Economy

“Cow economics” is killing India’s working class

When prime minister Narendra Modi addressed the Indian parliament for the first time in June 2014, his inaugural speech focused on integrating and protecting India’s…

Mayor Kasim Reed Raises Minimum Wage to $15 per Hour for City Workers

Mayor Kasim Reed today announced that the City of Atlanta will raise its minimum wage to $15 per hour over the next two fiscal years

Coast to Coast Equipment breaks ground in Cuyahoga Valley Industrial Center

Coast to Coast Equipment will be the first company moving into the Cuyahoga Valley Industrial Center, a 60-acre parcel of land purchased and cleaned up by the city of Cleveland. Coast to Coast, also known as Ohio High Reach,...

Obamacare Architect Calls GOP Health Bill 'Amazingly Bad'

Jonathan Gruber, an MIT economics professor, discusses the Senate health-care bill with Bloomberg's Julia Chatterley and Scarlet Fu on "Bloomberg Markets." (Source: Bloomberg)

The Lights Are on at the Committee on Foreign Investment in the United States, but Nobody Is Home

The committee charged with protecting national security from risky foreign investments is understaffed and besieged by a surge in cases.

Young Finns are moving into homes for seniors to escape Helsinki’s expensive housing market

A small studio at Helsinki’s Rudolf Seniors Home costs €290 ($320), roughly half of what is usually costs for a cheap apartment in the capital.

Why Apple’s next big investment should be reshaping capitalism

Late-stage capitalism: such a downer. Consumerism is melting the ice caps, causing social carnage, and burying us under a mountain of sugar. Right? True enough.…

Yellen's Future at Fed Resisted by Trump Aides Wanting New Blood

Federal Reserve Chair Janet Yellen’s candidacy for another term is encountering resistance from some Trump administration advisers who want a new leader at the U.S. central bank, according to two administration officials, even as...

Tax reform – a sensible tax system means economic growth, simple as that

On Tuesday House Speaker Paul Ryan, speaking at the National Association of Manufacturers, reiterated his call for the need for tax reform.

How safe are America's biggest banks?

The nation's biggest banks are set to get the results of their annual financial health checkup.

Your Dog Could Call 911 In An Emergency. Here’s How.

A woman and her colleagues are developing new ways for canines to communicate with humans during a medical emergency.

Burger King Adds Sweet New Menu Item

Burger King is tapping into a little nostalgia to get customers in the door this summer.

May to Outline Post-Brexit Citizens' Rights Plan in Early Test

Prime Minister Theresa May’s first European Union summit since her disastrous election could mark the scene of the first big row of the Brexit negotiations as she outlines how the U.K. proposes to treat the bloc’s citizens after...

China's Xi Mines State Firms for Political Jobs Before Reshuffle

As President Xi Jinping prepares for a shuffling of China’s senior leaders later this year, a new path to power has emerged: the $20 trillion state sector.

Why Travis Kalanick didn’t survive at Uber

The CEO of the ride-hailing company has had to lead a company fraught with scandals.