You Searched For "Wage hike" and got 20 results
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2 mins read
Russia's business elites signal they are tired of propping up the wartime economy
Russia's key interest rate already stands at 16% and analysts polled by Reuters expect the central …
Huileng Tan
2 mins read
The US economy grew way faster than expected this spring
US real GDP blew past expectations in this year's second quarter. It rose 2.8% compared with a fore…
Madison Hoff
4 mins read
The delivery reckoning is here
Gig delivery workers for Uber, DoorDash, and Instacart say they're making less. But customers are p…
Alex Bitter
7 mins read
America is on the brink of an unemployment fiasco
The number of unemployed Americans keeps rising. To keep the US job market from getting worse, the …
Neil Dutta
1 min read
McDonalds is bringing back bagels to boost California sales after state minimum wage hike
McDonald's franchisees in California have said price increases alone won't cover the cost of the st…
Dominick Reuter
3 mins read
The most immediate threat to China's economy isn't external. It's internal.
On Monday, Beijing released new data that underscores the scale of China's domestic consumption pro…
Huileng Tan
3 mins read
Minimum wage workers in 22 states will get a raise at the start of 2024. Here's every state hiking their pay.
Minimum wage workers in New York, Ohio, Maine, and many other states will see pay increases on Janu…
Juliana Kaplan,Madison Hoff
3 mins read
Fast-food restaurants in California are laying off workers to prepare for the $20 minimum wage hike
Two Pizza Hut franchisees in California are among those who are laying off workers, federal WARN fi…
Grace Dean
4 mins read
Fed rate hikes are creeping back into the conversation
Wall Street strategists expect the Fed to stay cautious, and ex-Treasury Secretary Larry Summers sa…
Phil Rosen
1 min read
MGNREGA wages get a 3-10% hike, average pay to go up by ₹28/day
The Centre has notified a 3-10 per cent increase in the wage rates for workers under the Mahatma Ga…
2 mins read
Inflation will rebound first before ultimately falling as wages and global conflicts push prices higher, BlackRock's chief investment strategist warns
Inflation is on a rollercoaster descent that could see prices swing higher into 2025, Wei Li warned.
Jennifer Sor
2 mins read
A key Russian CEO just highlighted the clash between stabilizing the economy and growing business in wartime
The country's top central banker, Elvira Nabiullina, has hiked interest rates up to 16% to tame inf…
Huileng Tan
7 mins read
Uber and Lyft drivers are desperate for tips. Riders don't shell out, but they'll tip three times as often for food delivery.
Uber and Lyft drivers often struggle with low or infrequent tips, which many rely on to pay bills, …
Noah Sheidlower,Jacob Zinkula
2 mins read
Say goodbye to any hope of a rate cut next month
The 272,000 jobs added in May exceeded all 77 estimates collected by Bloomberg.
Filip De Mott
2 mins read
The boss of Russia's biggest bank said the country's economy is 'definitely and strongly overheated'
Russia's economy is driven by wartime activities, government subsidies that steady the economy, and…
Huileng Tan
2 mins read
We finally have some evidence that California's new $20 fast food wage is hurting business
New data shows that foot traffic to California fast-food chains declined in April and May after the…
Grace Dean
2 mins read
Steep wage hikes for union workers mark the 'final echo' of the inflation surge, Goldman Sachs says
Wage growth for union workers is a lagging indicator, not a leading one, according to Goldman Sachs…
Phil Rosen
2 mins read
There's a 'meaningful' chance the Fed's next move is a rate hike, former Treasury Secretary Larry Summers says
"There's a meaningful chance, maybe it's 15%, that the next move is going to be upwards in rates, n…
Yuheng Zhan
2 mins read
Recession seems almost certain with 19 states in trouble already, expert warns
A top economist, Nancy Lazar, expects stricter bank lending and steeper interest rates to crush gro…
Theron Mohamed
1 min read
Minimum-wage workers in Turkey just got a 49% pay rise, but they're probably not that happy about it
Turkey's Labor Minister Vedat Isikhan announced the country's minimum wage will increase 49% to 17,…