Barbara Kiviat

Why do people care so much about the minimum wage?

October 20, 2010

Over at my old Time.com stomping grounds, Adam Cohen has written a fascinating article about the movement to have the federal minimum wage declared unconstitutional. This goes hand-in-hand with the emergence of the minimum wage as a campaign issue in the midterm elections. My question: Why do people care so much?

Congress forces Bank of America to offer better service

October 19, 2010

Remember back when the big banks were telling us that re-regulating consumer finance with legislation such as the CARD Act and Dodd-Frank bill would severely disrupt the banks’ business models, and lead to horrible outcomes for ordinary Joes? Well, in Bank of America’s event-packed earnings call this morning, executives laid out how, exactly, the company’s consumer finance business has been forced to change in response to the new regulatory environment. From the press release:

Is culture to blame for poverty?

October 18, 2010

Hello, Reuters readers. Thank you, Felix, for inviting me and Justin to guest blog while you’re away. I promise to make the most of my newfound form of procrastination.

Welcome

By Thomson Reuters Helpdesk
October 18, 2010

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