Wages

Consumer sentiment has been strong.

Consumer sentiment has been strong.

Management fees race to the bottom as investors embrace passive index funds.

The lives of many educated, skilled people have essentially been put on hold by a pile of changes to immigration policies.

Starting next month, Amazon will pay its more than 350,000 U.S. workers $15 an hour. The company is now worth more than a trillion dollars. So what obligations do corporations have when they get this big?  Click the audio player above to hear the full story. 

We keep hearing about an affordability crisis in housing. Home prices and rents are going up, while wages aren’t keeping pace. Add to that the shortage of homes for sale because builders aren’t building enough and current homeowners aren’t putting their homes on the market. Sen. Elizabeth Warren (D-Mass.) recently introduced legislation to address the […]

Amazon announces that all its employees should earn a living wage, but many still struggle at $15 an hour.

The unemployment rate continues to hover around historic lows — 3.9 percent as of last month. The tight labor market has been good news for groups that often have a harder time finding jobs, like people 55 and older. Unemployment for them is even lower at 3.1 percent. The number of older Americans in the […]

This week, central bankers, finance ministers and economists from the around the world flew to the mountain resort of Jackson Hole, Wyoming. They’re there for an annual economic symposium hosted by the Federal Reserve Bank of Kansas City. One focus of this year’s event is on so-called “superstar” firms like Amazon, which is a half-million […]