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The U.S. House of Representatives voted Thursday to raise the federal minimum wage to $15 an hour, more than double the current $7.25 rate, which has not changed in a decade. The bill is unlikely to clear the Republican-controlled Senate, where Majority Leader Sen. Mitch McConnell of Kentucky has said he will not take it… Read More
A new report from the Congressional Budget Office shows increasing the federal minimum wage to $15 an hour would boost the wages of 17 million workers and lift about 1.3 million people out of poverty. But the CBO warns that could also result in more than one million lost jobs and could diminish overall income for others…. Read More
The House Financial Services Committee is grilling executives from seven banks Wednesday about overdraft fees and executive pay. The hearing comes 10 years after the financial crisis.
Employers added 196,000 jobs in March, bouncing back from February’s weak growth, the Labor Department said Friday. The jobless rate was unchanged at nearly 50-year lows.
Store managers are told to make “every effort” to offer new job options as the greeter position goes away. Workers and their families tell NPR about chaos and anxiety of being in limbo.