Chicago, Los Angeles embrace universal basic income
Chicago and Los Angeles will launch universal basic income pilot programs, with applications opening tomorrow.
Costco reportedly raises minimum wage to $17 an hour
Costco has raised its minimum wage to $17 an hour this week, according to reports.
Newsom signs fee-free public banking law backed by 'Fight for 15'
California Gov. Gavin Newsom has signed a bill into law that explores fee-free banking provided by the state.
Pelosi announces House staff can make more money than members of Congress
House Speaker Nancy Pelosi on Thursday announced a major pay boost for top House staff members that will allow them to make more money than elected members of Congress.
CVS boosts wages as profits rise on COVID-19 vaccinations, tests
CVS Health will hike its minimum wage for employees to $15 per hour starting in July 2022, with incremental increases set to begin this month.
Higher wages: Biden draws ire of restaurant industry over comments
After President Biden’s comments to restaurant owner John Lanni that he will "be in a bind for a little while," unless restaurateurs improve wages, some in the industry are speaking out.
Chipotle higher menu prices help it beat quarterly comparable sales estimates
Chipotle Mexican Grill Inc beat estimates for quarterly comparable sales and restaurant margins on Tuesday.
Democrats' plan for $15 minimum wage a jobs killer: Grover Norquist
Americans for Tax Reform President Grover Norquist discusses Democrats' plans for the minimum wage.
Delaware Dem lawmakers pass bill raising minimum wage to $15 per hour by 2025 over Republican objections
Delaware’s General Assembly passed a bill to raise the state’s minimum wage to $15 per hour by 2025 along party lines late Thursday, sending it to the governor’s desk.
Former McDonald's CEO warns $15 minimum wage directly contributing to fast-food industry's automation push
Last month, McDonald's announced plans to raise the starting hourly wage range to $11-$17 per hour for crew and $15-$20 per hour for shift managers.
Amazon rolls out ZenBooth for warehouse employees
The tiny booths, also known as "Mindful Practice Rooms," are part of the e-commerce giant's recently announced WorkingWell program.
Biden to deliver 'major' speech on the economy, defending his record and pushing massive new spending
President Biden is set to deliver a "major" speech on the economy Thursday afternoon in Cleveland, Ohio, and is expected to tout his record, saying it is "working," while pushing new spending plans as the economy stands at an "inflection point."
AutoZone would hike prices to combat impact of $15 minimum wage
AutoZone says the federal government mandating a $15 per hour minimum wage would result in the company raising prices in order to offset the higher labor costs.
Bank of America hikes minimum wage to $25 per hour
Bank of America’s minimum wage will be up to $25 an hour by 2025.
Biden's proposed capital gains tax hike might hit wealthy Americans with 57% rate, study shows
President Biden's coming proposal to increase capital gains taxes for the richest Americans could push the rate paid by investors when they sell stocks and other assets as high as 56.7% in some states.
Biden administration to issue executive order to increase minimum wage for federal contractors
The Biden administration is expected to issue an executive order Tuesday that will require all federal contractors to pay their employees working on federal projects a $15 minimum wage.
Bernie Sanders throws minimum wage shade at fellow Sens. Chris Coons and Tom Carper
Sen. Bernie Sanders called out a pair of Delaware Democrats for opposing his longtime effort to raise the federal minimum wage.
Kroger closes 2 Southern California stores over $4 per hour 'hero pay' ordinance
Retail chain Kroger closed two California stores Saturday after Long Beach City approved a coronavirus "hero pay" ordinance.
Romney, Sinema join forces to raise federal minimum wage
Sens. Mitt Romney and Kyrsten Sinema are working together on a proposal to raise the federal minimum wage after congressional Democrats failed to include a $15-an-hour hike in their coronavirus relief bill last month.
'Six Degrees' star Mike Rowe weighs in on minimum wage debate
The Emmy-winning TV host's latest series "Six Degrees" is premiering Sunday on Discovery Channel.