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U.S. Targets Russian Oligarchs in New Sanctions

U.S. Targets Russian Oligarchs in New Sanctions

Trump administration imposes punitive measures in response to Russia’s subversion of democracy, cyber activities and Syria actions, officials say.

Published 4 months ago

Retailers Worry Food-Stamp Overhaul Will Hit Them Hard

Retailers Worry Food-Stamp Overhaul Will Hit Them Hard

The beleaguered grocery sector faces a new threat: the possible loss of tens of billions of dollars of spending by low-income shoppers.

Published 4 months ago

US imposes sweeping sanctions on Russian business

US imposes sweeping sanctions on Russian business

The Trump administration has unveiled sweeping sanctions against seven high-profile Russian businessmen and their dozen companies, acting on a law passed by Congress last year.

Published 1 second ago

Hey Alexa, Can You Help Amazon Get Into the Payments Business?

Hey Alexa, Can You Help Amazon Get Into the Payments Business?

Amazon.com is considering whether to use Alexa to launch a person-to-person payments feature, a move that would push the retailing giant into new competition with Venmo and big banks’ payments efforts.

Published 4 months ago

Fatal crash tests role of safety drivers in autonomous cars

Fatal crash tests role of safety drivers in autonomous cars

Humans helping inform the technology are prone to false sense of security and boredom

Published 1 second ago

The Toughest Toll Roads in America

The Toughest Toll Roads in America

Drivers who routinely don’t pay tolls in Pennsylvania could be convicted of a felony, as the Keystone State cracks down on egregious scofflaws.

Published 4 months ago

Trump’s Criticism of Amazon: It’s Personal

Trump’s Criticism of Amazon: It’s Personal

President’s attacks on e-commerce company stem from its CEO’s ownership of the Washington Post, which the American leader says writes unfair stories about him, say people close to the White House.

Published 4 months ago

Small U.S. Colleges Join Forces in Effort to Lower Retirement-Plan Costs

Small U.S. Colleges Join Forces in Effort to Lower Retirement-Plan Costs

More than a dozen small colleges have joined to yank the management of their employee retirement accounts from TIAA after it raised the fees on some of its most popular funds.

Published 4 months ago

One Reason for Optimism: Bearish Investors

One Reason for Optimism: Bearish Investors

Investor sentiment has quickly shifted from extremely optimistic to outright bearish—an encouraging contrarian signal for those market participants who have long worried Wall Street was overly bullish.

Published 4 months ago

Top 20% of Americans Will Pay 87% of Income Tax

Top 20% of Americans Will Pay 87% of Income Tax

One of the least discussed parts of America’s income tax is how progressive it is, and the tax overhaul didn’t change that fact. In 2018, top earners will pay a higher share of income taxes.

Published 4 months ago

5 Things to Watch in the March Jobs Report

5 Things to Watch in the March Jobs Report

The unemployment rate could reach a new low, but the pace of hiring is expected to cool.

Published 4 months ago

Manchester City’s Consolation: the EPL Title

Manchester City’s Consolation: the EPL Title

After a 3-0 loss to Liverpool in the first leg of its Champions League quarterfinal, Manchester City can secure the Premier League title with a victory against Manchester United.

Published 4 months ago

South Korea court sentences ex-president Park to 24 years in prison

South Korea court sentences ex-president Park to 24 years in prison

Impeached leader convicted on 16 counts after year-long corruption trial

Published 1 second ago