Actor James Franco penned an essay that was published in the Washington Post Thursday, in defense of low wage fast-food jobs, and it has a lot of people talking.
Friday on WKBK Radio’s “Good Morning with Dan Mitchell,” Gov. Rick Perry (R-TX) said the key to economic numbers released today is the participation rate of America workers which reveals a “sick” economy which is causing people to “give up hope.”
Republican presidential candidate Ben Carson advocated for a higher minimum wage in an interview with CNBC Chief Washington Correspondent John Harwood on his “Speakeasy” series. Carson, in response to a question about his lack of political experience, said, “We have
On Friday’s “Squawk Box” on CNBC, Chicago Board of Trade floor reporter Rick Santelli downplayed the significance of Friday’s report from the Labor Department declaring the U.S. economy added 223,000 jobs in April, which pushed the unemployment rate to 5.4
As the average college debt soars past $30,000, a new report from Georgetown University details just how much money students give up by choosing sociology over calculus.
The economy added 223,000 jobs in April—well below the 260,000 averaged during 2014—pitching cold water on forecasts of stronger economic growth this spring and complicating Fed plans to raise interest rates.
In February, Google unveiled an expansion of its Silicon Valley campus that many dubbed the new Star Wars Fleet Command Headquarters. The worldwide acclaim for its eco-friendly biosphere design, which features translucent canopies and walkways around natural salt water lagoons, has been intense. But this week, the City of Mountain View decided, in order to maximize property tax revenue, to give the property to Linkedin to build 1970s-style conventional stack-and-pack office towers that maximize occupancy.
Another round of coordinated, nationwide quick-service restaurant protests occurred recently, with some low paid employees joining union-affiliated activists to argue for a $15 minimum wage and labor union representation.
Friday, the Labor Department is expected to report the economy added 220,000 jobs in April and push the Federal Reserve toward raising interest rates.
Breitbart News reported in January that farmland prices were estimated to have fallen 3 percent, for their first fall since 1986. But the Chicago Federal Reserve just upped the decline to 8.9 percent, and “Grant’s Interest Rate Observer” warns that farmland
A team of cognitive psychologists have discovered a clever way to improve performance on challenging tasks: give people their maximum reward up front and deduct from it with each mistake. That is, when we presume people will live up to our best expectations, punishment ends up being a better strategy than reward.
A new, unauthorized, supposedly “tell-all” biography just released by Bloomberg’s Ashlee Vance claims that serial entrepreneur and Tesla (TSLA-NASDAQ) CEO Elon Musk hid from investors and customers that the electric car company was down to two weeks of cash in early 2013 and had to beg for Google to consider buying the company.
Home prices in Washington, D.C. have skyrocketed so high that lower and middle income families are being priced out of the area, a new report finds.
The prices of California’s water and sewer bonds are beginning to take a nose-dive after Governor Jerry Brown issued the first-ever mandatory statewide cut-backs to water use.
Perhaps you missed the Vatican-sponsored international symposium on climate change held in Rome on April 28. It was a busy news day. The horrific earthquake killed thousands in Nepal and riots broke out in Baltimore.
JERUSALEM, Israel — The future of tech investing is housed–barely–in a stone spice warehouse on the Hebron Road in Jerusalem. There are, I am told, bullet holes in the walls, from the days when the building faced the boundary with Jordan. On the day I visit, it sounds like a war zone–a battle of drills and hammers, fire alarms and telephones, as the company expands into neighboring space. Only two years old, OurCrowd is revolutionizing startup funding–and growing rapidly.
Tuesday, the Commerce Department is expected to report the March deficit on international trade in goods and services was $42 billion, up from $37.8 billion in February.
The tables have turned on high-paid tech workers in Silicon Valley, where housing prices have gone so far up that it is no longer just the average worker that can’t afford to live there. The very same six-figure-income techies who
A report from the Urban Institute has some disturbing implications for the future of the United States, asserting that birth rates among women 20 to 29 years old between 2007 and 2012 reached historic lows.
Sen. Jeff Sessions (R-AL) is sounding the alarm to his colleagues Senate-wide, warning them and the American public with a “critical alert” published Sunday evening that voting for the Trade Promotion Authority (TPA) deal that would set up the Trans-Pacific Partnership (TPP) trade deal with Asian countries is fraught with problems and concerns.
Amid the recent rioting in Baltimore, apologists for the looters have attempted to justify the rampaging for it supposedly being economic in nature. To believe the defenders of the indefensible, those bent on the destruction of an already sagging city are ripping it apart due to a lack of opportunity. Perpetually stuck in poverty, the rioters are allegedly expressing their frustration about conditions they cannot escape.
Sunday on CBS’s “Face the Nation,” PBS host Tavis Smiley said “uprisings and riots” are the “new normal” and “will happen a lot more” unless America addresses poverty in the inner city which he said is becoming a national security
War in Syria turns more and more against al-Assad; Economy falters, surprising economists, while stock market bubble explodes; Financial firm analyst told to shut up about over-valued assets
Saudi Arabia is still rich, but they are burning through their foreign reserve cash at a record pace due to lower oil prices and an unwillingness to cut the domestic spending that ensures the survival of the royal family. With the nation hemorrhaging cash, Saudi Arabia’s total foreign reserves fell by 5 percent, or $36 billion in just the last two months.
Senator Johnny Isakson (R-GA) urged the passage of trade promotion authority, and promised “trade promotion authority does not give any president any new authority to expand immigration or change other laws without the approval of the Congress of the United
