Wal-Mart Asks Workers To Donate Food To Its Needy Employees

An Oklahoma Wal-Mart store is holding a food drive for its own employees, according to labor organizers. The group Making Change At Wal-Mart posted a photo of the food drive to its Facebook page on Thursday. The photo shows a cardboard bin with a sign attached that reads:

Part-time jobs put millions in poverty or close to it

Seven million Americans are stuck in part-time jobs. They are unable to get full-time work and the benefits and stability that come with it. It’s a constant struggle for these families and a worrying sign for America’s recovery.

The Fed is worried about the stock market

The Federal Reserve is not supposed to care about the stock market. It only has two official mandates: make sure enough Americans are working and ensure prices of consumer goods stay relatively stable.

Senior Citi Banker Found Dead In Bathtub With Slashed Throat

The dust has barely settled on the latest high profile banker suicide in which Deutsche Bank’s associate general counsel, and former SEC regulator, Charlie Gambino was found dead, having hung himself by the neck from a stairway banister, and here comes the latest sad entrant in the dead banker chronicles of 2014 when earlier today, the Post reports, a Citigroup banker was found dead with his throat slashed in the bathtub “of his swanky downtown apartment, authorities said Wednesday.” More: Shawn D.

Rich hoard cash as their wealth reaches record high

The amount of individuals that hold more than $30 million in assets has climbed to a new record in 2014, according to a global survey on Wednesday, which also warned that a lack of diversification meant that this wealth is not protected from shocks to the financial system. 12,040 of these new ultra high net worth (UHNW) individuals were minted in the year ending June 2014, said the Wealth-X and UBS World Ultra Wealth Report released on Wednesday. This meant a 6 percent increase from last year which pushed the global population of these millionaires to a record 211,275.

21 Facts That Prove That Dependence On The Government Is Out Of Control In America

If you could stay home and watch television, play video games and hang out with your friends all day at government expense, would you do it? Of course most Americans that collect money from the government each month are not abusing the system. Many truly are incapable of taking care of themselves, and others are just receiving government benefits (such as Social Security) that they feel that they have earned by a lifetime of hard work.

Israel economy shrinks for first time in more than 5 years

Israel’s economy contracted for the first time in more than five years in the third quarter, as growth was hit by the effects of a war with Islamist militants in Gaza. Gross domestic product fell 0.4 percent in the July-September period, the Central Bureau of Statistics said on Sunday.

David Cameron warns of looming second global crash

David Cameron has issued a stark message that “red warning lights are flashing on the dashboard of the global economy” in the same way as when the financial crash brought the world to its knees six years ago. Writing in the Guardian at the close of the G20 summit in Brisbane, Cameron says there is now “a dangerous backdrop of instability and uncertainty” that presents a real risk to the UK recovery, adding that the eurozone slowdown is already having an impact on British exports and manufacturing. His warning comes days after the Bank of England governor, Mark Carney, claimed a spectre of stagnation was haunting Europe.

5 reasons to worry about the world economy

There’s little reason for cheer in Europe. While Germany narrowly avoided a recession in the third quarter, the latest numbers show the $13 trillion eurozone economy is stuck in first gear. High unemployment, high debt and a lack of investment continue to hold the region back.

Cattle Prices Hit Record High

Prices for slaughter-ready or cash cattle in the U.S. Plains hit an all-time high on Friday, fueled by an early winter storm at a time of the smallest herd since the early 1950s.

Japan enters recession in second quarter

Japan reported Monday that its economy contracted at a real annual rate of 1.6 percent in July-September, in a second straight quarterly decline that returned the country to recession. A steep drop in residential investment failed to offset a modest recovery in exports, the government reported.