President Obama has nominated Janet Yellen, Federal Reserve vice chair, to run the Federal Reserve, the most important central bank in the world.
If ever someone merited a tribute, Congressman John Conyers Jr., the dean of the Congressional Black Caucus and second longest serving member in the history of the House, certainly fits the bill.
Letting wealth concentrate "at the very top," President Obama said, has been both "morally wrong" and "bad economics."
"No worker should have to live off of poverty wages. People should be able to work 40 hours a week and take care of their families off of that."
LOS ANGELES (PAI)-New Labor Secretary Tom Perez virtually threw away his script at the AFL-CIO Convention here, with a stem-winder speech, pledging worker protections, promising labor and the administration would do it together and with several blasts at corporate greed thrown in for good measure.
The second-largest private sector industry in America has a big problem: its workers are paid unlivable wages, and typically cannot eat the very food they are putting on customers' tables.
WASHINGTON---Speaking to a cheering crowd at the Lincoln Memorial on the 50th anniversary of the March on Washington for Jobs and Freedom, President Barack Obama warned that Dr. Martin Luther King Jr.'s "dream" remains unrealized as long as millions of workers are unemployed and poverty is growing.
Black, brown, Asian and white marched together down Martin Luther King Blvd in Los Angeles on Aug. 24 to commemorate the 50th anniversary of the March on Washington.
While fueling a new source of profits for Wall Street, working families are not enjoying the benefits of California's Silicon Valley economic resurgence.
The corporation that caused the blackout of 2003, FirstEnergy, is about to shut two power plants in western Pennsylvania, destroying hundreds of jobs and putting the region's power grid at risk, according to the Utility Workers of America.