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Money & Business - Page 10

'Promposals' are becoming more popular. (Susan Prentice, ThinkStock)
'Promposals' are becoming more popular. (Susan Prentice, ThinkStock)
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High school ‘promposals’ breaking the bank

The growing phenomenon of "promposals," or elaborate invites to the high school prom, are costing the average household $324 in 2015.

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Category: Money & Business, News Tags: ,
A sign advertising job openings outside a McDonalds restaurant in Ohio
A sign advertising job openings outside a McDonalds restaurant in Ohio (AP Photo/Amy Sancetta, File)
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Labor issues to pressure McDonald’s despite pay bump

McDonald's said Wednesday it would raise pay for workers at its company-owned U.S. restaurants, which represent only about 10 percent of more than 14,300 locations.

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Category: Money & Business
Wealth
Purestock, ThinkStock
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Reasons NJ’s recession recovery is moving slowly

It is no secret that New Jersey's recovery from the recession is lagging far behind neighboring states. Democratic legislators have consistently blamed Gov. Chris Christie. At a Senate Budget Committee hearing on Tuesday, Christie's treasurer was asked about the topic and laid out several reasons for the Garden State's slow rebound.

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Revel Casino
The now-closed Revel Casino (Jessica Kourkounis, Getty Images)
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Lender: ‘New’ Revel casino bidders are full of hot air

ATLANTIC CITY, N.J. (AP) -- Revel's main lender said Wednesday that purported new bidders for Atlantic City's former Revel casino are not serious and it wants a bankruptcy court judge to approve its sale to a Florida developer.

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moving house
LuckyBusiness, ThinkStock
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Immigrant influx is helping to fill an economic gap in New Jersey

If it weren't for immigrants, New Jersey's economy would most likely be in even worse shape.

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A builder works on a new apartment building under construction in Phoenix
A builder works on a new apartment building under construction in Phoenix (AP Photo/Ross D. Franklin)
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US construction spending falls for second month in February

U.S. construction spending slipped for the second month in February, pulled down by a drop in single-family home building.

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Category: Money & Business
Philadelphia developer Bart Blatstein speaks at a news conference on in Atlantic City
Philadelphia developer Bart Blatstein speaks at a news conference on in Atlantic City (AP Photo/Wayne Parry)
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Music, bowling, sports, shopping eyed for AC Pier Shops

Philadelphia developer Bart Blatstein swept into Atlantic City on Wednesday and made a bold promise: His newly redone waterfront pier complex will soon be the city's top tourist attraction.

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Luxury Car Sales On The Rise As Buyers Shed Recession Caution
Joe Raedle, Getty Images
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US auto sales tap the brakes in March, but outlook strong

U.S. car buyers stepped on the brakes in March, a sign of a long-expected slowdown in the blistering pace of sales.

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People walk past the Revel Casino Hotel on the boardwalk in Atlantic City
People walk past the Revel Casino Hotel on the boardwalk in Atlantic City (AP Photo/Mel Evans)
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Revel Casino drama – new rival bidder emerges for shuttered hotel

ATLANTIC CITY, N.J. (AP) -- A billionaire Manhattan developer and veteran New Jersey real estate executive are pursuing Atlantic City's former Revel casino, according to a court filing Tuesday.

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Internet Gambling
Graeme Roberstorn, Getty Images
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Morgan Stanley cuts estimate of US online bet market in half

Morgan Stanley has cut its estimate of the potential U.S. Internet gambling market by nearly half.

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