CVS/Caremark, the largest drugstore in the United States, has announced that starting October 1st it will no longer sell cigarettes and other tobacco products. How do smokers feel about this move? And what kind of hit to revenue will the pharmacy chain take? Erin Ade reports. Then, Erin talks to financial advisor and economic blogger Mike Shedlock. The US economy has seen an uneven recovery over the past four years. Despite the economic expansion, and the Fed's efforts to put a floor under asset prices, many people are feeling the weight of poor wage growth. Will the minimum wage help? Or is the increase in consumer prices the problem? Shedlock gives his view. Afterwards, Erin speaks to Jim Bruce, an award winning documentary filmmaker. His most recent film, "Money for Nothing: Inside the Federal Reserve" warns of a US central banking system that has, "lost its way." Jim believes that the instability of the US economy has only increased once the Fed began taking extreme measures to pump liquidity into the markets via quantitative easing. In the 'Big Deal,' Erin and Boom Bust producer Edward Harrison discuss an innovative solution to the minimum wage problem using e-payments to retail employees based on the Bitcoin algorithm. Also check us out on Facebook -- and feel free to ask us questions: http://www.facebook.com/BoomBustRT ... https://www.youtube.com/watch?v=avhYxbqOYXc

This week, President Obama laid out the case for his expansive trade agenda known as the Trans Pacific Partnership (TPP) agreement. However, members of his own party were the ones providing the pushback, saying that the trade pact is a bad deal for American workers. Labor unions have been particularly vocal about the downsides of TPP, hosting protests and rallies. Erin weighs in. Then, Erin is joined by David Beckworth – assistant professor of economics at Western Kentucky University and adjunct scholar at the Cato Institute. David gives us his take on a recent paper by the IMF that argues there’s not enough public debt is safe asset economics and tells us is the US and Germany would need to expand fiscal policy if they issued more safe assets. After the break, Bianca gives us a daily news update on other major business headlines including US oil production, Tesco, and Yahoo! Japan. Afterwards, Erin sits down with Victor Matheson – professor of economics at College of the Holy Cross. Victor tells us how the increase in NHL revenue will affect the currency salary cap and gives us his take if the salary cap introduced in 2005 has been successful. And in The Big Deal, Erin and Edward discuss Iceland’s radical money plans. ... https://www.youtube.com/watch?v=WrJ8IhmFhho