Articles filed under Economy
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Retirees worldwide may run out of money 10 years before they die, report showsJun 16, 2019 6:00 am - One of the toughest problems retirees face is making sure their money lasts as long as they do. From the U.S. to Europe, Australia and Japan, retirement account balances...
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What the Fed heard when it listened to Americans about inflationJun 16, 2019 6:00 am - Federal Reserve Chairman Jerome Powell calls slumping inflation "one of the major challenges our time." Shawn Smith, who trains some of the nation's most vulnerable low-...
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America's lunch bill could go up $875M thanks to global trade warJun 09, 2019 6:20 am - The growing threat of an all-out global trade war means Americans may have to fork out more cash at lunchtime. Firehouse Subs will likely bump sandwich prices by 10 cent...
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The backlash to plastic has oil companies worriedJun 09, 2019 6:11 am - As the world strives to wean itself off fossil fuels, oil companies have been turning to plastic as the key to their future. Now even that's looking overly optimistic. T...
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Much of the chocolate you buy starts with child laborJun 09, 2019 6:00 am - GUIGLO, Ivory Coast — Five boys are swinging machetes on a cocoa farm, slowly advancing against a wall of brush. Their expressions are deadpan, almost vacant, and they r...
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Fewer kids are riding and buying bicycles, and the industry is worriedJun 09, 2019 6:00 am - Children's bicycle manufacturers and retailers are bracing for rough times ahead as market research shows fewer kids are riding bikes, while prices for cycling equipment...
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As Walmart turns to robots, it's the human workers who feel like machinesJun 08, 2019 6:19 am - To Walmart executives, the Auto-C self-driving floor scrubber is the future of retail automation - a multimillion-dollar bet that advanced robots will optimize operation...
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Analysis: The economy is booming. So is financial stress.Jun 02, 2019 6:19 am - Federal Reserve research provides lots of useful data about U.S. financial health, but its broad focus sometimes obscures intriguing specifics. Now a new study by the St...
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Falling mortgage rates are enticing US homebuyers to trade upJun 02, 2019 6:17 am - This year's plunge in mortgage rates is giving Americans an incentive to upgrade to pricier houses. Take loan officer Clint Gerke's client in Salem, Oregon. The single m...
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Almost 40% of Americans would struggle to cover a $400 emergencyJun 02, 2019 6:00 am - Many U.S. households find themselves in a fragile position financially, even in an economy with an unemployment rate near a 50-year low, according to a Federal Reserve s...