Economy

Chicago’s outgoing Democrat mayor, Rahm Emanuel, says the way to defuse the Windy City’s pension bomb is to legalize and tax marijuana and build a city-owned casino.

Tesla continues to lose executives at a rapid pace with the company’s head of digital product, Parag Vaish, leaving to join a startup at Google’s incubator.

European Commissioner for Economic Affairs Pierre Moscovici has defended the French government going over the EU three per cent deficit to GDP limit after attacking the Italian budget for approaching the same limit.

GOP politicians are working with Irish politicians and advocacy groups to pass a bill that would transfer thousands of white collar jobs from U.S. graduates to Irish graduates.

Foreign workers saw nearly five times as much job growth as native-born American workers did last month, Bureau of Labor Statistics data reveals. 

The suicide of Chinese-American physics professor Shoucheng Zhang, who dabbled in technology investment outside of his position at Stanford, has raised concerns this week after an anti-Chinese regime publication revealed his ties to the Chinese tech giant Huawei.

Sen. Chuck Schumer threatened Thursday to keep a government shutdown running into 2019 unless President Donald Trump gives up on his December push for a border wall. 

Some of President Trump’s wealthiest supporters have big casino operations in China.

A recently leaked internal document reveals how Google has created a deep divide between the treatment of its full-time employees and the temps, vendors, and contractors that make up almost 50 percent of the tech giant’s workforce.

Tech giant Apple has announced plans to build a new campus costing $1 billion in Austin, Texas, as part of its ongoing U.S. expansion. The facility will eventually employ 15,000 workers ranging from engineers to customer support representatives.

Economists are not very worried about a recession next year. But 50 percent think the next recession will start in 2020.

Temple University announced this week that it will not punish Professor Marc Lamont Hill for his recent incendiary comments on Israel.

Most economic data shows Americans are doing great. But surveys reveal that pessimism and recession fear is on the rise.

The Boy Scouts of America are considering filing for bankruptcy, according to a report released Wednesday. 

Weekly claims can be volatile but this suggests that the spike in claims around Thanksgiving was a statistical illusion.

Republicans must deliver higher wages to Americans, a Never Trump leader admitted Tuesday in Washington, D.C.

Businesses in 2018 aimed to outsource nearly 420,000 American jobs to foreign workers, outpacing the population of Tampa, Florida. 

California State Sen. Scott Wiener (D-San Francisco) has introduced a bill that would guarantee a “right to shelter” and provide housing for every homeless person in the state.

CFOs suddenly have a very dire outlook for the U.S. economy over the next two years.

E-commerce giant Amazon has reportedly fired a number of employees accused of providing independent sellers with inside company information.

They keep saying tariffs are taxes on American consumers and forcing prices higher. And every month inflation data shows that is not true.

Elon Musk’s Tesla is reportedly seeking $167 million in damages from former employee and whistleblower Martin Tripp, which it accused of attempting to sabotage the company. 

No signs of inflation for November. And no signs that tariffs are raising prices either.

Delta Airlines announced Monday it would ban puppies from serving as service or emotional support animals on its flights.

The Senate passed the updated 2018 Farm Bill on Tuesday, which legalized hemp and did away with implementing work requirements to receive food stamps through the Supplemental Nutrition Assistance Program (SNAP).

A Canadian judge ruled on the Huawei executive’s request to be released on bail.

The Huawei executive was arrested in Canada on Dec. 1 at the behest of U.S. officials.