ECONOMY

To Turn Turkey's Economy Around, Erdogan May Have To Loosen Control

6:55am April 15, 2019

by Peter Kenyon

After some stinging losses in local elections, Turkey's ruling party is trying to revive the economy. But that'll be difficult as long as President Erdogan doesn't want to share power.

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Is The Country Really 'Full'?

4:43pm April 11, 2019

Conservative writer David Frum thinks that liberals need to step up on immigration enforcement.

Tom DiGiovanni's job as chief financial officer for Canndescent involves managing bags of cash by the millions which must be counted, then hauled in armored vehicles.

Bags Of Cash, Armed Guards And Wary Banks: The Edgy Life Of A Cannabis Company CFO

11:33pm April 10, 2019

by Yuki Noguchi

Being chief financial officer in a pot business requires lots of workarounds, including hiring heavily armed guards. Few financial firms are willing to service a market that remains federally illegal.

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The ferries Malaspina and LeConte are docked near Juneau at sunrise. Both ships are part of Alaska's state ferry system, which could face steep budget cuts Oct. 1, under a proposal by Alaska Gov. Mike Dunleavy.

In Alaska Shrinking Oil Revenues May Mean Severe Cutbacks To State Ferry System

5:48pm April 10, 2019

by Nat Herz

For decades, Alaska has collected enough revenue from the oil industry to run government and pay each resident a cash dividend. Now, with oil revenue dwindling, there isn't enough money for both.

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Economy

Johnson Publishing Company Files For Chapter 7 Bankruptcy Protection

6:37am April 10, 2019

by Karen Grigsby Bates

The Chicago publishing giant that launched Ebony and Jet magazines, and made them a touchstone in African-American life, is closing its doors. It plans a court- supervised sale of its assets.

People walk past a branch of Bank of America in New York City in 2015. The bank announced Tuesday that it's raising its minimum wage to $20 an hour by 2021.

Economy

Bank Of America Raising Its Minimum Wage To $20 An Hour

4:21pm April 09, 2019

by Jim Zarroli

The wage increase, which will be phased in by 2021, comes as the strong economy means employers are competing to fill open positions.

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Are Plastic Bag Bans Garbage?

2:29pm April 09, 2019

by Greg Rosalsky

A national movement to ban plastic bags is gaining steam, but these restrictions may actually hurt the environment more than help it. Human nature, hard truths, and what kind of bag to use anyway?

A new Airbus A320neo aircraft is presented by the Spanish airline Vueling at Barcelona's airport on Sept. 27, 2018. The Trump administration is preparing to slap tariffs on imports from Europe, citing subsidies of Airbus jets.

U.S. Warns Of New Tariffs On Europe Over Airbus Subsidies

12:41pm April 09, 2019

by Scott Horsley

The Trump administration is preparing tariffs on billions of dollars in imports from Europe in retaliation for subsidies of Airbus jets. The levies would hit products ranging from aircraft to wine.

Overall, prices of major appliances tracked by the consumer price index are starting to tick down month-to-month. But they are still higher than they were last year. Washing machines, dryers and other appliances are seen for sale at a Lowe's home improvem

Tariffs' Complex Ripple Effects Hit Appliance Shoppers And Makers

11:22am April 09, 2019

by Alina Selyukh

Prices on appliances are slowly ticking down after posting their biggest increase in about five years. One tariff was a boon to U.S. manufacturers. But other tariffs hiked costs for the industry.

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A pile of newly minted $1 coins honoring former President Thomas Jefferson are unveiled by the U.S. Mint in Washington, D.C., in 2007. In a turnaround, congressional analysts are no longer recommending a phaseout of paper dollars in favor of a dollar coin

Economy

Government Watchdog Flips On Dollar Coin

9:03am April 09, 2019

by Scott Horsley

In a turnaround, congressional analysts are no longer recommending a phaseout of paper dollars in favor of a dollar coin. Paper money is lasting longer because of cashless transactions.

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