ECONOMY

The Implications Of Overtime Pay Proposal

12:52pm May 22, 2016

The Labor Department announced new rules to make millions more Americans eligible for overtime pay. Annie Lowrey of New York magazine talks about what this could mean for businesses and workers.

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Amid Concerns, New York Auctions Flood-Wrecked Wrecked Homes

8:52am May 21, 2016

by Stephen Nessen

Most homes buyers steer clear of flood zones and badly damaged buildings. But at an auction in New York City, that's exactly what bidders wanted.

The U.S. Influence On Cuba's Rapid Cultural Change

8:52am May 21, 2016

by Mandalit del Barco

As big-name celebrities flock to the territory, Cuban culture is undergoing rapid change. But do Cubans want Chanel stores and Rolling Stones concerts?

Harley-Davidson Rebrands Itself To Reach Millennial Generation

8:45am May 21, 2016

by Chuck Quirmbach

Iconic brand Harley-Davidson is stepping up marketing and introducing new designs in hopes of gaining younger riders and more women.

Lariat Alhassan had lots of great paint to sell but no office where she could meet clients. And then she heard an ad on the radio that seemed too good to be true.

Nigeria, You Win! Your Development Plan May Be The 'Best In History'

8:08pm May 20, 2016

by Alex Goldmark

The idea of just giving away nearly $60 million to tiny businesses seemed crazy. Did it work?

Obama Visits Asia Pacific Nations Awaiting Action On TPP Trade Deal

6:55pm May 20, 2016

by Susan Davis

President Obama heads to Japan and Vietnam, two nations waiting for the U.S. to act on the Trans-Pacific Partnership, the long-stalled multilateral trade pact.

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Money Transfer Companies Fight Back Against IRS Scammers

5:00pm May 20, 2016

by Alex Goldmark

There's a phone scam going around where an intimidating caller pretends to be from the IRS, demanding money immediately. There is also an anti-scam going on. At check cashing outlets, employees are dealing with terrified victims demanding to send money to fake IRS agents. Intervening requires awareness, compassion, and a script, just like the scammers use.

Golfer Phil Mickelson Is Named In Insider Trading Case

7:29pm May 19, 2016

by Jim Zarroli

U.S. officials say the former chairman of Dean Foods passed inside information to famed gambler Billy Walters, who then tipped off Mickelson. The SEC wants Mickelson to turn over $931,000.

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Willard Middle School students chop carrots for a meal they will sell through Josephine.

Why One Startup Is Offering Meals Made By Home Cooks And Middle-Schoolers

6:30pm May 19, 2016

by Natalie Bettendorf

Young people are looking for new takes on fast food. Enter Josephine, a company that connects home chefs in the San Francisco area with folks in their neighborhood who are hungry for a good meal.

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Ships transporting containers like these at the Port of Tacoma, Washington, last year carry the goods at issue in the TPP deal. A new report says the trade pact would boost the U.S. economy, but only by a modest amount.

Report Says Trade Deal Would Boost U.S. Economy, But Opponents Say No

2:01pm May 19, 2016

by Marilyn Geewax

If Congress were to approve the TransPacific Partnership, the economy would expand by .15 percent by 2032, according to a report by the U.S. International Trade Commission.