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Beginning May 16, small investors hoping to get in on the next Apple, Google or Microsoft will be able to buy stock from start-ups raising money online. The practice, known as crowdfunding, once was off limits to small investors. Now the Securities and Exchange Commission will let individual investors who… Read More

You’d never know it from the inflamed rhetoric over raising the federal minimum wage, but at the state level the issue is quietly becoming settled law. In 29 states and the District of Columbia, the minimum wage already exceeds the federal standard of $7.25, and a dozen of those states… Read More

A couple of weeks ago Fed Chairperson Janet Yellen said she was “looking forward” to the prospect of raising interest rates this month, since that would indicate of an improving economy. I’d like to believe she was sincere in that sentiment, but I can’t help but wonder if she was… Read More

Just when you thought it could go no lower, the price of oil slipped again this week. On Tuesday it fell below $37 a barrel and Big Oil stocks felt even more pain, as did the Dow generally, off 245 points.A host of bad economic news comes with oil’s plummet… Read More