Posted In: payday loans
New Pew report finds that payday borrowers feel both relief -- and that they are being taken advantage of.
Posted In: Warren Buffett, Heinz ketchup
Legendary investor Warren Buffet announced Thursday morning that his company, Berkshire Hathaway, will team up with a Brazilian-backed investment firm to buy H. J. Heinz, the ketchup maker. The price tag? Just over $23 billion.
Posted In: American Airlines, US Airways
American Airlines and US Airways have officially announced their long-suspected merger. Together the companies will become the largest airline in the world, but the consolidation process won’t be without its challenges.
Posted In: minimum wage, State of the Union, Obama, poverty
During his State of the Union address last night, President Obama proposed to raise the federal minimum wage to $9 an hour.