Economy News

Biden's plan for a $15 minimum wage could mean 1 in 5 Americans earn more. Nearly a third of Black workers would get a raise, research suggests. — Biden's plan for a $15 minimum wage could mean 1 in 5 Americans earn more. Nearly a third of Black workers would get a raise, research suggests.
27 Jan 2021, 18:48 by Grace Dean

Only 1 in 10 companies expect all their staff to return to the office when the pandemic dies down, a new report suggests — Only 1 in 10 companies expect all their staff to return to the office when the pandemic dies down, a new report suggests
27 Jan 2021, 18:17 by Kate Duffy

How Bernie Sanders hopes to make the $15 minimum wage a reality - whatever happens with Joe Biden's stimulus — How Bernie Sanders hopes to make the $15 minimum wage a reality - whatever happens with Joe Biden's stimulus
27 Jan 2021, 01:48 by Juliana Kaplan

Top Democrats introduce a bill to raise the minimum wage to $15 by 2025, raising pay for 32 million Americans — Top Democrats introduce a bill to raise the minimum wage to $15 by 2025, raising pay for 32 million Americans
26 Jan 2021, 23:47 by Ayelet Sheffey

Raising the federal minimum wage through budget reconciliation would be 'a stretch,' House Budget Chairman says — Raising the federal minimum wage through budget reconciliation would be 'a stretch,' House Budget Chairman says
26 Jan 2021, 21:47 by Ayelet Sheffey

IMF projects 11.5% growth rate for India in 2021, only major economy to record double digit growth — IMF projects 11.5% growth rate for India in 2021, only major economy to record double digit growth
26 Jan 2021, 20:04

Billionaires made $3.9 trillion during the pandemic - enough to pay for everyone's vaccine — Billionaires made $3.9 trillion during the pandemic - enough to pay for everyone's vaccine
26 Jan 2021, 19:17 by Juliana Kaplan

American billionaires added $1.1 trillion in wealth during the pandemic — American billionaires added $1.1 trillion in wealth during the pandemic
26 Jan 2021, 16:47 by Juliana Kaplan

UK unemployment hits highest level in 5 years, but government support limits pain during new COVID lockdowns — UK unemployment hits highest level in 5 years, but government support limits pain during new COVID lockdowns
26 Jan 2021, 15:17 by Harry Robertson

8 million Americans have fallen into poverty in recent months as government benefits lapse, a new study finds — 8 million Americans have fallen into poverty in recent months as government benefits lapse, a new study finds
26 Jan 2021, 01:47 by Ayelet Sheffey

A $15 minimum wage would barely hurt business and be life-changing for many workers — A $15 minimum wage would barely hurt business and be life-changing for many workers
25 Jan 2021, 23:53 by Juliana Kaplan

Bernie Sanders says Democrats will use reconciliation to pass Biden's $2 trillion stimulus package. Here is how that would work. — Bernie Sanders says Democrats will use reconciliation to pass Biden's $2 trillion stimulus package. Here is how that would work.
25 Jan 2021, 23:49 by Ayelet Sheffey

Workers lost $3.7 trillion in earnings during the pandemic. Women and Gen Z saw the biggest losses. — Workers lost $3.7 trillion in earnings during the pandemic. Women and Gen Z saw the biggest losses.
25 Jan 2021, 23:19 by Juliana Kaplan

Biden to sign off on $400 billion campaign pledge for federal agencies to buy American-made goods — Biden to sign off on $400 billion campaign pledge for federal agencies to buy American-made goods
25 Jan 2021, 21:50 by Ayelet Sheffey

The world's 1,000 richest people have already bounced back from COVID-19 wealth losses, but it could take more than a decade for the poorest to recover, Oxfam warns — The world's 1,000 richest people have already bounced back from COVID-19 wealth losses, but it could take more than a decade for the poorest to recover, Oxfam warns
25 Jan 2021, 19:47 by Kate Duffy

Stop saying millennials 'killed' the American Dream. They're actually reviving it. — Stop saying millennials 'killed' the American Dream. They're actually reviving it.
24 Jan 2021, 19:24 by Hillary Hoffower

Millions of Americans have been out of work for more than 6 months - these 2 charts break down who the long-term unemployed are — Millions of Americans have been out of work for more than 6 months - these 2 charts break down who the long-term unemployed are
23 Jan 2021, 20:17 by Madison Hoff,Juliana Kaplan

Biden just signed an executive order to expand food stamps and send stimulus checks to people who haven't already received one — Biden just signed an executive order to expand food stamps and send stimulus checks to people who haven't already received one
23 Jan 2021, 05:22 by Ayelet Sheffey,Joseph Zeballos-Roig

The Dept. of Transportation will prioritize climate change in support of Biden’s $2 trillion infrastructure plan, Buttigieg tells Congress — The Dept. of Transportation will prioritize climate change in support of Biden’s $2 trillion infrastructure plan, Buttigieg tells Congress
23 Jan 2021, 02:17 by Ayelet Sheffey

US business activity picks up as manufacturing gauge hits record high, IHS Markit says — US business activity picks up as manufacturing gauge hits record high, IHS Markit says
22 Jan 2021, 23:17 by Ben Winck

US consumer spending leaps as late-December stimulus hits households, Bank of America says — US consumer spending leaps as late-December stimulus hits households, Bank of America says
22 Jan 2021, 21:48 by Ben Winck

Recession in India will end latest by March, says a top economist — Recession in India will end latest by March, says a top economist
22 Jan 2021, 10:09 by Sanchita Dash

Janet Yellen isn't likely to immediately revive the Fed's expired relief programs, report says — Janet Yellen isn't likely to immediately revive the Fed's expired relief programs, report says
22 Jan 2021, 02:19 by Ben Winck

900,000 people filed for unemployment the week before Biden took office. Here is how the administration is planning to help jobless Americans. — 900,000 people filed for unemployment the week before Biden took office. Here is how the administration is planning to help jobless Americans.
22 Jan 2021, 01:17 by Ayelet Sheffey

US home starts gained to best rate since 2006 to close out the housing market's triumphant year — US home starts gained to best rate since 2006 to close out the housing market's triumphant year
22 Jan 2021, 00:17 by Ben Winck

Birla is making Asian Paints and Berger Paints change colours⁠— and it’s bad news for those who got shares in Indigo IPO too

An American electric car maker explains why it took a different route than Elon Musk’s Tesla, Tata Motors or Mahindra

Microsoft stock jumps after reporting cloud and Windows revenue that beat Wall Street estimates

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