Central banks can’t save the markets from a crash. They shouldn’t even try

Central banks can’t save the markets from a crash. They shouldn’t even try

Alarming data from China was met with a soothing hint about monetary policy. But treasuries cannot keep pumping cheap credit into a series of asset bubbles

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Mad Max Ubers Are Driving Around Seattle

Mad Max Ubers Are Driving Around Seattle

If you live in Seattle and you need a ride to Valhalla, you’re in luck. The driver-on-demand app Uber is running a promotion with the new Mad Max video game that puts passengers inside post-apocalyptic-inspired vehicles.

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Step inside a restaurant where no one takes your order or serves you

Step inside a restaurant where no one takes your order or serves you

I must admit that I fully expected to dislike Eatsa, a new restaurant slated to open next week in San Francisco with a sleek, 21st-century take on the famous Horn & Hardart Automat. In the late 1980s, when I was a summer intern in New York, working in the Daily News Building, the last remaining Horn & Hardart Automat was right around the corner. The cafeteria chain that operated in Philadelphia and New York was in its twilight then…

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Lenovo Installing Immortal Crapware

Lenovo Installing Immortal Crapware

Lenovo has again been caught playing fast and loose with customers’ privacy and security. First, it was Superfish. Now, it’s vulnerable crapware that won’t go away, even if you reformat or replace your hard drive. Read on for the full story…

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Bank of America to pay $36 million in California overtime infraction case

Bank of America to pay $36 million in California overtime infraction case

A subsidiary of Bank of America has agreed to settle with 365 current and former employees for $36 million over charges it failed to pay overtime, an Oakland lawyer who brought the case said Thursday. The settlement comes just under the wire: It was slated to go to trial on Aug. 31, but the $36 million settlement, if and when it is approved by the court, now resolves all claims.

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The “Paid-What-You’re-Worth” Myth

The “Paid-What-You’re-Worth” Myth

It’s often assumed that people are paid what they’re worth. According to this logic, minimum wage workers aren’t worth more than the $7.25 an hour they now receive. If they were worth more, they’d earn more. Any attempt to force employers to pay them more will only kill jobs.

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