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A workers' rights protest march in London. October 2014.

WORLD BANK: Workers should ditch minimum wage to compete with robot labor

The World Bank said employers should be able to opt out of paying minimum wage.
Glen Crabtree, a floor hand for Raven Drilling, smiles while drilling for oil in the Bakken shale formation on July 23, 2013 outside Watford City, North Dakota.

Local unemployment rates reveal a surprising amount about what’s going on in the economy — and they’re hinting at a boom in manufact...

UBS looked at changes in county unemployment rates across the US, and that local data illustrated some bigger trends.

Tech and tobacco drag stocks into red for first time this week

Tech stocks, along with tobacco giant Philip Morris, dragged indexes lower on Thursday.
City workers cross London Bridge during the morning rush-hour in the City of London August 11, 2010.

UK unemployment falls once again — and Brits are finally getting a pay rise

Unemployment in the UK unexpectedly fell between December and February, according to new data released by the Office for National Statistics on Tuesday.

Stocks close higher as markets shift their attention from geopolitical turmoil to corporate earnings

The S&P 500 hit its highest level in almost a month on Monday, as investors focused on earnings reports.
Larry Kudlow.

Larry Kudlow keeps suggesting Trump should take major trade action on China — and it sounds a lot like the deal he killed in his first days in o...

Kudlow keeps suggesting Trump may take trade action on China that sounds a lot like the vaunted trade deal he killed as soon as he took office

A key recession signal is back at levels last seen during the financial crisis

The yield curve has narrowed to a point not seen since right before the start of the Great Recession.
U.S. President Donald Trump speaks during a signing ceremony of executive orders on trade, accompanied by Vice President Mike Pence (C) and U.S. Commerce Secretary Wilbur Ross (2nd R) at the Oval Office of the White House in Washington, U.S., March 31, 2017.

Trump’s chief metric for who is winning the trade war is moving in the wrong direction

ANALYSIS: The US trade deficit keeps widening despite President Donald Trump's anti-trade, protectionist stance.

Trump claimed the tax bill would lead to a huge boost in business spending — but there’s no sign of it yet

New tax cuts are unlikely to spur business investment to any large extent, according to a new survey conducted by the Atlanta Fed in conjuction with academics.