Money & The Economy

Cutting Staff, Spiking Prices: NYC Restaurants Struggle Under $15 Minimum Wage

New York City’s $15 minimum wage, which began to take effect Dec. 31, 2018, was meant to bolster earnings and…

7 years ago

It’ll Cost One Investment Firm Roughly $1.4 Billion To Own 1/6 Of US Newspapers

New Investment Media Group agreed to spend more than $1 billion Monday on a deal that would unite two of…

7 years ago

Federal Reserve Cuts Benchmark Interest Rate For The First Time In A Decade

The Federal Reserve cut its benchmark interest rate Wednesday for the first time since 2008, and the president had strong…

7 years ago

Hacker Steals Data Of Over 100 Million Capital One Credit Card Users And Applicants

A software engineer is in custody for the suspected hacking of the data of at least 100 million Capital One…

7 years ago

14 Professions That Are in Decline

The new economy has caused a steady decline in the number of job openings in many of the traditional occupations…

7 years ago

Nissan To Cut 12,500 Jobs Due to Declining Profits

Nissan Motor Company announced plans Thursday to cut 12,500 jobs, about 9% of its workforce, amid dramatically declining profits. The…

7 years ago

Report: Home Prices up 3.4% in June as Supply Flattens

U.S. home-sale prices rose for the third consecutive month in June, growing 3.4 percent year over year to a median…

7 years ago

Watch: Why Can’t America Fill a Pothole?

Why can’t America build or repair infrastructure on a par with countries in Europe or Asia? Why are our bridges,…

7 years ago

Trump Effect: More Than 50 Companies — Including Apple — Rush To Pull Production Out Of China

More than 50 global companies including Apple, Nintendo and Dell are rushing to pull production out of China amid the…

7 years ago

Why Is AARP Sponsoring A Forum Letting Medicare For All Candidates Promote Ideas Harmful To It And Its Partners?

Every major Democratic presidential candidate is scheduled to make an appearance at AARP-sponsored health care forums in Iowa this week,…

7 years ago