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Money & Ethics
From greenwashing to fair trade to credit card practices, the Money & Ethics Channel explores some of our most complex questions around ethics and economics.
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If a Robot Takes a Job From a Human, Should It Pay Taxes, Too?
Bill Gates thinks it should. Payroll taxes from workers fund Social Security, Medicare and defense among other federal programs. But other experts firmly disagree.
How the Gender Pay Gap Works
The gender pay gap is usually expressed something like this: Women make 80 cents for every dollar a man makes. Where did this figure come from and is it still true?
Pink Tax: 5 Things Women Are Forced to Pay More for Than Men
Razors. Shampoo. Even dry cleaning. Women pay more for these things every day. Simply because, well, they're women.
Know Before You Amazon Go That Your Privacy Will Be Low
Forget about being anonymous when you shop. In the new Amazon Go store, every single thing you buy is linked directly to you.
Could a Corporation Have Its Own Entire City?
Amazon does everything else, so why not own a city, too? If all goes according to plan, Amazon The City may be coming to a municipality near you.
If Your Boss Overpays You, Do You Have to Give the Money Back?
The California National Guard bonus scandal had us wondering if civilians would have to repay an overage in their paychecks.
Today Is Equal Pay Day for Black Women in the U.S.
On average, black women in the U.S. workforce earned $0.37 less for every dollar a man in the U.S. workforce earned in 2014. That's a pretty big wage gap.
'Don't Ask': Can One Question Close the Wage Gap?
Massachusetts just passed a law barring companies from asking prospective employees for salary history. Will that level the playing field for women and minorities?
10 Black Friday Horror Stories
We're not sure why Americans lose their minds at the thought of picking up flashy electronics at big discounts on the day after Thanksgiving. But it happens. Discover 10 horrifying true-life tales that happened on Black Friday.
Is there a dark side to 'doorbuster deals'?
In the grand tradition of retail, all is not always as it seems, and the doorbuster is no exception. Before you camp out for Black Friday, brush up on your retail parlance, and discover the shady side of deals "too good to be true."
Are taxes socialist?
The relationship between taxes and social welfare programs drives the argument that taxes are essentially socialist, but is that really the case? What does it mean to be socialist -- and how does that definition change once one leaves the U.S.?
How Occupy Wall Street Works
Initially dismissed as an isolated, disjointed protest organized by leftist radicals, the Occupy Wall Street movement has gained traction all across the world. Who are these protestors, really, and what do they stand for?
Is it true that only 53 percent of Americans pay income tax?
According to conservative opponents to the Occupy Wall Street movement, only 53 percent of Americans pay income tax. Is this true -- and does it matter?
How Microlending Works
Capitalism revolves around the entrepreneurial spirit: Anyone willing to work hard enough to succeed will do so. However, that's easier said than done, especially in the developing world. That's where microlending comes in.
How Narco States Work
How do illegal drugs reach consumers without detection? There are points -- known as narco states -- along the world's drug supply chain where illegal substances are bought and sold with governmental approval.
Is Black Friday the Biggest Shopping Day of the Year?
Waiting in endless checkout lines can make Scrooges out of the cheeriest holiday shoppers. Many of us brave the mall mayhem to be part of the Black Friday rush. But to retailers' chagrin, most of us are browsing and not buying on this storied day.
Corporation Pictures
Our corporation image gallery traces the evolution of our economy from manufacturing to modern global competitors. Take a look at the issues and ethical practices surrounding the modern corporation.
What are credit default swaps?
In the credit default swaps (CDS) market, the health of multinational banks and corporations -- and the portfolios of untold individuals -- are at stake. What's more, the market is entirely unregulated. So how much damage can CDSs really cause?
How can mortgage-backed securities bring down the U.S. economy?
If you've picked up a newspaper lately, then you're aware of the economic troubles raging on Wall Street. But the culprit may very well be in your own neighborhood: Are mortgage-backed securities to blame for the mess?
Does your credit card company want you to stay in debt?
You just got your tax refund, and you want to do the right thing and eliminate debt. But why doesn't your credit card company want you to pay down your balance?
How Predatory Lending Works
In 2007 and 2008, foreclosures became a hot news topic. But is the crisis the fault of the home buyer, or is the lender to blame?
What is glocalization?
Ever wonder why your favorite restaurant from back home offers a completely different menu abroad? This is called glocalization -- global organizations adapting expansive products to fit local markets.
How Fair Trade Works
It's pretty trendy to buy and eat organic and sustainable foods, and chances are the swanky coffee shop you frequent proffers some fair trade beans. But what does the label "fair trade" mean?
Why do corporations have the same rights as you?
The framers of the U.S. Constitution didn't add any clauses that limited the rights of corporations. But did a Supreme Court reporter set a radical precedent for businesses?
What if I didn't file and pay my income taxes?
The American tax system is a huge machine with a tax code that seems more complex than rocket science. Many of us have come to dread April 15th: Tax Day. So what if you just didn't file them?
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