Puerto Rico Fails to Pay $422 Million in Bond Debts Owed Today

Puerto Rico governor Alejandro Garcia Padilla: “We would have preferred to have had a legal framework to restructure our debts in an orderly manner.”

Despite the Tubman Hype, Andrew Jackson Will Stay on the $20 Bill

After multiple reports that freedom fighter Harriet Tubman would ”replace” president and slave master Andrew Jackson on the $20 bill, Treasury Secretary Jacob Lew announced that he’ll stay there—just on the back. 

REPORT: Black Women's Wages Now Even Further Behind Those of White Men

And Black men were the only ones to see a decrease in median pay in 2015.

Keeping it Real About Our Growing Economy

Five reasons why the sunny projections probably don’t mirror your reality

Get this Philadelphia Man a Good Job

Immigrant cab driver posts accounting resume in his cab for more than a year, now.

Black Unemployment Almost Double the National Average

The jobs report indicates that the economy is still figuring out how to recover.

Report: Half of U.S. Families Live on the Edge of 'Economic Chaos'

Economic insecurity has become the norm.

What's Driving This Year's Black Friday Mania?

How the government shutdown fueled worker exploitation and sales panic among retailers.

Is it Getting Tougher for Latinos to Own Homes?

Stricter home ownership regulations are hitting the Latino community particularly hard.

Highest Minimum Wage Set by Jackson Rancheria Band of Miwuk Indians

The Jackson Rancheria is raising its minimum wage to $10.60 an hour, along with excellent benefits.

Obama Picks Yellen to Chair the Fed

Yellen is a favorite among many economic progressives.

CBO Report Leaves Conservatives With Nothing But Racial Anxiety To Fight Immigration Reform

The Congressional Budget Office report on immigration reform largely settles the economic argument over the bill’s overall benefits. Now conservatives have little but their racial anxieties to fall back on.

Obama Skips GOP, Appoints Consumer Watchdog Cordray

The Consumer Financial Protection Bureau is the sole reform to come out of the financial crisis that aims to deal with that fact.

Let's Try It Again! Another Pass at Jobless Benefits Bill

The House votes on extending unemployment benefits today as 1.2 million are at risk of losing their lifeline.

Payday Lenders Target Blacks and Latinos

File this one under “things we suspected but didn’t have data to prove.”

A study released today shows that payday lenders in California target Black and Latino neighborhoods and in the process drain $247 million from these communities. The Center for Responsible Lending, which conducted the analysis, is asking California to put caps on the loan rates.