Economics & Economy

Sam Harnett

You have probably come across the phrase "wage hike" a lot lately, especially since 19 states increased the minimum wage in January.

It's used by journalists everywhere, and that's no surprise to Katherine Connor Martin, head of U.S. dictionaries at Oxford University Press, publishers of the Oxford English Dictionary. “‘Hike’ is a typical journalist word because it makes its copy punchier, it helps avoid redundancy, and it fits better in a headline,” she said.

02/20/17: An economics linguistic lesson

Feb 20, 2017
Sam Harnett

President Donald Trump picked his new National Security Adviser today. Army Lt. Gen. H.R. McMaster will replace Michael Flynn, who resigned after withholding information about a call with Russia's ambassador. Tomorrow, Scott Pruitt -- another high-profile appointee -- will take his job as the head of the Environmental Protection Agency.  Pruitt has a complicated past with his new agency. He sued the EPA 14 times when he the was Attorney General of Oklahoma. The Trump administration has said it wants to move quickly to dismantle some of the Obama administration's regulation.

Canada increases immigration to build its workforce

Feb 20, 2017

How an old shipyard became a home for hardware startups

Feb 20, 2017
Stephanie Hughes and Bruce Johnson

New York City is known for lots of things, but having plenty of space isn’t one of them. And space is what you need when you’re creating hardware--the actual stuff that makes our technology work.

New Lab is a new facility located in the Brooklyn Navy Yard, a massive building that was once used to build ships. Now, New Lab is receiving a tax credit to house companies that are building new hardware. But if those companies are successful, will they able to remain in New York City?

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