Michael Strain, AEI Resident Scholar, explains why he feels raising the minimum wage is bad for businesses. CNBC contributor Jared Bernstein weighs in.» Read More
What matters most is that we learn a lot more about what went wrong and implement some fixes, says economist Jared Bernstein.
As stocks move back into a full-fledged bear market, you might expect a lot of fear from investors.
So, oil inventories fell again last week, for the fifth week in a row. It was an expected drop as U.S. demand continues to outpace constrained global supply.
The Federal Reserve's leading inflation hawk told CNBC that interest rates will have to rise soon in order to keep a lid on rising prices.
The latest overall job loss numbers showed a loss of 49,000 jobs in May and a jump in unemployment rate up to 5.5%. The drop is still well below the six figure numbers seen in past recessions. Read what our panel thinks about the recession outlook.
The U.S. Senate is voting this week on legislation which could drastically change the way companies do business.