Small Business

U.S. Extends Overtime Pay to 4.2M Salaried Workers

The Obama administration on Tuesday unveiled the final version of a long-awaited and controversial rule to extend overtime pay to 4.2 million U.S. workers, which marks one of the administration's most significant moves to address stagnant wages.

NFIB President: Overtime Rules Would Sock Small Business

The National Federation of Independent Business’s (NFIB) gauge of small business optimism showed improvement in April, but the firm’s leader said new regulations concerning overtime rules might put that positive feeling on ice.