Paying servers the minimum wage has influenced tipping practices in the U.S. Many folks were taught that you should tip 18% or 20% — unless the service is outright horrendous. But wait staff are already making the minimum wage in many cities and, if you add the tips they earn,…
As Tim Scott launches his campaign, here are the Republicans running for president in 2024
The contest to become the Republican Party’s 2024 presidential nominee is heating up, with Florida Gov. Ron DeSantis poised to have an official launch for his campaign this week. In addition, Sen. Tim Scott of South Carolina formally kicked off his White House bid at an event Monday in North…
Breakthrough deal struck to keep drought-ravaged Colorado River flowing — key water source for California
Arizona, California and Nevada advanced a proposed plan to cut their use of drought-ravaged Colorado River water for drinking, washing and hydropower over the next three years. Negotiations around the plan announced Monday have been hard-fought, dividing the states because of big differences in their population size and water use,…
To catch a cheat: How monitors catch illicit gambling activity
Suspicious gambling activity, which can be anything from gambling underage to full-on match-fixing, existed long before 2018 when the Supreme Court struck down the federal sports betting ban. But since sports betting has become legal in more than 30 states nationwide, there have been plenty of scandals even in the regulated…
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U.S. stocks kick off week on cautious note as debt-ceiling talks continue
U.S. stocks saw a mixed start to the week ahead of more government debt-ceiling talks later on Monday, though the S&P 500 and Nasdaq Composite managed to remain near 2023 highs. Meanwhile, investors were weighing remarks by Federal Reserve officials about whether it would be appropriate to hold interest rates…
4 strategies to recession-proof your retirement plan
Protecting your retirement in the face of a potential recession means taking a hard look at your financial plan and making sure you have enough of a safety net if the economy falters later this year or next year.As many as two-thirds (67%) of U.S. adults expect the economy will…
Biden says in Hiroshima press conference that Republicans must ‘move from their extreme positions’ on debt limit
President Joe Biden on Sunday called for Republicans to agree to compromises in debt-ceiling negotiations, as he wrapped up a visit to Japan for a G-7 summit and prepared to fly back to Washington, D.C. “Now it’s time for the other side to move from their extreme positions, because much…
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These are the leading candidates to succeed James Gorman as Morgan Stanley CEO — and what happens next
Morgan Stanley Chief Executive James Gorman said Friday that he plans to step down as the bank’s chief executive officer within a year, observing that the investment bank has a strong bench of internal candidates to serve as its next leader. “ ‘There’s an old saying … that when you…