Legacy Topic: Economy

We’re still learning how the tax law is playing out and what it all means.

Multiple cities in California, New York and Washington will have a minimum wage at or above $15 an hour in 2019. The minimum wage hikes include legally mandated annual adjustments to keep up with inflation, laws passed by state legislators and voter-approved ballot initiatives. Congress hasn’t increased the federal minimum wage of $7.25 an hour […]

About 420,000 U.S. employees have been classified as essential and are working without pay.

“The longer it lasts, the harder it’s going to be on myself and many, many others,” one contractor told us.

2018 was a busy year for U.S. trade policy and the 2019 outlook looks just as hectic.

Amazon’s third annual Digital Day officially launches on Friday — though some discounts have already been spotted on the website. The company is offering deep discounts on content — digital books movies and games — the sort of thing you can use on its Kindle, Fire TV and Echo devices. The race to get you to buy proprietary […]

We’re now five days into the partial government shutdown. While the Senate is expected to reconvene Thursday and resume negotiations over how to end the shutdown, odds are that it’ll continue into January. The impasse is already cutting into the supply of something that is essential to just about every market out there: federal economic data. […]

New home sales have been slipping most of the year for a variety of reasons

Why the Fed is important for the economy and your personal budget.