Business Highlights



  • Source: Associated Press - - Read: 2

    Summary:

     


    Biden’s $15 wage proposal: Job killer or a boon for workers?

    WASHINGTON (AP) — President Joe Biden’s effort to raise the federal minimum wage to $15 an hour could provide a welcome opportunity for someone like Cristian Cardona, a 21-year-old fast food worker. Cardona would love to earn enough to afford to move out of his parents’ house in Orlando, Florida, and maybe scrape together money for college. More than 1,000 miles away in Detroit, Nya Marshall worries that a $15 minimum wage would drive up her labor costs and perhaps force her to close her restaurant, already under strain from the viral pandemic. Between Cardona’s hope and Marshall’s fear lies a roiling public debate, one with enormous consequences for American workers and businesses.


    US retail sales jumps 5.3%, thanks to ...

     

     

    Read Full News: https://apnews.com/article/joe-biden-technology-new-york-coronavirus-pandemic-financial-markets-53647152deba98ac21033a8f7f488f06


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