Our financial system is crumbling this week.

[AWvsCBsteeeerike3]

What kinds of trades actually get executed in a pit these days, anyway?

I'd guess the more complicated ones where both buying and selling either calls/puts have to be exercised at the same time. Though, even those you'd think could be handled on a computer with a simple command that only fills orders if both orders are being filled. But, I'm not sure all platforms have it.

Er, what Michael said.

[pioneer98]

Wal-Mart is raising their lowest wage to $10/hour. They have half a million employees. How many jobs will this destroy? My guess is probably something close to none.

http://money.cnn.com/2015/02/19/news/co ... art-wages/

[AWvsCBsteeeerike3]

Wal-Mart is raising their lowest wage to $10/hour. They have half a million employees. How many jobs will this destroy? My guess is probably something close to none.

http://money.cnn.com/2015/02/19/news/co ... art-wages/

Yeah, but are they still the devil?

[UK]

Wal-Mart is raising their lowest wage to $10/hour. They have half a million employees. How many jobs will this destroy? My guess is probably something close to none.

http://money.cnn.com/2015/02/19/news/co ... art-wages/

Yeah, but are they still the devil?

Yes, although it's a step in the right direction. They still manipulate hours to avoid FT hours to avoid benefits and overtime.

I say that as an employee that works at a place that has employees under 9.00 per hour. They'll never be a Costco.

[Freed Roger]

Good to hear from you UK.

And your profile location...radio shack, may not be valid much longer

[UK]

Good to hear from you UK.

And your profile location...radio shack, may not be valid much longer

I won't know where to get my strobe lights now.

Anytime you want to vent about Walker, I'm here.

[Freed Roger]

Good to hear from you UK.

And your profile location...radio shack, may not be valid much longer

I won't know where to get my strobe lights now.

Anytime you want to vent about Walker, I'm here.

I hear ya. Missouri may become worse than WI with serving the whims of right wing billionaires etc, once the flimsy hedge goes away- our lousy democrat governor.

[docellis]

[ hear ya. Missouri may become worse than WI with serving the whims of right wing billionaires etc, once the flimsy hedge goes away- our lousy democrat governor.

I am legitimately concerned about this.

[pioneer98]

Wal-Mart is raising their lowest wage to $10/hour. They have half a million employees. How many jobs will this destroy? My guess is probably something close to none.

http://money.cnn.com/2015/02/19/news/co ... art-wages/

Yeah, but are they still the devil?

Yeah. They could have increased wages even more without breaking a sweat. This is just a reaction to the union movement and all the attention they've been getting on this topic, IMO. It's also another sign the economy is heating up, too. They are being proactive to try to retain workers because wages are starting to rise. In other words, it's not like they did this out of the goodness of their heart.

[cardsfansince82]

Wal-Mart is raising their lowest wage to $10/hour. They have half a million employees. How many jobs will this destroy? My guess is probably something close to none.

http://money.cnn.com/2015/02/19/news/co ... art-wages/

Yeah, but are they still the devil?

Yeah. They could have increased wages even more without breaking a sweat. This is just a reaction to the union movement and all the attention they've been getting on this topic, IMO. It's also another sign the economy is heating up, too. They are being proactive to try to retain workers because wages are starting to rise. In other words, it's not like they did this out of the goodness of their heart.

I also read a rumor that concurrent with the announcement they told their managers to cut staffing levels by 5%.