Economy - Finance > Credits

How Democrats can pass a minimum wage increase to $15 after a major setback from the Senate parliamentarian

1 month ago   |   By Business Insider

Summary List Placement The Senate parliamentarian Elizabeth McDonough dealt a significant setback to Democrats' efforts to increase the minimum wage to $15 an hour through President Joe Biden's stimulus package on Thursday evening.
Senators are gearing up to pass the $1.9 billion bill, which includes $1,400 direct relief checks for those who qualify, $350 billion in state and local aid, money for schools, housing assistance, funding for COVID-19 testing and vaccines, and child tax credits, through a process called budget reconciliation.
In reconciliation, Senators can pass budget-related...
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Is The $15 Minimum Wage Dead? Here's What's Next For Democrats After Crucial Setback

Is The $15 Minimum Wage Dead? Here's What's Next For Democrats After Crucial Setback

1 month ago   |   By Forbes

Lawmakers are already floating tax penalties for big corporations that pay less than $15 per hour.
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I've worked at Walmart for 20 years and can't afford a doctor. Congress needs to pass a $15 minimum wage now

1 month ago   |   By Business Insider

Cynthia Murray.
Cynthia Murray
I'm a 64-year-old Walmart employee who just testified to the Senate Budget Committee.
Walmart pays its hourly workforce a poverty wage that doesn't cover basic needs, while the company has profited over $50 billion since the pandemic began.
American workers need a $15 minimum wage today - we cannot wait for corporations to do the right thing, because they won't.
Cynthia Murray is a Walmart associate from Hyattsville, MD.
This is an opinion column. The thoughts expressed are those of the author.
Visit the Business section of Insider for more stories .
I've...
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Republican Sen. Josh Hawley Proposes Legislation Requiring $15 Minimum Wage For Billion-Dollar Companies

1 month ago   |   By Forbes

“Mega-corporations can afford to pay their employees $15 an hour.”
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US stocks trade mixed as investors digest March inflation surge and J&J...

US stocks trade mixed as investors digest March inflation surge and J&J vaccine pause

Summary List Placement US shares trade mixed on Tuesday as consumer prices surged in March and officials called for a halt in the administration of Johnson & Johnson... Read more ...

With a team that helped build the brain behind Alexa, HomeX raises $90M

With a team that helped build the brain behind Alexa, HomeX raises $90M

HomeX , a home services platform for homeowners and service providers, has raised $90 million in a funding round led by New Mountain Capital. New Mountain Capital, a New... Read more ...

JPMorgan and UBS invest in Ethereum developer ConsenSys as part of $65...

JPMorgan and UBS invest in Ethereum developer ConsenSys as part of $65 million funding round

Summary List Placement JPMorgan, UBS and Mastercard have invested in Ethereum developer ConsenSys as part of a $65 million raise. ConsenSys is at the heart of the Ethereum... Read more ...

Market wizard Marsten Parker averaged a compound annual return of 20% over...

Market wizard Marsten Parker averaged a compound annual return of 20% over 20 years trading stocks. He breaks down the quant-based investing systems he used to beat the S&P 500 for 2 decades

Summary List Placement Marsten Parker isn't your average investor. In fact, Parker beat the market for 20 out of 22 years of his investing career, often by double digits, using... Read more ...

Biden's $2.2 trillion ‘infrastructure' plan is a Trojan Horse, market...

Biden's $2.2 trillion ‘infrastructure' plan is a Trojan Horse, market analyst tells Keiser Report

Max Keiser interviews Rick Ackerman, the editor and publisher of Rick's Picks, who argues that the quadrillions in credit derivatives collapsing will outpace any amount of... Read more ...

10 things you need to know before the opening bell

10 things you need to know before the opening bell

Summary List Placement Welcome to 10 Things Before the Opening Bell. Sign up here to get this email in your inbox every morning. Sign up for Insider Investing for your weekly... Read more ...

India has authorized the Sputnik V shot. Russia says this mean its COVID-19...

India has authorized the Sputnik V shot. Russia says this mean its COVID-19 vaccine is now approved for 40% of the world's population

Summary List Placement India has authorized Russia's Sputnik V COVID-19 vaccine. The news was confirmed by the Russian Direct Investment Fund , which is responsible for... Read more ...

The UK economy grew 0.4% in February - but analysts say a rapid vaccine...

The UK economy grew 0.4% in February - but analysts say a rapid vaccine rollout should now power speedy growth

Summary List Placement The UK economy grew 0.4% in February, data showed on Tuesday, starting what analysts expect to be a rapid rebound for the country from last year's deep... Read more ...

$1.9 Trillion in Stimulus Is Kicking Off a Dollar Rally

$1.9 Trillion in Stimulus Is Kicking Off a Dollar Rally

Markets are all about expectations... There's a glaring example happening right now. Washington, D.C. recently passed a massive $1.9 trillion stimulus package. Outside of last... Read more ...

April 12th COVID-19 Vaccinations, New Cases, Hospitalizations

April 12th COVID-19 Vaccinations, New Cases, Hospitalizations

Note: I'm looking forward to not posting this daily! I've been posting this data daily for over a year, and I'll stop once all three of these criteria are met: 1) 70% of the... Read more ...