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News & Information
News & Information
Source: Washington Post
Helicopter aficionado and Park Avenue resident Donald Trump said Monday morning that the rich should pay more in taxes than the middle and working classes.
Most notably, the Yuan devaluation has fueled a global currency crisis as the currencies of nations competing with Asia are also under pressure. Worse, the crisis in currency and commodity markets has spread over into equity...
Some workers across the city are left telling bosses to give them fewer hours at the higher wage because a full week’s earnings now puts them past the threshold for some welfare payments such as food stamps and assistance with...
July 23, 2015 New York Acts to Mandate $15 Minimum Wage in Fast FoodSource: NY Times
The labor protest movement that fast-food workers in New York City set off nearly four years ago has led to higher wages for workers all over the country. On Wednesday, it finally paid off for the people who started it.
June 24, 2015 The middle class is struggling to make the rentSource: CNN Money
One in five renter households making $45,000-$75,000 a year are considered "cost-burdened," meaning they spend more than 30% of their income on rent, according to Harvard's State of the Nation's Housing 2015 report.
Source: The Economic Times
NEW YORK : Ikea's US division is raising the minimum wage for the second year in a row as the Swedish ready-to-assemble furniture chain looks to improve its relations with workers and reduce worker turnover.
June 22, 2015 Top U.S. CEOs make 300 times what workers earnSource: CBS MoneyWatch
How do you value the efforts of America's top chief executives? Are they worth 10 times what their average worker makes, 20 times or even 100 times?
Source: The Motley Fool
It's been the same song and dance for Caterpillar (NYSE: CAT ) and its shareholders over the last couple of years: annual declines in revenue and operating profits, accompanies by a stock price stuck in neutral. In 2012,...
June 12, 2015 Americans’ Net Worth Reaches High of $84.9 TrillionSource: Wall Street Journal
Americans’ combined wealth set a fresh record in the first quarter amid rising home values and stock prices, a trend that could prop up economic growth, though consumers also showed some caution when borrowing in a sluggish...
June 11, 2015 $15-an-hour minimum wage passed in L.A.Source: News 10 Tampa Bay
LOS ANGELES – The Los Angeles City Council Wednesday approved a 66% hike in the minimum wage to $15 an hour, a widely watched move by companies already fearing a upward trend in labor costs.
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