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.
Tipping expectations have increased. A 2023 survey revealed that approximately 72% feel they are now asked to tip service workers more often than before.
Inflation-weary Americans are still spending money every month, but the April numbers show they’re starting to cut back on a few types of expensive purchases.
You don’t have to be an Olympic-level athlete to wear On’s shoes or apparel, but the company will use the 2024 games to continue growing its footprint.