The New Jersey legislature approved a 23 cent gas tax hike. Both houses of the state legislature voted on the measure Friday, approving the move 23 to 14 in the senate and 45 to 27 in the assembly.
Donald Trump's senior economic adviser, David Malpass, likes to use the broader measure of unemployment U6 when talking about the nation's jobless rate. But most economists believe U3 is a more accurate reflection of unemployment. It's been the accepted measure since the 1930s.
Nordstrom decided to oust Moschino's medication-themed collection from its stores and website after customers complained that it trivialized the opioid epidemic in America.
Hurricane Matthew has brought Silicon Valley together. Tech companies have poured money into New Story, a nonprofit that builds sustainable homes for those displaced by natural disasters.
The Gap has struggled this year, along with many other mall-based retailers. Fast fashion is still hurting Gap and Banana Republic. But Old Navy sales have finally bounced back. And that's good news for the whole company.
There are rumors that Whole Foods could sell out to supermarket king Kroger. But a deal may not make much sense. Kroger already has a big organic business. And plunging food prices are a problem for Kroger and the whole industry.
In advanced economies, there's evidence that 1% of GDP spent on infrastructure can lead to a 1.5% increase in GDP within 4 years. The entire world, not just America, needs to invest in a strong, sustainable infrastructure.