On Saturday, President Obama stated that he wants the next chairman of the Federal Reserve to not just be an economic wonk but to actively promote policies that will advance the welfare of ordinary citizens. This was right on the heels of the president’s speech about his economic agenda, which is focused heavily on shoring […]

Kelley L Cox-USA TODAY Sports With the loss to the Oakland Athletics on Friday night, the Los Angeles Angels (48-53) need to realize that their playoff hopes are over and should start focusing on building for the future. Let’s face it, pretty much everything that could have gone wrong for the Angels went wrong this year: Albert Pujols and Josh Hamilton have performed […]

In the run-up to Sunday’s national election, both the ruling CPP and opposition Cambodia National Rescue Party (CNRP) have dug deep in their arsenal of incentives to win over the largest segment of the country’s industrial workforce: garment workers. On May 1, the government announced an increase to the minimum wage for garment workers from […]

PARIS: French carmaker Renault said on Friday it had increased first-half profitability at its core manufacturing division despite falling sales, riding out Europe’s sustained market slump with new models and a firm hand on costs.While the bottom line was weakened by lost business in sanctions-hit Iran, incurring a 512 million-euro ($678 million) charge, operating profit […]