Worldwide, May Day Honors Workers; Here, It Salutes 'Loyalty'
Today is May Day, a major international celebration of workers' rights and labor solidarity. But in the U.S., where it all began, it has a different name: Law Day.
Today is May Day, a major international celebration of workers' rights and labor solidarity. But in the U.S., where it all began, it has a different name: Law Day.
President Obama is expected to call for comprehensive trade and investment talks with the EU in his State of the Union speech tonight. An agreement that phases out tariffs, harmonizes product standards and reduces barriers to trade would have huge implications, far beyond economics.
A German newspaper reports the country's central bank will repatriate parts of its massive gold reserves worth about $200 billion at current market rates from storage sites in the United States and in France.
Toyota has dethroned General Motors as the world's top-selling automaker. Though both companies' sales increased in 2012, Toyota bounced back from a manufacturing slowdown caused by Japan's 2011 earthquake to sell 9.7 million cars and trucks, while GM's sales rose just 2.9% to 9.29 million.
Last week's fiscal cliff deal did much to resolve the dark specter of economic uncertainty in America. However, it was only the first of three fiscal crises set to hit before March. Next on deck, another sequestration battle; and then the biggie: "Debt Ceiling 2: The Tea Party Strikes Back."
The fiscal cliff compromise on taxes leaves critical issues of borrowing, spending and budget cutting unaddressed, and lawmakers have given themselves only two months to settle their differences. Here's a look at what's been resolved and what they left hanging.
This would be the year when the global economy finally regained its vigor. At least that's what many had hoped. It didn't happen. So what were the top ten business stories of 2012?
Financial services companies have a habit of publishing "special reports on women and investing," and their conclusions tend to describe women in less-than-flattering terms. But a new TD Ameritrade study once again shows why such stereotypes totally miss the mark.
The International Energy Agency claims in its World Energy Outlook that it is now possible for the United States to become energy independent by 2020. But it's also warning that any such energy independence would be short lived -- a message that has been lost on most analysts.
Initial claims for state unemployment benefits dropped 8,000 to a seasonally adjusted 355,000, the Labor Department said on Thursday. The report is a sign the labor market's slow recovery is gaining traction, although Hurricane Sandy's impact on the Northeast may have distorted the data.
Barack Obama has been re-elected as the president of the United States. A nail-bitingly close election, with the economy consistently being named as the top issue, has been decided. Here are a few things to keep in mind for the days to come.
Median household income in the United States has declined for the second straight year, according to data released by the U.S. Census Bureau last month. But there are many cities that are doing well. These are America's richest cities.
Last month, the SEC released a report on financial literacy in the United States. Sadly, it found that "American investors lack essential knowledge of the most rudimentary financial concepts." Here are some of the alarming things that the study discovered.
We're a nation that loves to drive, but in recent years, the soaring price of gas and the stuttering economy have kept our cars in our driveways more often. However, according to the Chase Freedom Lifestyle Index, our spending on road trips seems to be rising again.
Starbucks plans to switch its processing of debit and credit card payments to mobile payments start-up Square, the two companies said Tuesday, in a deal will help establish two-year-old Square as a bona fide player in the industry.














