News

‘Starvation wages’: Walmart and McDonald’s among firms with the most workers on food stamps and Medicaid, according to a Bernie Sanders-commissioned report

Walmart and McDonald’s are among the companies with most workers on federally-funded social safety net programs to help pay for healthcare and food assistance, according to a report by the Government Accountability Office (GAO). Thousands of people working at the chains are on Supplemental Nutrition Assistance Program (SNAP) food stamps […]
‘Starvation wages’: Walmart and McDonald’s among firms with the most workers on food stamps and Medicaid, according to a Bernie Sanders-commissioned report
Markets

The strategist who called stocks ‘too big to fail’ says US wealth and income is dangerously tied to a market that’s at record valuations

Michael Kantrowitz, Cornerstone Macro chief investment strategist, told Bloomberg on Monday that the stock market is becoming a larger portion of the economy, and consumer wealth and income are “more leveraged than ever to the stock market.” The strategist also said because interest rates are so low, there’s few effective […]
The strategist who called stocks ‘too big to fail’ says US wealth and income is dangerously tied to a market that’s at record valuations
Lifestyle

The 25 fastest-growing cities in America, ranked

WalletHub determined which US cities are currently seeing the most rapid economic growth. The October study analysed 515 cities of different population sizes based on 17 metrics that measure a city’s performance over a seven-year period. The 17 metrics, which included population growth and median household income, were weighted to […]
The 25 fastest-growing cities in America, ranked