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Showing blog posts tagged with Wall Street

Here’s What We’re Reading: Wednesday News Roundup

Here’s What We’re Reading: Wednesday News Roundup

Here are some headlines from the working family’s news we're reading today (after the jump).

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Here’s What We’re Reading: Thursday News Roundup

Here’s What We’re Reading: Thursday News Roundup

Here are some headlines from the working families' news we're reading today (after the jump).

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That 15% Increase in Wall Street Bonuses Last Year Must Mean the Economy Is All Better, Right?

If we're to believe conservatives, the free market rewards those who work hard and do the right thing and punishes those who don't. The market wouldn't, for instance, give record bonuses to Wall Street executives during a time when the economy is struggling, when jobs are scarce and when many Americans are suffering, right? So the news that Wall Street executives saw their bonuses increase by 15% in 2013 must mean that the economy is doing great. Otherwise, why would the free market reward those executives?

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What We’re Reading Today: Friday News Roundup

What We’re Reading Today: Friday News Roundup

Here are some headlines from the working families news we're reading today (after the jump). 

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Winners and Losers of the Week

Photo courtesy: National Day Laborer Organizing Network's Facebook page

In our regular weekly feature, we'll be taking a look at the winners and losers of the week in the struggle for the rights of working families. The winners will be the persons or organizations that go above and beyond to expand or protect the rights of working families, while the losers will be whoever went above and beyond to limit or deny those rights.

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What We're Reading Today: Tuesday News Roundup

Photo via Doviende/Flickr

Here are some headlines from the working families news we're reading today (after the jump).

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Nurses Lead Lobbying for 'Robin Hood Tax'

Photo courtesy of NNU

Spurred on by rousing speeches and favorable opinion polls, National Nurses United delegates led hundreds of activists into D.C. this week to lobby for a tax on financial transactions. The “Robin Hood Tax” would impose a tiny tax on each financial transaction—the buying and selling of stocks, bonds, derivatives and other financial instruments—and raise some $350 billion yearly that could be redirected to human needs.

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House Bill Would Block DOL Rule to Protect Workers’ Retirement Savings

Photo via Alliance for Retired Americans.

A bill (H.R. 2374) set for a vote in the House Tuesday would delay and could ultimately thwart the Department of Labor’s effort to protect workers’ retirement security. The DOL wants to close loopholes and update the rule that protects workers from deceptive or abusive practices whenever they seek investment advice about their retirement savings

Call Congress at 1-888-912-5898, ask for your representative’s office, and urge him or her to protect workers’ retirement security and oppose H.R. 2374.

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Trumka Says Wall St. Has Not Been Asked to Contribute a Dime in the Name of 'Shared Sacrifice,' Revenue Neutral Tax Reform Is 'Offensive'

Photo by Kevin Dooley/Flickr

AFL-CIO President Richard Trumka called on corporate America today to pay its fair share, saying, "At a time when the 1% have demanded so much sacrifice from working people in the name of deficit reduction, we must ask something of big corporations. That means “revenue positive” corporate tax reform that raises significant amounts of new tax revenue."

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SEC Opens the Door to Hedge Fund Advertising, Repeals Investor Protections Dating Back to the Great Depression

Despite the objections of investor advocates, the Securities and Exchange Commission (SEC) finalized a rule that will lift a decades-old ban on advertising by hedge funds. The original prohibition on such advertising dated back to Great Depression and protected people from investment scams.

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