The United States' federal minimum wage is $7.25. Mexico's is $5. Per day. Germany doesn't even have one — yet.
The fifth anniversary of Zero Hedge is just around the corner, and so, for the fifth year in a row we continue our tradition of summarizing what you, our readers, found to be the most relevant, exciting, and actionable news of the year, determined ob
At the beginning of this year (2013), I identified eight key dynamics that will play out over the next two to three years (2013-2015):
Is the U.S. consumer tapped out? If so, how in the world will the U.S. economy possibly improve in 2014?
In America today, there are close to 50 million people living in poverty and there are more than 100 million people that get money from the federal government every month.
As holiday shoppers raided Black Friday sales and internet retailers ahead of Christmas, the establishment media heralded a new era of economic boom for the 2013 shopping season.
Fast-food workers across the county have recently held a number of high profile protests to agitate for higher wages.
The total number of people in the United States now receiving federal disability benefits hit a record 10,988,269 in December, up from the previous record of 10,982,920 set in November, according to newly released data from the Social Security Admini
Is the U.S. consumer tapped out? If so, how in the world will the U.S. economy possibly improve in 2014? Most Americans know that the U.S. economy is heavily dependent on consumer spending. If average Americans are not out there spending money, th
* Gold under pressure from firm equities * SPDR gold holdings fall 3 tonnes on Friday * Nov. China imports from Hong Kong down 42 pct
Gold fell for the first time in four sessions in New York, set for its biggest annual loss in three decades, as an improving economy cut demand for a protection of wealth. Silver futures also retreated.
Stealing money from producers is the final solution to “economic inequality”
In America today, there are close to 50 million people living in poverty and there are more than 100 million people that get money from the federal government every month. As the middle class disintegrates, poverty is climbing to unprecedented level
Fast-food workers across the county have recently held a number of high profile protests to agitate for higher wages. These protests have been accompanied by efforts to increase the wages mandated by state and local minimum wage laws, as well as
Late last week it was learned that some 40 million charge cards were obtained using physical processing systems located in Target retail locations nationwide
It is time to crank up the Looney Tunes theme song because Wall Street has officially entered crazytown territory.
The Federal Reserve's announcement on December 18 that beginning in January its monthly purchases of mortgage-backed financial instruments and US Treasury bonds would each be cut by $5 billion is puzzling, as is the financial press's account of the m
It is time to crank up the Looney Tunes theme song because Wall Street has officially entered crazytown territory. Stocks just keep going higher and higher, and at this point what is happening in the stock market does not bear any resemblance to wha
“This bubble is too big to pop and the Fed knows it, so they’re going to keep supplying air.”
A top financial advisor, worried that Obamacare, the NSA spying scandal and spiraling national debt is increasing the chances for a fiscal and social disaster, is recommending that Americans prepare a “bug-out bag” that includes food, a gun and ammo
PBS promised a “debate” this past Friday night on the “benefits and dangers” of the Federal Reserve as the Fed marks its 100 years of existence tomorrow. Instead of a debate, two famous stock market historians made the same stunning announcement – th
Apparently having 5% of the world’s population, but 25% of its prisoners simply isn’t good enough for neo-feudal America.
The hackers who attacked Target Corp and compromised up to 40 million credit cards and debit cards also managed to steal encrypted personal identification numbers (PINs), according to a senior payments executive familiar with the situation.
VIX closed at its lowest in a month as stocks pushed on higher to new record-er highs (and Twitter hit $70).
With the closure of the recent Atlantic Club Casino Hotel, rumors of the bankrupt Revel being sold to Hard Rock, Las Vegas real estate prices remaining depressed, casinos opening up all around the country and online gambling legislation
Every year, David Collum writes a detailed "Year in Review" synopsis full of keen perspective and plenty of wit.
Blackstone Group appears to be trying to oligopolize the business of renting single-family homes in the U.S..
Our roads are have been transformed into a revenue generating control grid. And this is just yet another example of how government feels the need to constantly watch, monitor, track and regulate everything that we do.
“The United States Federal Reserve announced Wednesday that it will start drawing down (i.e. “tapering”) its multibillion-dollar quantitative easing policies in 2014. The Fed will begin tapering its $85 billion monthly purchases of Treasuries and Tr
In order to achieve the greatest risk/reward asymmetry from the 2014 single-family housing stimulus “hangover”, or “reset”, happening right now you must change the way you think about this asset class. When doing so, clarity emerges (at least to me)