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Epstein’s Death Leaves Unanswered Questions for Investigators
The death of disgraced former financier Jeffrey Epstein in a Manhattan jail leaves his accusers and investigators with unanswered questions and diminished hopes for a full accounting of his alleged wrongdoings. Federal prosecutors pledged Saturday to continue…
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The Federal Minimum Wage Doesn’t Really Matter Anymore
The federal minimum wage is poised to become an irrelevant labor policy.The national pay floor of $7.25 an hour hasnt been adjusted for a decade, the longest it has ever gone unchanged. And with Washington policy makers polarized on the issue, there is little…
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UPS Bets on Amazon, for Now
For now, UPS is retaining close ties to Amazon, one of its largest customers. The Atlanta-based shipping giant gets close to 10% of its revenue from Amazon, according to a Morgan Stanley estimate, a figure that could grow as the online retailer seeks new carr…
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In Boise and Grand Rapids, the Housing Market Looks Red Hot
The housing market is booming. Just not in the places you might expect.Homes for sale in small to midsize cities like Boise, Idaho, South Bend, Ind., Columbia, Mo., and Youngstown, Ohio, are enjoying a sustained upswing.During the crucial spring selling seaso…
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Investors Ponder Negative Bond Yields in the U.S.
A steep slide in U.S. government-bond yields last week wrong-footed investors and left some pondering what was once unthinkable: whether interest rates in America could one day turn negative.Historically, people who lent money out got more money back later, a…
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Apple Card Review: The Credit Card of the Future Is No Card At All
The Apple Card makes quite an impression. The white titanium slab contains no numbers or expiration dateonly your name, an Apple logo and the chip. Whip it out of your wallet and it clatters onto a table with a delightful tink sound. James Bond might be a Bla…
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California Fostered America’s Tech Industry. It Is Becoming a Great Adversary.
California, the birthplace of the American tech industry, is emerging as a great foe. On Monday, the state legislature resumes and will consider a bill that, if passed, could classify drivers for ride-hailing companies like
Uber Technologies Inc.
UBER -6.8…
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Thirty Seconds That Haunt Dayton’s Police Chief
DAYTON, OhioShortly after 2 a.m. last Sunday, Dayton Police Chief Richard Biehl received a call that a mass shooting had occurred here. He was in disbelief. But he also was nearly 400 miles away in a hotel room for a conference in Washington, D.C., as nine pe…
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Giant Batteries Supercharge Wind and Solar Plans
A global wave of investment in high-capacity batteries is poised to transform the market for renewable energy in coming years, making it more practical and affordable to store wind and solar power and deploy it when needed.Government-owned utilities and compa…
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