About 2 million Americans get a raise Thursday as the federal minimum wage rises 70 cents. The bad news: Higher gas and food prices are swallowing it up, and some small businesses will pass the cost of the wage hike to consumers.Read more »
Times are good for wheat farmers, but they should resist the urge to harvest their crop residue and sell it for ethanol production, a federal researcher says. Read more »
Ford Motor Co. said Thursday it lost $8.67 billion in the second quarter and will retool two more North American truck and sport utility vehicle plants to build small, fuel-efficient vehicles. Read more »
