Three winners of the Nobel Prize for economics were among 500 signers of a new letter against increasing the minimum wage. Seven Nobelists earlier signed a letter in support.
This rare harmony holds the potential to reshape the debate on bridging the growing opportunity gap. Just don't count on Obama's proposal to pass without changes.
The market rallied early thanks to a better-than-expected jobs report, but the gains quickly faded over the situation in Ukraine. The major indexes ended Friday mixed.
When Washington's residents voted in 1998 to raise its minimum wage and link it to the cost of living, opponents warned the measure would be a job-killer. They were wrong.
After the Russian troops massed along the Ukraine border were ordered back to their barracks by President Putin, the market regained all of Monday's losses, and then some.
Women in the workforce are penalized by strict work schedules and greater hourly pay for those who work longer days. The cure? Flexibility.
President Obama will propose an expansion of popular tax credits Tuesday in a fiscal 2015 budget designed to serve as a blueprint for Democrats in this year's elections.
In his annual letter, Berkshire Hathaway CEO Warren Buffett anticipates more deals in energy, cites a long-term commitment to HJ Heinz and is bullish on the U.S. economy.
A lawsuit recently filed by Dick's Sporting Goods accuses the CEO of Modell's Sporting Goods of posing as a Dick's vice president to gain access to the company's secrets.
Berkshire Hathaway reports quarterly earnings rose 10 percent to nearly $5 billion as its insurance, rail and energy businesses generated major gains in the improving economy.
Berkshire Hathaway will likely post a record annual profit, showing how Warren Buffett’s decades of acquisitions have positioned it to benefit from a rebounding U.S....
America's minimum wage has been around longer and done more good than you may know. Here's a look as the nation considers Obama's plan to go to $10.10 an hour from $7.25.
A survey from the Consumer Federation of America finds only one-third of us feel we're making significant progress towards meeting our savings goals.
Facebook CEO Mark Zuckerberg will take a victory lap at a mobile technology conference in Spain after beating out Google to acquire WhatsApp.
Dirty jobs and understanding our work ethic go hand in hand. Which is why Mike Rowe has come up with 12 steps that solve America's work and money problems.
A lot of investors like to follow the lead of the world's best-known investors, and here's a look at what some of Wall Street's most successful investors are doing now.
Among the broader bull market of 2013, one sector enjoyed a boom so huge it increased investors' holdings by $2.2 trillion: real estate.
House Speaker John Boehner let Congress vote on a measure to extend the nation's borrowing authority without any spending conditions -- an unequivocal victory for Obama.
House Speaker John Boehner says the House of Representatives will vote this week to increase in the government's borrowing cap without any add-ons demanded by Republicans.
Many analysts were curious to see how Mary Barra would handle delivering bad news on her first earnings call as GM's CEO -- and they got a vintage dose of Barra being Barra.
Without the benefit of a company 401(k) plan, saving for the future falls entirely on self-employed workers' own shoulders.
Tuesday's hiring of Satya Nadella as Microsoft's CEO is a safe move that's likely to be greeted with sighs of relief around the company's headquarters, industry analysts say.
The budget deficit is set to fall to $514 billion this year, down substantially from last year and the lowest level by far since President Obama took office five years ago.