The largest private employer in the US announced Thursday it was raising the pay of 500,000 workers. Wal-Mart's move also raises a broader question: Is momentum building for 2015 to be a better year for US wage growth?
Funding for DHS is scheduled to run out later this month. That deadline was set as part of an effort by Republicans to stand up to President Obama's use of executive action to ease US policies toward illegal immigrants.
The FAA has released an outline of proposed new rules for drones, opening the door to their widening use but putting some sharp limits on how far and how high they can legally fly. Here are some specifics.
Republicans say Social Security’s support for people with disabilities will be 'broke' next year; the Obama budget suggests the system needs only a patch. But both sides agree: Something must be done by 2016.
New York banker Antonio Weiss withdrew from consideration for a top Treasury job, offering a symbolic victory for Sen. Elizabeth Warren and others seeking to limit Wall Street's influence in Washington.
The president's optimistic economic message meshes with recent federal statistics and public opinion polls but still runs the risk of appearing out of touch with millions of workers who are struggling financially.
Nearly 3 million jobs were created in 2014, the Labor Department said Friday – the best jobs performance since 1999. But wages remain stagnant and economists are divided on when they are likely to rise.
Insurance premiums will drop for FHA loans, which account for 15 percent of new mortgages. Lower-cost loans could help more Millennials enter the housing market, but some critics are concerned it could destabilize the housing market.
The House has adopted 'dynamic scoring' of legislation, which would have congressional economists base tax-revenue forecasts partly on how proposed laws might result in faster or slower economic growth.
Car purchases revved up in 2014 at a pace not seen since the start of the Great Recession. The recovery is not just good news for the auto industry, but also a sign that Americans are starting to loosen their pursestrings.
As many as 7 million low-wage workers will see a pay increase, many on Jan 1. Minimum wages around the country will range from the federal minimum wage of $7.25 an hour to $9.47 an hour in Washington State.