A third of our workforce would benefit from a base-pay hike – and so would the businesses where these workers would spend money.
u.s. economy
Posted inBusiness
More than half of traditional retailers say they’re fighting for survival
A new survey reveals some sobering results about what retailers see ahead.
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Posted inBusiness
Bankruptcy ruling keeps Sears alive
Even with this latest reprieve, Sears’ long-term survival remains an open question.
Posted inBusiness, Life & Culture, Nation & World, News
Holiday season struck an unexpected blow to major U.S. retailers
Companies including Macy’s, Nordstrom and Signet all said they struggled badly.
Posted inBusiness, Local & State
Maine home sales and prices hit record highs in ‘total frenzy’ of 2018
More homes changed hands, and at a higher median price, than in any year since Realtors began tracking the data 20 years ago.
Posted inBusiness, Life & Culture, Nation & World, News
Sears lives to fight another day, with chairman’s rescue plan clearing key hurdle
A panel approves Eddie Lampert’s $5 billion plan for the struggling retailer, but a judge must still sign off.
Posted inBusiness
Tax system reforms rattle China’s super-rich
The changes mean more government revenue will come from the wealthy as the masses pay lower levies in 2019.
Posted inBusiness
Stocks continue volatile swing in year’s first day of trading
The Dow loses 398 points in the first few minutes after shaky economic news from China, then rebounds and closes slightly higher, a trend that some analysts expect to continue.
Posted inBusiness, Nation & World
Stocks dive again, heading for worst December since Great Depression
Investors are growing worried that global economic growth is cooling and that the U.S. could slip into a recession in the next few years.
Posted inBusiness
Regulation rollback: Oil train catastrophe in the making?
The Trump administration miscalculates the potential benefits of putting better brakes on trains that haul explosive fuels.