Why Walmart, McDonald’s Should Pay Employees More
Henry Blodget, CEO and Editor-in-Chief of Business Insider makes a strong case for why mega companies like Walmart, McDonald’s and Starbucks ought to pay their workers more and not so little that many of their employees are still poor.
The Myth Versus Reality of Obama’s Recent Housing Proposals
The Obama administration recently unveiled a string of proposals to help struggling homeowners and get the housing market back on its feet — part of the administration’s“We Can’t Wait” election year to-do list.
Obama Proposes Community College to Career Fund in Budget
It stands very little chance of passing the U.S. Congress, but on Monday President Obama unveiled his budget proposals for Fiscal Year 2013.
Why is Gasoline Consumption Plunging?
Gasoline consumption in the U.S. has been steadily dropping over the past few years and retail gasoline deliveries are already well below the 1980 levels.
Jobless Rate Falls to 8.3 Percent
The jobless rate in the U.S. fell to 8.3 percent in January, a decline of 0.2 percent from the month before and the lowest level in three years, the Labor Department said Friday.
State to Crack Down on Scam Artists
The Senate’s attempt to fix the state’s no-fault automobile insurance market passed its first hurdle Thursday with backers conceding the final product may be much different as the bill proceeds to the floor. The Senate Banking and Insurance Committee by unanimous vote approved a measure, SB 1860, that the bill’s sponsor said could reduce costs of personal injury protection insurance up to $125 million a year by reducing fraud, more closely regulating providers and limiting the kinds of treatment available to victims following a crash.
Insurance Fraud Bill Passes House Committee
A bill backers say is needed to stop fraud and lower costs in the state’s no-fault automobile insurance market passed another test Wednesday but not before it became evident that issues such as capping attorney fees, requiring doctors to testify under oath and limiting initial access to emergency rooms is splitting Republican members, a fracturing that could easily scuttle the bill.
Infrastructure Trust Fund “Raid” Draws Fire
Advocates for infrastructure and transportation spending were expectedly unhappy Thursday with the House’s announcement that it will target trust funds to the tune of more than $210 million in the transportation and economic development part of the budget alone, hoping to steer the money to other needs.
Bill to Shut Down Internet Cafés Moves Ahead
With critics likening them to storefront casinos, a House panel Tuesday approved a proposal to ban Internet cafés that have opened in shopping centers across the state in recent years.
