Employment in the United States continues to grow at a steady clip. The most recent job statistics show over 300,000 jobs have been created in the U.S. during January 2019. However, the Federal Reserve Bank has recently raised interest rates in an attempt to cool down the hypercharged job market. In the wake of a […]
This is the web version of the WSJ’s newsletter on the economy. You can sign up for daily delivery here. Good morning. Today we look at extraordinary U.S. economic growth, rising bond yields, collateral damage in emerging markets, why U.S. worker wages might take a step back in September, and the continuing demise of the shopping mall. […]
Chicago hotel workers have been on strike for almost a full month, but for many hotel workers, the work stoppage has already paid off. Hundreds of workers remain on strike, but more than a dozen hotels have reached deals with workers in the Unite Here Local 1 union. On Tuesday, workers from nine hotels were still […]
The dirt-poor residents of a hardscrabble Arkansas county are routinely sent to jail for being broke by a judge who earns $147,000 a year. District Judge Mark Derrick routinely violates core principles of the Constitution and sometimes even flouts black-letter laws of the state itself, a lawsuit filed Thursday by the Lawyer’s Committee for Civil […]
Sunny Dhillon Contributor Sunny Dhillon is a partner at Signia Venture Partners. More posts by this contributor Amazon’s next conquest will be apparel The rise of experiential commerce While cryptocurrencies have generated the lion’s share of investment and attention to date, I’m more excited about the potential for another blockchain-based digital asset: security tokens. Security […]