Janet Yellen and the Federal Reserve are going to raise interest rates –not today, but maybe in October or December. But the current economy looks different than any before it, making the timing of a rate hike complicated.
Most popular restaurant chains, including Subway, Wendy's, Olive Garden, and many more have no plans to curb antibiotics in their meat supply, despite growing concern from public health officials.
US stocks have been jittery due to worries over China and anticipation over the Federal Reserve's meeting this week. But the relative calm of recent years has been even more remarkable.
McDonald’s announced Wednesday that it will make the shift to cage-free eggs over the next decade, the latest in a series of moves to reform industrial egg and poultry farming in the United States.
The US economy added 173,000 jobs last month, but the unemployment rate fell to 5.1 percent – its lowest level since April 2008. The report is the last before the Federal Reserve's September meeting, and it sheds little light on whether the Fed will finally pull the trigger on interest rates.
The FDA has warned that ‘Just Mayo’ an eggless mayonnaise-like spread made by a San Francisco startup, does not meet the legal requirements to be called mayonnaise. Since its 2014 debut, 'Just Mayo' has emerged as a formidable foe to the mainstream mayonnaise market.
Existing home sales rose a strong 2 percent to a 5.59 million annualized pace in July, marking the third straight month of sales increases. But the share of first-time buyers fell as rising costs and a lack of affordable homes for sale pushed many out of the market.
The US economy added 215,000 jobs in July, and the unemployment rate held steady at 5.3 percent. But wage growth and labor force participation are still concerns, even as the Fed moves toward raising interest rates by the end of the year.
Even in industries with traditional schedules, workers are more likely to do their job outside regular office hours and respond to work e-mails off the clock. That flexibility can lead to better work/life balance, but at the risk of blurring the boundaries between an employee's job and personal life.
Existing home sales rose 3.2 percent to a 5.49 million annualized pace in June as stable job prospects and a much-improved economy encouraged buyers. But thanks to shifting demographics and the lingering effects of the housing crash, more Americans are still renting than they have in decades.
The Labor Department released detailed guidelines this week for determining whether businesses should designate their workers as "employees" or "independent contractors," and suggested that the latter classification has been used a bit to liberally as companies re-organize and streamline costs.
US retail sales fell 0.3 percent in June, a far cry from analysts' expectations for a modest gain. As the economy has recovered well elsewhere, the weakness in the consumer sector has weighed heavily on the Federal Reserve’s eventual decision to finally raise long-term interest rates.
Jeb Bush drew fire for his comments about American workers, but he's right that millions of part-time employees need to work more hours. What's less clear is how he would make it happen.
General Mills announced Tuesday that it will commit to using 100 percent cage-free eggs as part of a program to improve its animal welfare standards. The shift may take some time but comes as the global egg industry has largely moved away from eggs produced by hens in cramped battery cages.