During the past two years, we have seen signs that wage pressure is building as the economic recovery grinds on. Enough evidence has now accumulated to suggest that it is already happening. The latest data, courtesy of the Census Bureau, which released its annual update on incomes and poverty yesterday, showed that median household income increased a whopping 5.2 percent ...

  Two back-to-back stinging defeats have rattled German Chancellor Angela Merkel’s Christian Democratic Union (CDU). The internal splits are palpable now. Even though Merkel has dropped the “we can do it” rallying cry on migrants, she has refused to put a cap on migration. This is a bold and righteous move, but to convince her coalition partners about her stand ...

  From Erie in the west to Scranton in the east, Pennsylvania is flecked with casualties the stubborn economic sluggishness and relentless globalization have inflicted on industrial communities. But in this middle-class Philadelphia suburb, Tom Danzi knows that the economy is denting even his business repairing damaged cars. His Suburban Collision Specialists once had 27 employees kept busy by drivers ...