CBO Gives Mixed Verdict on $15 Minimum Wage
A hike in the minimum wage to $15 per hour would boost the income of 17 million workers but could also lead to the loss of 1.3 million jobs, the CBO says.
Boards Sharpen Focus on Social Issues
Directors increasingly see matters such as resource scarcity, human rights, and income inequality as important components of strategy discussions.
Rising Income Gap Threatens U.S. Credit Rating
"Pressures from rising inequality will exacerbate already material fiscal challenges on the horizon," Moody's warns in a report.
Square-Off: What Corporate Tax Rate Is Best?
Many observers, as well as virtually all companies, favor a big cut. But how great is the potential for unintended consequences?
High CEO Pay Is Bad for Investors and Companies
At its worst, high pay may incentivize wrongdoing by executives to meet performance benchmarks, the AFL-CIO contends.
Too Much Finance Hampers Economic Growth: OECD
Over the past 50 years, credit by banks and other institutions to households and businesses has grown three times as fast as economic activity.
Income Inequality Hits ‘Tipping Point,’ OECD Says
"Inequality in OECD countries is at its highest since records began,” according to the organization's secretary-general.
Pension Reforms Worsening Income Gap
Study highlights negative effects of conversion of defined-benefit plans into defined-contribution plans.