The minimum wage of $15 an hour seemed like a lofty goal when labor activists began “fighting for $15” a decade ago. At the time, the minimum wage in New York was $7.25. But now that Long Island’s minimum wage hit $14 to $15 on Dec. 31 — hyperinflation has swallowed up the increase, leaving … Read more
flood CNN – President Joe Biden He arrived here on Friday on a mission to reconfirm a major alliance in An uncertain moment in East Asiapunctuated by mounting warnings from US intelligence that North Korea may conduct a missile test during the president’s visit. Even as the war in Ukraine occupied Washington–and took up the … Read more
Written by Wayne Barry – The Associated Press Atlantic City, NJ (AP) – For people and groups planning to stay in Atlantic City, the resort’s main casino workers union is warning of the potential for “labor disputes” if casinos do not agree to new contracts by the May 31 deadline. The move comes at the … Read more
Wind and coal turbines in Lower Saxony, Germany. The EU’s desire to move away from Russian oil and gas means it will need to find fossil fuels from other parts of the world to fill supply gaps. Mia Boucher | Photo Alliance | Getty Images The European Commission has detailed a plan to ramp up … Read more
New York CNN Business – The heavy gunfire In Buffalo, New York, developed a Spotlight on 4chana largely unsupervised site that has been a breeding ground for many tragedies and controversies over the years and appears to have played a role in inspiring Saturday’s attack. Despite the role it may have played in the horrific … Read more
Eric Morse is Executive Director of the Morissette Institute of Entrepreneurship at the Ivy School of Business. Neil McLaughlin is Head of the Personal and Commercial Banking Group at Royal Bank of Canada. An entrepreneur’s journey often begins without capital, a team, or a market. But almost all of them start their projects with an … Read more
By Nick Perry – The Associated Press Wellington, New Zealand (AFP) – The New Zealand government said Thursday it will distribute a few hundred extra dollars to more than two million low-income adults to help them navigate what it describes as the “peak of a global inflation storm”. The payments are part of a package … Read more
To what extent can the American consumer bear a rise in inflation rates? This depends on who you ask. Four major retailers – WalmartAnd GoalAnd Home Depot And Louie They announced their quarterly financial results this week, and each offered a different view of where and how people spend their money. Walmart said some of … Read more
A big part of the problem is the high prices of dairy products. The cost of milk, cheese and eggs – staples in the supermarket – rose 9.5% in the 12 months through April. The price of whole milk increased by more than 12%. There could be more pain, according to a recent analysis by … Read more
Justin Ellen found himself at a difficult crossroads when he was 17 – should he pursue his passion for baking full time, or go to college to continue his education? At the time, the youngest contestant on the popular Netflix show baking was making custom cakes from home as a side hustle, while also tinkering … Read more
