Minimum Wage News
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About 70 percent of Americans have heard of the building collapse in Bangladesh that killed more than 1,000 people, and for some it means they’ll probably buy fewer goods made in the country.
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The Bundesbank said Germany’s economic recovery will gather pace in the current quarter after an exceptionally long winter damped growth at the beginning of the year.
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Thailand’s government lowered its full-year growth forecast after the economy expanded less than analysts estimated last quarter, boosting the case for the central bank to cut interest rates.
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President Barack Obama, attempting to regain his political footing at the end of a week confronting scandals and criticism, turned his attention to jobs and education.
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A Senate panel approved the nomination of Thomas Perez to be labor secretary, advancing President Barack Obama’s pick to succeed Hilda Solis as the nation’s top labor-law enforcer to the full U.S. Senate where Republican opposition is building.
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Malaysia Prime Minister Najib Razak stocked his Cabinet with party stalwarts ahead of a leadership test after a poor showing by his coalition’s ethnic Chinese partners led to its narrowest election win since independence.
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February 22, 2013 - Helaine Olen has had it with self-proclaimed personal finance gurus offering glib advice. In her new book, "Pound Foolish," she describes how middle-class families are being buried by stagnant wages, and the rising costs of housing, education and health care emergencies. Meanwhile, she argues, the replacement of pensions with 401(k)s means financial firms found millions of new customers, but workers ended up worse off. The "personal finance and investment industrial complex" profit while half of Americans live paycheck to paycheck.
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Malaysia’s growth slowed to less than 5 percent for the first time in seven quarters as falling exports offset domestic consumption gains from election spending.
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After Hennes & Mauritz AB and Inditex SA, Europe’s two largest clothing retailers, committed to an agreement to improve fire and building safety in Bangladesh, pressure is mounting on U.S. retailers to sign the pact.
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The Bangladesh army ended the search for survivors at the site where a clothing-factory building collapsed three weeks ago as garment makers shut 300 plants outside the capital due to labor unrest.
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