Minimum Wage

'Local state governments that really understand the economics of their state,” said Ed Rensi.

American companies are feeling the heat from rising wages and be forced to take action.

The minimum wage increase is creating an unintended consequence for small businesses and is forcing one restaurant owner to potentially hike its prices.

Rep. Rashida Tlaib, D-Mich., recently called for a federal minimum wage hike to $20 per hour.

The minimum wage fight continues as a Seattle firm says high wages were a major reason for filing bankruptcy.

The current federal minimum wage is $7.25 per hour.

Stories moving the markets and shaking up the world.

The CBO estimated the Raise the Wage Act could eliminate as many as 3.7 million jobs.

Minority Whip Steve Scalise said the proposal should be alarming to Americans that hope to become part of the middle class.

Stories moving the markets and shaking up the world.

Facebook rolled out their plan Monday to boost wages for their U.S. contract workers.

Amazon raised its minimum wage to $15 per hour in October, but came under fire for phasing out some bonuses and stock awards.

“If you get a job at Bank of America, you’ll make $41,000,” CEO says.

The move is set to boost Democrats' efforts to hike the hourly wages at federal, state and local levels.

More companies are opting to also couple higher wages with new employee benefits to attract workers and mitigate federal scrutiny.

The legislation aims for a $15 minimum wage by 2024.

Independent Vermont Sen. Bernie Sanders called the current minimum a “starvation” wage.

It’s not pretty.

The Vermont senator introduced legislation last year pressuring America’s largest corporations to lift workers’ wages.