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Last Updated 7/21/2018 10:34:31 AM EST


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A transatlantic trade war is brewing. Can it be stopped?
Europe is hoping crunch talks with the United States next week will head off the threat of car tariffs and a transatlantic trade war.

North Korea's economy just had its worst year in two decades
Estimates released by South Korea's central bank show that North Korea's economy shrank by 3.5% in 2017. This year is likely to be even more dire.

Trump rips the Fed for raising interest rates
Read full story for latest details.

China's yuan plunges again. Is a currency war coming?
China's yuan hit its lowest level against the US dollar in over a year on Friday, and has now fallen by more than 8% in the past three months.

Larry Kudlow: No recession in sight, maybe not until 2024
Read full story for latest details.

EU and Japan sign trade deal covering a third of the world's economy
The European Union and Japan signed a huge free trade deal on Tuesday that covers 600 million people.

A New Zealand company tried a four-day work week. It was a 'resounding success'
The company, Perpetual Guardian, said its employees reported lower stress and greater productivity.

Minimum wage since 1938
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.

Texas to pass Iraq and Iran as world's No. 3 oil powerhouse
The shale oil boom has brought a gold rush mentality to Texas, home to two massive oilfields.

Countries with higher wages than the U.S.
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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