Japan's household spending rises for ninth month but wages fall

Business / Economy Oct 8, 2019

Japan's household spending rises for ninth month but wages fall

Household spending rose for the ninth straight month in August, offering some relief for Japan's export-dependent economy amid weak global demand and the protracted U.S.-China trade war. But separate data released Tuesday showed wages fell for the eighth consecutive month, pointing to further strains on ...

Bernie Sanders accuses Walmart of paying 'starvation wages'

Business / Corporate Jun 6, 2019

Bernie Sanders accuses Walmart of paying 'starvation wages'

Democratic U.S. presidential hopeful Bernie Sanders on Wednesday told Walmart Inc. shareholders and top executives that the world's largest retailer should boost the "starvation"-level wages it pays its workers and stop fueling income inequality. Speaking at Walmart's shareholder meeting, the U.S. senator said: "Despite the ...