Ron Unz, Higher Wages Alliance chairman, says raising the minimum wage to $12 an hour would lift millions of workers out of poverty. Lindsey Piegza, Sterne Agee chief economist, debates Unz's initiative.» Read More
Working Americans are now getting the smallest slice of the income pie on record — which, combined with high unemployment, could be behind the slow speed of the economic recovery.
Aaron Shapiro author of "Users Not Customers: Who Really Determines the Success of Your Business", writes of Gap Inc.’s user-first web strategy and makes the case that, "a user-first strategy will become, if it isn’t already, a company’s make-it-or-break-it point of difference."
The U.S. has to revitalize manufacturing by changing the way companies do business here, Deere CEO Samuel Allen told CNBC Thursday.
The United States is a debtor nation and will never "become a great country again until we become a rich country," Donald Trump told CNBC Thursday.
A global corporation is no less likely to make questionable executive hiring decisions as the average small business, and CEOs of major corporations have the short tenures on their resumes to prove it.
Small businesses are the engine of job creation, creating more than half of the nonfarm private Gross Domestic Product, but most small firms are simply crushed by the onslaught of federal regulations.
A statistical drop last month in the unemployment rate appears to have masked a jobs picture that continues to offer little reason for optimism.
Sophisticated filmmakers who once relied on American studios for backing are turning to a globe-straddling independent finance system for their most expensive projects, the New York Times reports.
In his autobiography, Jim Whittaker, a renowned mountaineer and the first American to reach the summit of Mt. Everest, wrote, “I believe the key to a life well lived… is discomfort.” Whittaker saw discomfort as a way to stretch “yourself beyond what you already know or know how to do.”
The change partly reflects demographics but also government cost-cutting that has resulted in less generous pay and benefits, the New York Times reports.
Randstad, an HR firm, has a monthly Employee Confidence Index that started moving up three months ago. It hit 48 in November versus 45.6 the month before — not yet at the breakeven level of 50, but getting close. At the same time, Randstad says the percentage of U.S. workers who believe the economy is getting weaker fell below 50 percent in November, to 45 percent.
The Chairman of Harman International says, "Innovation is critical to the heartbeat of any successful corporation in the industrialized world. But competing in emerging markets where vast differences exist in per-capita incomes, infrastructure, customer preferences and environmental pressures, requires redefining the concept of innovation."
It can be a challenge to stay focused on work. However, it doesn’t take personal distractions to draw your attention away from what you’re supposed to be doing. The workplace has plenty of distractions of its own. Here are a few of the most common workplace distractions.
Dogfish Head Craft Brewery not only brews beer, it runs its own in-house bottling operation. But disaster struck during one of its bottling runs.
Revolution LLC's $450 million venture fund will focus on East Coast consumer technology "speedups," companies that "already have some traction" but have not "broken through to the big time," CEO Steve Case told CNBC Friday.
Companies can't fill open skilled jobs, so unskilled jobs don't open, CareerBuilder CEO Matt Ferguson told CNBC Friday.
Just 7 percent of those who lost jobs after the financial crisis have returned to or exceeded their previous financial position and lifestyle, the NY Times reports.
U.S. futures were little changed after nonfarm payrolls were about in line with expectations at 123,000, but the headline unemployment rate of 8.6 percent, well below expectations of 9 percent, and October nonfarm payrolls were revised upward.
A national railroad strike could potentially take place next week and it has the nation's retailers worried about their holiday season.
Worldwide oil consumption has more than doubled in the past five years, and Petrobras plans to grow with it, Chief Executive Jose Sergio Gabrielli de Azevedo told CNBC Thursday.