February data reveals that wage increases surpass inflation.
Economic Update: Wages and Job Market Insights Kevin Hassett, the Director of the National Economic Council, shared his favorable view on President Trump’s recent State of the Union address during a segment on Kudlow. The latest employment report from the Department of Labor reveals that wage increases for American workers are outpacing inflation significantly. According […]
‘Jim Snow 2.0’: Critics slam Mamdani’s $19 snow jobs following $30 wage promise
New York City Mayor’s Wage Proposals Spark Controversy Mayor Zoran Mamdani of New York City has, in a significant part of his campaign, promised to elevate the minimum wage to $30 by 2030. His proposal outlines a phased approach, reaching $20 per hour by 2027, $23.50 in 2028, $27 in 2029, and, finally, $30 in […]
Wisconsin seeks $1 million from Burger King franchisee over claims of child labor and wage breaches
Wisconsin Targets Burger King Franchise for Child Labor Violations Wisconsin officials are pursuing over $1 million in penalties from Burger King franchise operators after uncovering more than 1,600 instances of child labor and wage law violations impacting hundreds of young workers in the state. The Department of Workforce Development (DWD) reported that Cave Enterprises Operations […]
Tom Suozzi, a Democrat, Claims Wage Increases Hurt ‘Affordability’
Democratic Rep. Tom Suozzi on Immigration and Affordability Concerns Representative Tom Suozzi, a Democrat from New York, recently expressed concerns regarding reduced immigration and the subsequent wage increases, arguing that this situation contributes to issues surrounding “affordability,” as reported by News Nation on Tuesday. Suozzi stated, “We need to expand our affordability agenda beyond just […]
Jonathan Turley: Symbolic anger takes the place of law as Democrats wage war on enforcement
“Say her name.” This phrase is resonating from Portland to Philadelphia as politicians express outrage over the shooting of Renee Nicole Good in Minneapolis. While some argue that the shooting aligns with the Supreme Court’s criteria for justifiable deadly force, others are attempting to use Good’s case as a rallying point for what they call […]
Japanese Yen falls against USD as wage data raises concerns about BoJ policy
The Japanese yen is seeing some bullish activity after a slight drop during Asian trading on Thursday. However, there’s a noticeable lack of strong conviction from buyers, largely due to mixed signals in the market. The yen seems to be gaining from an increasing belief that the Bank of Japan will maintain its policy course, […]
New state laws in 2026 introduce increases in minimum wage and limitations on SNAP benefits
The upcoming year is set to bring notable changes for taxpayers as various state laws take effect nationwide. These laws will affect American finances through higher minimum wages, the introduction of a new tourism tax in Hawaii, and other measures aimed at addressing cost-of-living challenges. In conjunction with these developments, many states are also tightening […]
Nineteen states will increase their minimum wage on January 1, 2026.
Panel Discussion on Economic Forecast and Minimum Wage Changes A discussion on “The Big Money Show” will cover President Donald Trump’s positive economic outlook, including rising real wages, job growth in the private sector, and upcoming tax refunds, and how these factors could influence the midterm elections in 2026. In the U.S., many workers earning […]
Minimum wage will reach $17 in NYC and $16 elsewhere in the state starting January 1 as required pay increases for millions nationwide.
Minimum Wage Increase in New York for 2024 New Yorkers will notice a change to their minimum wage on New Year’s Day, as it will rise to $17 per hour in New York City, Westchester, and Long Island, while the rest of the state will see it set at $16 hourly. This $0.50 increase marks […]
Japanese Yen rises as wage increases boost expectations for a Bank of Japan interest rate increase.
The Japanese yen held a strong position against the US dollar during Asian trading on Monday, supported by hawkish signals from the Bank of Japan (BOJ). Data indicating wage growth in Japan has solidified market expectations for an interest rate hike by the BOJ in December. This change could alleviate the negative impact of disappointing […]