The U.S. unemployment rate in July was 7.4 percent, the Bureau of Labor Statistics reported, down 0.1 percent from the month before. A separate survey reported businesses claimed to create a net of 162,000 new jobs last month. That left the U.S. with 11.5 million people officially unemployed, 263,000 fewer than in June. But the official jobless rate understates the problem.

Research shows that destroying jobs is an essential component of the retail giant’s anti-worker business model. Does Walmart create jobs? That question is at the heart of the debate currently raging over its plans to open stores in Washington, DC.

Corporations want corporate tax reduction to be the centerpiece of “tax reform" come the fall. The President has already signaled a willingness to sign on in return for more infrastructure investment. But the arguments for corporate tax reduction are specious.

Money is power. Perhaps more than any generation that has come before us, we un­derstand the deeply-rooted reality of this short phrase and its universal meaning for every human being living on this planet. It follows that wherever large amounts of money collect, so also new centers of power form. The latest...

Today is the anniversary of the birth of Janusz Korczak (1878-1942). Korczak was a writer, a medical doctor, a thinker and a radio broadcaster, but he was mainly known as a unique and innovative educator, who founded an orphanage for Jewish children in Warsaw.

Joseph Stiglitz, Nobel Prize-winning Columbia University economist, and author of "The Price of Inequality," talks with Melissa Harris-Perry about the plight of low-wage workers in America and how the stagnation of working-class wages in the United States has eliminated a consumer class that is needed to keep the economy active.

If the 1968 minimum wage grew with inflation, it would be $10.67 today. Unfortunately the federal minimum wage is a miserly $7.25.  According to the Economic Policy Institute, U.S. CEOs of major companies earned 18.3 times more than a typical worker in 1965 and in 2012, CEO pay was 202.3 times more than typical worker pay.

"There are so many other cities in Detroit’s situation, that if the courts decide that it is legal to take away the pension that has been promised to and paid for by these workers, you have [legalized] theft.

Facing an estimated $18 billion in debt, Detroit has become the largest U.S. municipality to file for bankruptcy. It is a grim milestone in the decline of what was once the country’s fourth largest city. Known as the Motor City and the birthplace of the middle class, Detroit’s auto industry and manufacturing sector have collapsed.

Countries like Egypt and Switzerland have placed regulations on how much executives can earn. Here’s why the U.S. should consider doing the same.

This time, it's the Verrazano-Narrows Bridge in New York, not the San Francisco-Oakland Bay Bridge. This time, the agency paying the tab is New York's Metropolitan Transportation Authority (MTA), not the San Francisco area's Metropolitan Transportation Commission.

Americans are segregating by income more than ever before. Forty years ago, most cities (including Detroit) had a mixture of wealthy, middle-class, and poor residents. Now, each income group tends to lives separately, in its own city'

A basic economic principle is government ought to tax what we want to discourage, and not tax what we want to encourage.

What’s less well-known is that you and I and other taxpayers are subsidizing this sky-high executive compensation. That’s because corporations deduct it from their income taxes, causing the rest of us to pay more in taxes to make up the difference. 

A scheme to reduce emissions from polluting factories in China’s richer provinces by imposing limits on them has resulted in shifting mucky plants to less prosperous places with fewer rules.

Jobs are returning with depressing slowness, and most of the new jobs pay less than the jobs that were lost in the Great Recession.

Cenk Uygur and “The Young Turks” producer Hermela Aregawi examine a recently released ACLU report on marijuana use and arrests. The report shows that although use among white and black Americans is comparable, black Americans are four times more likely to be arrested on marijuana charges. “If that’s not racist, I don’t know what it is,” concludes Cenk.

Why are big, global U.S. corporations so unpatriotic? After all, they were created in the U.S.A., rose to immense profit because of the toil of American workers, are bailed out by American taxpayers whenever they’re in trouble, and are safeguarded abroad by the U.S. military.

Google, Amazon, Starbucks, every other major corporation, and every big Wall Street bank, are sheltering as much of their U.S. profits abroad as they can

The Fed’s policy of keeping interest rates near zero is another form of trickle-down economics. For evidence, look no further than Apple’s decision to borrow a whopping $17 billion and turn it over to its investors in the form of dividends and stock buy-backs.

Hardly a day goes by that Congressional hypocrisy is not on display. It seems it knows no bounds as these modern-day reverse Robin Hoods are ravaging the middle-class and poor and filling the already bulging pockets of their benefactors with riches beyond their wildest dreams.

In the past year, housing ownership by Americans fell to 65.3 percent while ownership increased among immigrant households. But if the bipartisan immigration bill set forth by the Gang of Eight passes, that number could soon skyrocket.

A global scarcity of vital resources and the onset of extreme climate change -- are already beginning to converge and in the coming decades are likely to produce a tidal wave of unrest, rebellion, competition, and conflict.