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  • Money Basics: The History of Minimum Wage

    Over 2.2 million workers make minimum wage or less, which is currently set at a Federal rate of $7.25 per hour.

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  • Trump says Obamacare is dead. One stat shows why he’s wrong.
    Politics
    Yahoo Finance8 hours ago

    Trump says Obamacare is dead. One stat shows why he’s wrong.

    President Donald Trump calls his predecessor Barack Obama’s signature health care policy “failing,” but Obamacare has managed to endure despite an administration opposed to it. At some point this year, 80 counties across the country were in danger of not complying with the ACA, or Obamacare, in 2018. “This is showing that the ACA is stubbornly failing to fail,” the Kaiser Family Foundation’s Cynthia Cox told Yahoo Finance.

  • Business
    MarketWatch7 hours ago

    The stock market is now in ‘correction mode’

    The stock market seemed to be under a great deal of pressure on Aug. 10. Simultaneously, a number of buy signals have occurred, including the VIX “spike peak” buy signal and the “VXST crossover” buy signal. The upward shift had left support at 2437 — the lows of last week.

  • Pratt’s $10 Billion Jet Engine Lags GE by 10-to-1 on New Orders
    Business
    Bloomberg19 hours ago

    Pratt’s $10 Billion Jet Engine Lags GE by 10-to-1 on New Orders

    Pratt & Whitney’s $10 billion bet on a new jet engine is faltering after a troubled rollout, and buyers are rushing to a General Electric Co. model instead. The GE turbine has won 10 times as many orders this year to power a narrow-body  Airbus SE plane on which the two suppliers compete head to head. Pratt has signed just one buyer in that span to supply its geared turbofan engine for the aircraft, according to data provided to Bloomberg by Flight Ascend Consultancy. The figures paint a stark picture for Pratt and parent United Technologies Corp., which billed the so-called GTF as a technological breakthrough that was supposed to help reverse GE’s recent market dominance. Instead, weak demand