America’s bidding war for workers is an emerging feature of the increasingly tight labor market.
u.s. economy
Posted inBusiness
Europe, Fed moves show global shift away from cheap money
The European Central Bank and Federal Reserve are deeming it unnecessary to support the economy with policies created in darker days of financial uncertainty.
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Posted inBusiness, Nation & World
U.S. retail sales climbed in May by the most in 6 months
Consumers lead a strong economic rebound after a slow start to the year.
Posted inOp-eds, Opinion
Commentary: It’s time for investors to begin divesting from Wall Street
Money should be moved to local economic development instead.
Posted inOp-eds, Opinion
Commentary: Our nation’s entitlement can is getting too heavy to kick down the road
But no elected official can level with voters about Social Security and Medicare and still survive.
Posted inBusiness
April increase in consumer borrowing was the slowest in seven months
The category that includes auto loans and student loans rose by only $7 billion, about half of the $13.4 billion increase in March.
Posted inBusiness
Starbucks raising price of brewed coffee in most U.S. stores
The Seattle-based chain has raised the price of a regular drip coffee by 10 cents to 20 cents, putting a small brewed coffee at $1.95 to $2.15 in most locations.
Posted inOp-eds, Opinion
Commentary: As midterms loom, each party faces its own stumbling block
Democrats are hobbled by their lack of an economic message, while Republicans will have to distance themselves from the president.
Posted inBusiness
Sears to close another 72 stores but none in Maine
Executives say they’re also looking into selling the retailer’s Kenmore brand of appliances, which has been one of the bright spots in the company’s performance.
Posted inBusiness, Nation & World, Politics
U.S. renews threats of retaliation against China for unfair trade practices
Analysts say the moves could be part negotiating strategy and part appeasement aimed at congressional critics of Trump’s deal allowing Chinese telecom giant ZTE Corp. to stay in business.