China Op-ed Says It Will Not Succumb to US Pressure
The Chinese sent a message to the world about trade talks with the United States via an op-ed piece in the People's Daily, a government-controlled medium.
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Douglas A. McIntyre
China Starts to Export Used Cars
China's government says that there is a surplus of second-hand cars in the country. Its solution is to allow the export of some of these.
These 2 States Have the Lowest Minimum Wage in America
While many states have lifted their minimum wage in the past year, two states have minimums well below the national average.
This Small Swiss Company Is Taking Starbucks to Court
Starbucks recalled a coffee maker, and the maker of the maker has sued. Starbucks called the suit "baseless" but a court will decide the matter.
Victoria’s Secret Fashion Show May Never Be on TV Again
The Victoria's Secret Fashion Show, a parade of lingerie and famous models first televised in 1995, may never be on TV again.
Why Many American Companies Can’t Be Hurt by Trump’s Trade War With China
Several of America's largest public corporations will not be hurt by a ramped up trade war with China. Here are among the six largest.
Battered Ford Offers Something Almost No Other Company Does — a 5.8% Yield
Despite trouble with Ford sales in the United States and the world's largest car market, China, the company continues to pay one of the richest dividends of all American companies.
Uber Drivers Make Pennies as Investors Are About to Make Millions
Some of Uber's founders and investors will make hundreds of millions of dollars as the company goes public. Some of its drivers will strike to protest their low pay.
One Benefit of Record Flooding, Drought Levels in US Hit Historic Low
Four years after some parts of the United States were hit by the worst drought levels in over 1,000 years, America is almost entirely drought-free, with levels at a two-decade low. The new data…
China Trade War’s Rapid Route to Recession
President Trump's current stance of tariffs and trade could badly cripple the two largest economies in the world and throw a relatively strong and stable global economy into recession.
A Major Newspaper Fires Its Entire Staff
The Times-Picayune, the primary newspaper in New Orleans, has been sold to its major rival. The deal will result in the layoff of every member of the Times-Picayune staff.
Trump Goes to Twitter to Threaten Billions More in China Tariffs
Negotiators working on the trade deal between the U.S. and China may have through they had Sunday off. A series of tweets ending that. President Donald Trump has become unsettled by the pace of…
Black Unemployment 86% Higher Than US Average
The Bureau of Labor Statistics “Employment Situation” data for April appeared to contain nothing but good news. Unemployment dropped to the lowest level since December 1969, as it fell to 3.6%. Jobs added in…
Virtually Everyone In The Midwest City Has A Job, With Only 892 People Out Of Work
The U.S. unemployment level is at its lowest since December 1969. In April, the rate fell to 3.6% as the economy added another 263,000. The jobs situation is better in a number of America…
Who Knew Berkshire Hathaway Is America’s 3rd Largest Company?
Today is the date of America's most anticipated corporate annual meeting, that of Berkshire Hathaway. Famed investor Warren Buffett will host the event.
A Ticket to the Kentucky Derby May Cost More Than a World Series Ticket
For just the two-minute run of the Kentucky Derby, the ticket prices are particularly expensive. The most expensive tickets available the day before the race are more than $2,500.
The Derby Winner Makes More Than Super Bowl Champs, but May Still Be Seen as Underpaid
The horse that wins the Kentucky Derby makes its owner much more than winners of the Super Bowl or World Series make.
The Car You’re Buying Says a Lot About Your Credit Score
The credit rating range among buyers of car brands varies widely. Luxury car buyers tend to have the best ratings. Buyers of one of America's best-selling brands have the worst.
These Are the Countries That Own the World’s Gold
The World Gold Council reports that central banks are buying gold at levels not surpassed since 2013, and they bought more than 140 tons of the precious metal in the first quarter.
Job Cuts Surge More Than 30% in 2019, but It’s Not All Bad News
American-based companies have announced job cuts of more than 230,000 through the first four months of 2019, up over 30% year over year. However, the cuts slowed in April.