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10,000 Hard Rock Employees Getting Raises as Part of $100 Million Plan
The company says the plan is designed to help employees deal with persistent inflation, and to help the company attract and retain top talent, lessening turnover.
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Minor League Players, MLB Reach Deal in Minimum Wage Suit
Minor league players and Major League Baseball have reached a settlement in a lawsuit alleging teams violated minimum wage laws. Terms of the settlement were not filed with the court Tuesday and details were not released.
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Target Raising Minimum Wage Up to $24 an Hour for Some Workers
Target says it is raising its minimum wage up to $24 an hour for workers in stores and distribution centers in competitive markets.
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A Petition for an $18 Minimum Wage Is Gaining Signatures in California. What That Means for the Hourly Worker
The Living Wage Act of 2022, which aims to raise California’s minimum wage to $18, began to collect signatures in February.
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Martin Luther King Jr. Advocated for Guaranteed Income. Now Experiments Are Taking Place in His Hometown and Other Cities Around the Country
A new program plans to give Black women in Georgia up to $850 in guaranteed income per month. Similar experiments are also taking place across the country.
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Economist: There's ‘Absolutely' No Sign Pay Hikes Will Slow Anytime Soon
Economists say employers will continue to give big pay raises, but they won’t solve the labor shortage and could contribute to rising inflation.
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Biden's $15 Minimum Wage Hike for Federal Agencies Is Now in Effect
Federal agencies were told on Friday to raise the minimum wage to $15 for workers, according to a memo from the Office of Personnel Management.
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Petition for $2,000 Monthly Stimulus Checks Has 3 Million Signatures. ‘Americans Need Some Certainty,' Says Restaurateur Who Started It
Restaurant owner Stephanie Bonin started a petition for monthly payments in March 2020. Nearly two years later, the cause still resonates with many Americans.
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New Laws to Take Effect Across US on Abortion, Policing, Taxes
Minimum wage increases, animal protections, police accountability, cutting and increasing taxes are all part of a series of new laws taking effect across the country on Saturday, the first day of 2022.
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More Than Half of U.S. States Will Raise Their Minimum Wage in 2022, But Employers Are Hiking Pay Faster
Twenty-six U.S. states will raise their minimum wage in 2022. Activists have pushed for $15 an hour, but some are setting their sights on an $18-per-hour rate.
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Here's Where Workers Can Earn a $15 Per Hour Minimum Wage
A push to raise the federal minimum wage to $15 per hour failed this year. Now, many states are poised to raise their own minimum pay next year.
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Savings Gap Widened During Covid-19 Pandemic. Here's Who Was Impacted the Most
As lawmakers debate whether to give Americans more aid through the Build Back Better Act, a survey shows that the savings gap has widened.
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Investor Peter Boockvar Blames Fed Policy ‘Mistake' for Surging Housing and Auto Prices
Bleakley Advisory Group’s Peter Boockvar believes the Federal Reserve should have pulled back its pandemic aid policies much sooner.
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Tax Credit Aimed at Low- to Middle-Income Workers Was Expanded Amid Covid-19. Who Stands to Benefit Most
The earned income tax credit has been made more generous. That means some workers could see bigger tax refunds next year.
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Almost Half of U.S. Families With Young Children Face High Risk of Poverty Due to Insecure Employment, Research Shows
Almost half of American families with young children have had a high risk of falling into poverty. That could have lasting effects on their children’s lives.
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Food Banks See ‘Perfect Storm' of High Demand, Inflation and Supply Chain Shortages Heading Into Thanksgiving Holiday
Last Thanksgiving was characterized by long lines for food. This year, food banks say they’re still seeing high demand, along with new economic challenges.
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Costco Has Raised Its Minimum Wage to $17 An Hour
Costco said the move was spurred on by a need to keep their pay competitive in today’s job market.
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Starbucks Giving Employees Raises, Upping Minimum Wage
Starbucks is giving workers a raise, as restaurants nationwide are struggling to find enough people to serve customers.
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How Chipotle Feels About Spending $2 Billion a Year on Labor
Amid a national debate about labor shortages in service industries like fast food and wage inflation, Chipotle says thinking of workers as a cost is a mistake.
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These 8 Money Moves Can Help You Make Up for Lost Income
As the Covid-19 recovery continues, many Americans are looking to replace jobs or income they’ve lost. These ideas can help you revamp your strategies.