In his only sitdown interview while preparing for the first GOP primary debate on Thursday, former Texas Gov. Rick Perry discussed exclusively with Breitbart News his plan to get Americans back to work amid a crisis with the lowest workforce participation rate since 1979.
Whole Foods has come under fire for selling $6 “asparagus water”–water with three green stalks of asparagus in it. Whole Foods reportedly sells a bundle of asparagus for $5.
Puerto Rico officially defaulted on part of its $73 billion in debt on Monday afternoon, when the U.S. territory only paid $628,000 toward a $58 million debt due by 5 p.m.
Britain took a 1.1 billion pound loss on its first sale of shares in Royal Bank of Scotland (RBS) (RBS.L) on Tuesday, sparking accusations from opposition politicians of an unnecessarily rushed and costly disposal. The UK government sold a 5.4
South Carolina Senator and Republican presidential candidate Lindsey Graham declared that “China cheats” on trade and “we don’t do a damn thing about” its currency manipulation at the Voters First Presidential Forum in New Hampshire on Monday. Graham was asked,
SAN JUAN, Puerto Rico, Aug. 3 (UPI) — Puerto Rico paid only $628,000 on a $58 million debt bill due Monday, putting the country into default for the first time.
Mexico’s disparate wage and wealth distribution levels are the worst of any economically developed nation. So says a report from the Organization of Economic Cooperation and Development (OECD).
Uber is now valued at almost $51 billion, a valuation that puts the “on-demand mobile service” (ODMS) leader at the level of Facebook in 2011. The company’s fund-raising success has spurred a vast number of “Uber for X” start-ups that are building corporate empires with legions of outsourced contract workers. But the “gig economy” seems to be operating the same money-losing business model as the “Dot-com Bubble.”
ATHENS, Aug 3 (Reuters) – Greece’s stock market plunged nearly 23 percent on Monday when it opened after a five-week shutdown brought on by fears the country was about to be dumped from the euro zone. The main Athens stock
Two of Mr. Price’s most valued employees quit, spurred in part by their view that it was unfair to double the pay of some new hires while the longest-serving staff members got small or no raises.
Investment in new U.S. factory plant and equipment just hit the highest level since 1958. After 100 years of economic dominance due to cheap and abundant oil, U.S. politicians turned against domestic oil production in the 1970s and the Middle East oil production took off. For the next 40 years, the budget deficit and income inequality soared as high-paying manufacturing jobs went offshore. But with fracking re-establishing America as the planet’s largest energy producer, U.S. manufacturing is back.
ATHENS, Aug 2 (Reuters) – Greek traders said on Sunday they expected a torrid day of losses when the Greek stock market in Athens opens after being shuttered for five weeks as part of attempts to stop Greece‘s financial collapse. A combination of
From Der Spiegel: After the Greek bailout disaster, Paris, Berlin and Brussels want to reform the euro zone by creating an economic government and a special tax for the currency area. German Finance Minister Schäuble is in favor, but Chancellor
The Venezuelan military has invaded and seized a food distribution center in Caracas used by national food and beer corporation Polar, as well as American companies Nestle and Pepsi. 12,000 tons of food, six million liters of soft drinks, and 2,000 jobs are now at risk in a nation suffering major food shortages and a collapsed economy.
in his elegant and moving new book, Plunder and Deceit, Mark Levin takes his message to the next generation.
The effort to relieve, or bail out, the U.S. commonwealth of Puerto Rico from its current economic struggles has just received a big boost from the Obama administration.
No scene of political turmoil is complete until somebody gets investigated by prosecutors. Such is the fate of former Greek finance minister Yanis Varoufakis, who has become a darling of the anti-austerity, hardcore left ever since he departed his office on the eve of the 11th-hour bailout deal.
Perry and Trump have been engaged in a rhetorical battle for weeks. At the end of Perry’s speech Wednesday at the Yale Club in New York City, he was questioned about Trump’s remarks. Grinning as he listened to the question, Perry quipped, “Let’s get a pull-up bar out there and see who can do more pull-ups,” as the audience roared with cheers.
A new study purports to show that, while Millennials are as poor as young people ever are these days, they may not be able to expect to become rich as they age as young Americans once expected.
LAMIA, Greece (Reuters) – Wild boar and power cuts were Greek cotton farmer Mimis Tsakanikas’ biggest worries until a bank shutdown last month left him stranded without cash to pay suppliers, and his customers without money to pay him. Squeezed on
Obamacare was sold to the American public as an opportunity to save $2,500 a year for a family of four. But each family member enrolled in Covered California for 2016 can look forward to paying another $384 in Northern California and $296 in Southern California.
Beijing’s efforts to engineer a strong stock rally and the recent Shanghai market collapse have had quite limited effects on western markets, but going forward the fallout from Chinese market meddling will likely be less benign.
Venezuela’s socialist government has run the OPEC nation’s economy to the group, prompting shortages of goods as varied as toilet paper, coffin materials, beer, and water. The shortage has now hit pharmacies, with most pharmacies having completely run out of most forms of contraceptives, particularly birth control pills.
The decline of the newspaper industry is continuing as analysts report that overall another 10.4 percent of newsroom jobs have been lost. Minority jobs in the industry have also fallen to a new low level.
Unions in Los Angeles are again seeking to exempt their workers from the $15 minimum wage hike for which they pushed earlier this year.
