policy will largely determine who gets to stay.
Even in a city with some of the best health-insurance coverage rates and a glut of medical facilities, residents just a few miles apart are projected to have vastly different lifespans.
Washington, D.C., has embarked on an aggressive clean-energy plan, but a big challenge will be making sure it doesn't worsen existing inequalities.
A new book details how foster-care agencies and other safety-net programs hire consultants to maximize their funding and divert it from its intended use.
Big-name tax-preparation companies charge low-income customers big bucks to file for refunds that are simple to do without help.
One sociologist says that there’s too much of a focus on giving out more college degrees, getting more people married, and making elite workplaces more diverse.
The city carefully planned its economic revitalization. Why, then, is it so painful for some of the people who have lived here the longest?
High-cost lenders are targeting these communities, preventing them from building wealth to pass on to their children.
For millions of renters with limited mobility and other physical challenges, there are few homes and apartments on the market that work for them.
Companies such as Uber will get regulated eventually—but whether that's the best way to help on-demand workers is still being debated.
Such laws aren’t just a headache for developers, economists believe. They’re bad for (nearly) everyone.
When it comes to reviewing job applications, humans are relatively bad at selecting the best humans.
That's a problem in a city where 63 percent of residents are black.
Compared to other immigrant groups? No. Compared to their parents? Yes.