The rich got richer, the poor got poorer during the recession and recovery.
Owen Zidar sends us back to the Wall Street Journal of twenty years ago, reminding us why Berkeley Economics has punched so much above the fundamental weight of the relative resources allowed us by the university over the past generation,...Show More Summary
New York's famous horse-drawn carriages could be replaced by vintage electric cars as concerns grow about the welfare of the horses. If animal rights advocates get their way, horse-drawn carriages could be replaced by as many as 68 cars. WCBS-TV's Dave Carlin reports.
Are American workers finally starting to see some decent wage increases? A report Thursday offers hope, showing incomes picked up at a healthy pace in the first three months of the year.
From sleek sports cars to redesigned SUVs, automakers are giving Americans a first look at their newest models
Extolling the virtues of self-sacrificing mothers turns into popular advertising gimmick
Decision comes as higher costs for beef, avocados and cheese have pressured profit margins for the chain
Emergency motion would have forced GM to tell owners of recalled cars to stop driving the vehicles until the ignition switches are repaired
Initial public offering values Chinese social media company at nearly $4 billion
A new paper from the Bank of England itself now argues the bank's asset-purchase program had more pop than previously thought
The Huffington Post really deserves to be called on the carpet for this piece. It implies there is a debate going on between Paul Krugman and Joe Scarborough over whether the Obama administration is tampering with Census data to make the Affordable Care Act look good. There is no debate because Scarborough has no clue what he is taking about. Show More Summary
Total cost of the breach could easily reach into the billions of dollars
Details are scant but Bloomberg reports Treasuries Fall Most in a Month as Ukraine Talks End in Accord Treasuries fell, pushing 10-year note yields up the most in a month, as talks on the crisis in Ukraine ended with an accord aimedShow More Summary
There's a new app, called Cups, that lets you pay $45 a month for unlimited coffee from dozens of independent coffee shops. Right now the app is only available in New York and there is one limitation: Users have to wait 30 minutes before ordering another coffee. Jill Wagner has that story and more MoneyWatch headlines.
From HotelNewsNow.com: US hotels report strong weekly RevPAR The U.S. hotel industry posted positive results in the three key performance measurements during the week of 6-12 April 2014, according to data from STR.In year-over-year measurements, the industry’s revenue per available room jumped 12.8% to $80.09. Show More Summary
U.S. markets will be closed tomorrow for Good Friday
In his strongest message yet to Ukraine, the EU, and US, Putin says Russia ready to act in UkraineRussian President Vladimir Putin has warned of his readiness to deploy troops in eastern Ukraine if diplomatic efforts fail to resolveShow More Summary
Former COO Henrique de Castro’s golden parachute may be one of the richest payouts for subpar performance ever