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Daily News

Below please find daily updates pertaining to the latest in financial, business, and tax news:

Taxpayer Advocate Service Feed

The UK is trying to rein in CEO pay. It isn't working

Wed, Aug 15, 2018

The median pay for chief executives of the 100 most valuable companies on the London Stock Exchange increased 11% last year to £3.9 million ($5 million). Workers got a 2% hike....

Big Oil is racing to pump all the oil out of Texas

Wed, Aug 15, 2018

The oil industry is shelling out billions of dollars in a series of acquisitions in the Permian Basin, the hottest oilfield in the world....

The threat Turkey's crisis poses to the world

Tue, Aug 14, 2018

Read full story for latest details....

Macy's momentum may be starting to slow

Wed, Aug 15, 2018

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American oil refineries are working harder than ever before

Tue, Aug 14, 2018

Oil refineries in the United States are running full tilt to meet insatiable demand for gasoline and diesel at home and overseas....

How America's foreclosure capital came back from the dead

Tue, Aug 14, 2018

Fort Myers, Florida, was ground zero for the mortgage crisis during the recession. Since then, it's recovered and construction is booming again -- to the point where people are worried that another housing meltdown might be around the corner....

What happens next in Turkey? It probably won't be good

Tue, Aug 14, 2018

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Minimum wage since 1938

Fri, Dec 09, 2016

When the federal minimum wage first became law in 1938, it was 25 cents. Adjusted for inflation, that would be worth $4.19 today. Scroll over the chart to see historical minimum wage amounts, and their corresponding values in today's dollars....

Corporate America is raking in fat profits. Will it last?

Mon, Aug 13, 2018

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Countries with higher wages than the U.S.

Fri, Dec 09, 2016

Some Republicans say high wages in the U.S. are hurting America's global competitiveness. See the countries where wages are even higher....

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