Economic Indicators

Ski resort leaders, businessman indicted on fraud charges

The former owner and former president of a Vermont ski resort accused in a multimillion-dollar fraud case have been indicted on multiple federal charges over a failed plan to build a biotech facility using foreign investors' money.

Business Highlights

___ US stocks fall on mixed earnings, trade tensions; oil slumps U.S. stocks closed lower Wednesday, weighed down by mixed corporate earnings from big retailers and uncertainty over the trade spat between the U.S. and China.

How major US stock indexes fared Wednesday

Stocks ended lower on Wall Street Wednesday, weighed down by mixed corporate earnings from big retailers and uncertainty over the trade dispute between the U.S. and China.

Capitalism vs. income redistribution, explained

What do you honestly think would happen to total income if everyone who worked, no matter how hard, was only able to receive the average income and everyone who didn’t work, or worked very little, also received the very same average income?