Robert Reich is the Chancellor’s Professor of Public Policy at the University of California, Berkeley, and Senior Fellow at the Blum Center for Developing Economies. He has served in three national administrations, including as Secretary…
Spain Takes an Economic Gamble on an Unprecedented…
Photographer: Pau Barrena/Bloomberg Photographer: Pau Barrena/Bloomberg Spain is embarking on a major economic experiment: A 22 percent jump in the minimum wage that’s ignited a high-stakes debate about how it will impact the economy. The…
UBS Changes Bonus System for 10,000 Corporate Center…
UBS Group AG scrapped individual variable bonuses for about 10,000 employees at its corporate center, and instead will pay people a percentage of their annual salary. Igor Moser, a spokesman for the lender, confirmed the…
Cows Get Own Tinder-Style App for Breeding
Photographer: Kerem Yucel/AFP via Getty Images Photographer: Kerem Yucel/AFP via Getty Images Cows and bulls searching for “moo love” now have a mobile app to help their breeders. A U.K. farming startup introduced a Tinder-style…
Thailand Faces Escalating Political Risk as Divisions Flare
Thailand’s political divisions are erupting again with just over a month to go to the first general election since a coup almost five years ago. The spotlight is now on the fate of a party…
Trump Says Wall Coming One Way or the…
Construction of the U.S. border wall. Photographer: Scott Olson/Getty Images Photographer: Scott Olson/Getty Images Congressional negotiators dug in for a weekend of talks on a security plan that includes some sort of barrier on the…
For Inflation Guy (and Shiller), Medical TIPS Are…
Photographer: shapecharge Photographer: shapecharge When the traders and investors who advise the U.S. Treasury floated the idea of selling bonds indexed to inflation in health care and education, they were drawing on work that Nobel…
Second Woman Accuses Virginia’s Lieutenant Governor of Sexual…
Virginia Lt. Governor Justin Fairfax addresses the media outside of the capital building in Richmond, on Feb. 4. Photographer: Logan Cyrus/AFP via Getty Images Photographer: Logan Cyrus/AFP via Getty Images Richmond, Va. (AP) -- Virginia's state government…
Turkish Food Fight Spreads With Fines, Raids as…
Photographer: Kostas Tsironis/Bloomberg Photographer: Kostas Tsironis/Bloomberg Turkey has found that fighting words alone aren’t enough to deter the people it blames for runaway food inflation. After weeks of bashing those deemed price-gougers as traitors and…