Claman on Call: McDonald's Workers to Get a Pay Hike


Breaking news on the crucial Iran talks -- they were extended until at least Thursday morning. Secretary John Kerry confirmed he will be staying on and the French foreign minister said he will return to Switzerland.

Former Israeli Ambassador to the United Nations Dore Gold joined FOX Business, reacting to the breaking news and discussing both the potential danger and merits of a nuclear deal with Iran.

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And New Jersey Senator Robert Menendez, (D), was indicted on public corruption charges by a federal grand jury in Newark. This comes after a two-year probe.

Also breaking in the 3 p.m. hour, McDonald's has announced it will raise the pay for U.S. restaurant workers by more than 10%. In addition to increasing pay for its 90,000 workers, the fast-food chain will also add benefits like paid vacation for workers.

The top stock to watch Wednesday was GoDaddy: the website hosting service stock popped on its debut, closing higher by 30%. But skepticism remains on whether or not the company can finally become profitable. As GoDaddy closed higher, the major indices fell for a second day in a row. This comes after disappointing data on private sector job growth and manufacturing activity. And oil saw its biggest jump since February after a slight drop in U.S. crude production last week. Wednesday's jump snapped oil's three-day losing streak.

Now, here is what you need to watch tomorrow: We get initial jobless claims at 8:30 a.m. ET. This will be important to watch just one day ahead of the unemployment report out on Friday.

Be sure to check out all of today's interviews on and tune into Countdown to the Closing Bell every week day at 3 p.m. ET.

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