Debtors Prison

Business groups alarmed by rise of ‘micro-unions’ in workplace

Demonstrators protesting low wages and the lack of union representation in the fast food industry outside of a Wendy's restaurant in the Brooklyn Borough of New York

Getty Images Business groups are sounding the alarm over decisions from the National Labor Relations Board (NLRB) that they say would make it easier for small groups of people to create “micro-unions” in the workplace. ADVERTISEMENT The NLRB first recognized the so-called micro-unions in 2011 at Specialty Healthcare, a […] Click here to view original web page at thehill.com Read More »

The Typical Household, Now Worth a Third Less

poverty

Economic inequality in the United States has been receiving a lot of attention. But it’s not merely an issue of the rich getting richer. The typical American household has been getting poorer, too. The inflation-adjusted net worth for the typical household was $87,992 in 2003. Ten years later, it […] Click here to view original web page at www.nytimes.com Read More »

Analyst: Germany Secretly Planning to Join BRICS

Analyst: Germany Secretly Planning to Join BRICS

NSA surveillance controversy centered on U.S. fear that Europe’s economic powerhouse will dump the dollar Analyst: Germany Secretly Planning to Join BRICS Financial analyst Jim Willie sensationally claims that Germany is preparing to ditch the unipolar system backed by NATO and the U.S. in favor of joining the BRICS […] Click here to view original web page at www.infowars.com Read More »

Atlantic City’s Credit Rating Cut Two Steps to Junk by Moody’s

AC

Atlantic City , New Jersey , the gambling hub that’s been pummeled by regional competition in the U.S. Northeast, had its credit rating cut two levels to speculative grade by Moody’s Investors Service. The reduction to Ba1 from Baa2 on the city’s $245 million of general-obligation debt reflects a […] Click here to view original web page at www.bloomberg.com Read More »

New SEC Regulations Put Your Money Market Savings At Risk

BUCK

WASHINGTON (Reuters) – U.S. regulators unveiled rules on Wednesday that will force “prime” money market funds used by large institutions to float their share price, in an effort to reduce the risk of investor runs. The Securities and Exchange Commission’s new rules, which are expected to be adopted later […] Click here to view original web page at www.reuters.com Read More »

Big jump in number of millennials living with parents reported

SUCKY

More young adults are living with their parents or grandparents in multigenerational households. More Americans than ever live in multigenerational households, and the number of millennials who live with their parents is rising sharply, according to a study released Thursday. A record 57 million Americans, or 18.1% of the […] Click here to view original web page at www.latimes.com Read More »

Microsoft set to axe 18,000 jobs

MI

Share this page Delicious Digg Facebook reddit StumbleUpon Twitter Email Print Company logo The job cuts are the deepest in the firm’s 39-year history Continue reading the main story Related Stories Microsoft is to cut up to 18,000 jobs marking the deepest cuts in the technology firm’s 39-year history. […] Click here to view original web page at www.bbc.com Read More »

Senators renew Internet sales tax push

Biz

Greg Nash Senators seeking to give states broader latitude to charge sales taxes on Internet purchases are preparing a last-ditch effort to pass legislation through Congress before the midterm elections. A bipartisan group of lawmakers has been pushing such a fix for years, insisting it would level the playing […] Click here to view original web page at thehill.com Read More »

BRICS set up bank to counter Western hold on global finances

BRICS

FORTALEZA Brazil (Reuters) – Leaders of the BRICS emerging market nations launched a $100 billion development bank and a currency reserve pool on Tuesday in their first concrete step toward reshaping the Western-dominated international financial system. The bank aimed at funding infrastructure projects in developing nations will be based […] Click here to view original web page at www.reuters.com Read More »