Amazon’s announcement that it will raise its minimum wage to $15 an hour is a smart political move for its owner, and it will cost the company almost nothing.

The Permian Basin in West Texas is producing vast amounts of oil, but a lack of infrastructure threatens the profitability for some companies. 

According to the Treasury, the government’s national debt jumped in the fiscal year ending September 30 from $20.2 trillion to $21.5 trillion, or by $1.3 trillion.

The Conference Board's report on consumer confidence in September, released earlier this week, caught forecasters by surprise once again.

Thanks to the Trump tariffs on Chinese goods, the CEO of America’s last remaining manufacturer of flatware expressed optimism that his business would benefit greatly.

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