competition

Age of Obama: Low-Income Workers See Greatest Decline in Wages

We all know what the standard liberal snake-oil response to stagnant wages is: job-killing minimum wage hikes, which also tend to be a big part of the reason income increases grow scarce in the workplace, producing the understandably frustrating wage stagnation people complained about to the NELP researchers and the New York Times. Nothing kills upward mobility for lower-income workers deader than high minimum wages and mandated labor costs like ObamaCare.

Years Of Economic Decline Leave One Third Of Atlantic City's Resident In Poverty

FTC Leak Suggests Google Searches are Biased, Discriminatory

In what is sure to lead to a customer scandal and heighten a U.S. Antitrust Probe, Federal Trade Commission (FTC) staffers determined in an undisclosed report that Google, Inc. allegedly used an algorithm to manipulate search results to favor their own less relevant search over competitors. The alleged Google fraudulent practice only became public when FTC staffers inadvertently shared the document with the Wall Street Journal.

AP Photo/Jens Meyer, File

Samsung is Major Victim of Apple’s iPhone 6 Success

After Apple (AAPL) reported that it had sold $74.6 billion in products and earned a record corporate profit of $18.04 billion profit in a single quarter, Samsung Electronics admitted Thursday that much of Apple’s gain came at its expense. Korea’s former corporate juggernaut reported its lowest annual profit since 2011, with a 32% drop in quarterly profit, to $21.3 billion.

Samsung (Associated Press)