McDonald’s sales slipped last quarter, which could indicate tighter budgets among lower-income Americans. Plus, the unintended effects of economic sanctions as a policy tool.
Though incomes are rising, savings are down for many Americans. Plus: An ex-auto parts clerk remembers counting inventory by hand and manufacturing booms in some regions while struggling in others.
Adjusted for inflation, the current minimum wage has the least purchasing power since 1949. Why won’t Congress increase it? Plus, tax reform in China and DIY vehicles in New York.
Popular job-related slang might tell us where the labor market is headed. Plus, to point students toward viable careers, educators visit the Port of Baltimore.
Not really, apparently. Or at least not yet. Plus, what might happen to the president’s infrastructure initiatives now that he won’t serve a second term.