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Starbucks: Yet Another Global Company Accused Of Massive Tax Avoidance

Starbucks has paid just £8.6m in UK taxes over the last 14 years according to a special report by Reuters. The news agency also reports that the Seattle firm has paid no income tax whatsoever in the past three years despite reporting sales of £1.2bn and telling investors that its UK arm is profitable. Starbucks is the […]

October 18th, 2012
Jack Serle
October 18th, 2012
By Jack Serle
Starbucks: Yet Another Global Company Accused Of Massive Tax Avoidance

Starbucks has paid just £8.6m in UK taxes over the last 14 years according to a special report by Reuters. The news agency also reports that the Seattle firm has paid no income tax whatsoever in the past three years despite reporting sales of £1.2bn and telling investors that its UK arm is profitable. Starbucks is the […]

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How Financial Aid Letters Often Leave Students Confused And Misinformed

The financial aid award letters that colleges send to prospective students can be confusing: Many mix grants, scholarships and loans all under the heading of “Award,” “Financial Assistance,” or “Offered Financial Aid.” Some schools also suggest loans in amounts that families can’t afford. Take Parent Plus loans, a federal program that allows families to take […]

October 17th, 2012
Marian Wang
October 17th, 2012
By Marian Wang
How Financial Aid Letters Often Leave Students Confused And Misinformed

The financial aid award letters that colleges send to prospective students can be confusing: Many mix grants, scholarships and loans all under the heading of “Award,” “Financial Assistance,” or “Offered Financial Aid.” Some schools also suggest loans in amounts that families can’t afford. Take Parent Plus loans, a federal program that allows families to take […]

Read Full Article

Big Bird Debate: How Much Does Federal Funding Matter To Public Broadcasting?

Are Big Bird’s 15 minutes up yet? Last week, Mitt Romney pulled public broadcasting into the presidential campaign when he said he would “stop the subsidy” to PBS, despite his love for the furry yellow Muppet. The remark launched endless Internet memes, fueled late night television jokes and spawned a satirical Obama campaign ad(which the Sesame Workshop, a […]

October 12th, 2012
Suevon Lee
October 12th, 2012
By Suevon Lee
Big Bird Debate: How Much Does Federal Funding Matter To Public Broadcasting?

Are Big Bird’s 15 minutes up yet? Last week, Mitt Romney pulled public broadcasting into the presidential campaign when he said he would “stop the subsidy” to PBS, despite his love for the furry yellow Muppet. The remark launched endless Internet memes, fueled late night television jokes and spawned a satirical Obama campaign ad(which the Sesame Workshop, a […]

Read Full Article

Rare Agreement: Obama, Romney, Ryan All Endorse Retraining For Jobless—But Are They Right?

In February 2008, six days before he would win the Wisconsin presidential primary, Barack Obama traveled to a General Motors plant in Janesville, Wis., for a major economic address. Janesville is a community of 63,000 on a bend in the Rock River near the Illinois line, three-fourths of the way up Interstate 90 from Chicago […]

October 11th, 2012
Amy Goldstein
October 11th, 2012
By Amy Goldstein
Rare Agreement: Obama, Romney, Ryan All Endorse Retraining For Jobless—But Are They Right?

In February 2008, six days before he would win the Wisconsin presidential primary, Barack Obama traveled to a General Motors plant in Janesville, Wis., for a major economic address. Janesville is a community of 63,000 on a bend in the Rock River near the Illinois line, three-fourths of the way up Interstate 90 from Chicago […]

Read Full Article

NYC Homeless Boom Puts Shelters In Lap Of Wealthy

With a grand entryway of ornate white stonework, the elegant building seems to blend right into this Manhattan neighborhood of multimillion-dollar brownstones. It’s the crowd of people who loiter on the stoop at all hours — under the constant eye of a surveillance camera — that gives it away as a homeless shelter. Faced with […]

October 10th, 2012
Associated Press
October 10th, 2012
By Associated Press
NYC Homeless Boom Puts Shelters In Lap Of Wealthy

With a grand entryway of ornate white stonework, the elegant building seems to blend right into this Manhattan neighborhood of multimillion-dollar brownstones. It’s the crowd of people who loiter on the stoop at all hours — under the constant eye of a surveillance camera — that gives it away as a homeless shelter. Faced with […]

Read Full Article

A Subprime House Of Cards: Scapegoating Of Poor And People Of Color In An Economic Crisis

A great deal has been stated about Fannie Mae and Freddie Mac when it comes to the implosion of the housing bubble and, in particular, the use of the Community Reinvestment Act (CRA). A favorite target, in the attempt to delegitimize the effectiveness of CRA, has been the poor and people of color –- this […]

October 9th, 2012
Edward Rhymes
October 9th, 2012
By Edward Rhymes
A Subprime House Of Cards: Scapegoating Of Poor And People Of Color In An Economic Crisis

A great deal has been stated about Fannie Mae and Freddie Mac when it comes to the implosion of the housing bubble and, in particular, the use of the Community Reinvestment Act (CRA). A favorite target, in the attempt to delegitimize the effectiveness of CRA, has been the poor and people of color –- this […]

Read Full Article

$1.4T In States’ Pension Fights Foreshadowed In RI

Retired social worker Jim Gillis was told his $36,000 Rhode Island state pension would increase by $1,100 next year to keep up with inflation. But lawmakers suspended annual increases, leaving Gillis wondering how he’ll pay medical bills and whether he’d been betrayed by his former employer. “When you’re working, you’re told you’ll get certain things, […]

October 8th, 2012
Associated Press
October 8th, 2012
By Associated Press
$1.4T In States’ Pension Fights Foreshadowed In RI

Retired social worker Jim Gillis was told his $36,000 Rhode Island state pension would increase by $1,100 next year to keep up with inflation. But lawmakers suspended annual increases, leaving Gillis wondering how he’ll pay medical bills and whether he’d been betrayed by his former employer. “When you’re working, you’re told you’ll get certain things, […]

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