New York and California are raising the minimum wage for fast food workers. Out west, the rate will start at $20 per hour beginning in April. Meanwhile, New York will increase rates to $18 per hour starting next month.
Share:
More In Business
Sticky Inflation Could Make an Unwelcome Summer Comeback
After a few months of positive data, the Fed chair says he’s in no rush to cut rates – and this analyst says inflation could stick around for the near future.
Manhattan Real Estate Sees Buyer's Market Shift with Falling Prices
Plus: Jerome Powell's cautious stance on rate cuts raises questions about their impact on residential vs. commercial property buying and lending.
Boeing Is Having a Tough Year. Here’s How It Can Pull Out of a Tailspin
As the DOJ potentially prepares to file criminal charges against Boeing, an industry expert breaks down what went wrong – and how it could make things right.
Powell Says ‘Progress’ on Inflation, But When Will We Reach 2%?
The Fed chair seems pleased with how far inflation has fallen, but according to this analyst, we could be waiting until 2025 to hit that crucial 2% goal.
Quite a Few Interest Rate Cuts Could Be on the Way
While the Fed has made it clear that it won’t consider cutting rates until at least September, one analyst is expecting a whopping seven cuts in a row.
Webtoon Entertainment Goes Public, Raising $315M With IPO
PLUS: Recent studies reveal high mental health issues among animation professionals. Webtoon's COO & CFO weighs in.
It's Five O'Clock Somewhere! Cool Off With Summer's Hottest Cocktails
From the sober-curious to bottle service, Bacardi's North America president offers a few trends for every lifestyle (and every budget).
Core Inflation at Lowest Levels Since 2020 says Fed Guage
Excluding volatile food and energy prices, so-called core inflation rose 0.1% from April to May, the smallest increase since the spring of 2020.
The IPO Market Should Stay Sizzling, Even When Summer Is Long Over
The NASDAQ’s Executive Vice President of Corporate Platforms breaks down why you’ll probably see a lot of companies going public in September and December.
