Your Money

The law would allow waitstaff tips to be shared with cooks and other back-of-the-house restaurant workers but prevents owners from getting a cut.

Spending Bill Protects Tipped Workers From Sharing With The Boss

4:56pm March 23, 2018

by Scott Horsley

The president signed a spending bill Friday that, among other things, safeguards workers' tips. It blocks an earlier Trump administration move that may have allowed restaurant owners to pocket them.

Economy

The Oil Rig Count

4:04pm March 23, 2018

One of the best gauges of the state of the oil business is a pretty simple one: just count the drilling rigs.

Economy

Too Small To Fail

4:12pm March 22, 2018

Independent bookstores are experiencing a surprising renaissance.

A child-size dummy is crushed by a dresser during a Consumer Product Safety Commission news conference in Washington, D.C., in 2016. That year Ikea began a recall of millions of dressers after six children were killed in tip-over incidents. But a new stud

'Consumer Reports' Finds Dangerous Dressers In All Sizes And Shapes

3:11pm March 22, 2018

by Camila Domonoske

Furniture tip-overs kill multiple children every year. A nonprofit group tested a range of dressers and found there was no way for consumers to tell by looking whether a dresser would be stable.

Federal Reserve Board Chairman Jerome Powell testifies during a Senate banking committee hearing in Washington, D.C., on March 1. This week, Powell presided over a Fed policy meeting for the first time since becoming chairman.

Fed Raises Interest Rates Again As New Chairman Steps Into Spotlight

5:03pm March 21, 2018

by John Ydstie

The central bank raised its key interest rate for the first time under Jerome Powell, announcing a quarter-percentage-point hike. Economists wonder if faster growth will mean more aggressive hikes.

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