| Aug 26, 2014 | Economy / BusinessThis Labor Day, you can mull some good news about American jobs for a change. Take the federal minimum wage of $7.25 an hour — please! That poverty pay is a shameful stain on our extremely rich nation. But don’t count on Washington, D.C. to lift our wage floor....
| Aug 13, 2014 | Economy / BusinessPanama! Panama-ah-ah-ah! The lyrics from the eponymous Van Halen song could just as easily be the nation’s port policy — if the country had one. Panama is nearing completion of retrofitting the Panama Canal to accommodate much larger ships. The prospect of these...
| Aug 6, 2014 | Economy / BusinessWal-Mart loves keeping track of data. For instance, the retail giant’s researchers know that before and after major storms, customers buy strawberry Pop-Tarts at a rate that’s seven times faster than normal. How does Wal-Mart use this data? To stock its...
| | Economy / BusinessFor the first time since 1997, the U.S. economy just added at least 200,000 jobs per month for six months running. GDP grew at a 4 percent annual clip between April and June. The percentage of Americans who describe the economy as “good” has climbed to the...
| Jul 30, 2014 | Economy / BusinessReal wages have stagnated for decades. Homeownership rates are down. College debt is weighing down young people entering the workforce. Millions of low-wage workers eke by on a minimum wage of $7.25 an hour. As the American Dream slips away for millions of people in...
| | Economy / BusinessMust formerly rich people shed all their status symbols? It’s a widely held presumption, Darlena Cunha explained. “I had so internalized the message of what poor people should or should not have that I felt ashamed to be there, with that car,” she...
