As labor advocates hail Obama’s overtime plan, employers brace selves

(Jonathan Ernst / Reuters)

President wants to make up for inflation, but some business owners fear it may be too much for them.

    Latest News

    As labor advocates hail Obama’s overtime plan, employers brace selves

    As labor advocates hail Obama’s overtime plan, employers brace selves

    President wants to make up for inflation, but some business owners fear it may be too much for them.

    A strong dollar cuts U.S. firms’ value but makes them look more profitable

    In the strange world of accounting, the currency’s strength is slicing both ways for American companies.

    Ruling confirms e-book price-fixing by Apple

    A federal appeals court panel backs, 2 to1, a judge’s finding that Apple conspired with five publishers.

    White House overtime policy could hurt small businesses, trade groups say

    White House overtime policy could hurt small businesses, trade groups say

    Small business groups say the president’s new overtime eligibility proposal could hurt employees’ paychecks in the long run.

    Global markets nervous but stabilizing as Greece faces default

    Global markets nervous but stabilizing as Greece faces default

    Asia stock markets rebound modestly after Monday's declines, but Europe extends losses.

    Main Street Morning: French police detain Uber managers

    Main Street Morning: French police detain Uber managers

    Our rundown of news affecting start-ups and small businesses.

    Columnists

    Michelle Singletary

    Michelle Singletary

    Teenage driver needs a payment plan for the damage done

    Also, should a family dealing with terminal illness use part of an inheritance to make memories or save it?

    Barry Ritholtz

    Barry Ritholtz

    You’re only human: An economist explains how it hurts your portfolio

    As Richard Thaler explains, investors behave against their own interests — but you can outsmart your brain

    Rodney Brooks

    Rodney Brooks

    What age is best to start drawing Social Security benefits? Truth is, it depends.

    Waiting till 70 is often advised due to longer life spans, but sometimes starting sooner makes most sense.

    Allan Sloan

    Allan Sloan

    A steady bloodletting by corporate deserters

    Washington has failed to act on short-term-fix legislation and reforming the corporate tax code.

    Thomas Heath

    Thomas Heath

    The Boland family has a pretty hot — and sticky — business

    The family that brought A/C to Washington wants to manage your energy, too.

    Market News

    US stocks open higher on speculation of a late Greek deal

    US stocks open higher on speculation of a late Greek deal

    U.S. stocks moved higher in early trading on speculation that the Greek government is considering a last-minute attempt to break the deadlock between the country and its creditors.

    Wonkblog

    Greece just defaulted, but the danger is only beginning

    Greece just defaulted, but the danger is only beginning

    Greece just joined Sudan, Somalia, and Zimbabwe in the list of countries in default to the IMF.

    Puerto Rico electric utility and its creditors are near a deal to postpone default

    Puerto Rico electric utility and its creditors are near a deal to postpone default

    The deal with Puerto Rico’s electric utility would not affect the government’s struggle to reckon with the bulk of its roughly $73 billion in debt.

    The future of air travel is garbage

    The future of air travel is garbage

    United Airlines is betting on the young technology.

    More from Wonkblog

    On Leadership

    Misty Copeland makes history as first African American to become principal dancer with American Ballet Theatre

    Misty Copeland makes history as first African American to become principal dancer with American Ballet Theatre

    Misty Copeland made history on Tuesday, when American Ballet Theatre announced that she has been promoted to principal dancer.

    The workplace perks that are in — and out

    A new survey examines the changing landscape of employee benefits.

    More from On Leadership

    Get There

    How ordinary bond investors would be hurt by a default in Puerto Rico

    How ordinary bond investors would be hurt by a default in Puerto Rico

    Most fund firms have been scaling back from Puerto Rican bonds but some managers are making big bets. Retail investors should know where they stand.

    Active vs. Passive: How fund managers stack up to index funds

    Active vs. Passive: How fund managers stack up to index funds

    New data may help investors figure out when they’re more likely to find a fund manager worth the higher fees.

    The Switch

    Mark Zuckerberg and Stephen Hawking just had the most awe-inspiring exchange ever

    Mark Zuckerberg and Stephen Hawking just had the most awe-inspiring exchange ever

    Zuckerberg held an online Q&A Tuesday and covered a lot of ground, from his workout routine to his thoughts on transgender issues.

    It’s not you, it’s me: Why I won’t be paying for Apple Music

    It’s not you, it’s me: Why I won’t be paying for Apple Music

    Why the economics of streaming music right now argue against paying for music.

    More from The Switch