Before Amazon started showing billion-dollar profits, there was a joke that the massive public company was in reality a charity run by Wall Street investors for the benefit of American consumers. But that humor revealed a deep misunderstanding of Amazonomics. The internet retailer was never any sort of philanthropy. Instead it was a rapidly growing business that invested every dollar of excess cash back into growing the business even further.

  • Bank of America's Well-Timed Wage Raise
    Bank of America's (NYSE: BAC) new $20 minimum wage comes right up against an appearance at Capitol ... Hill: Well, I think it's a great point that -- again, the question is, "I'm looking at these ...
    04/10/2019 - 5:00 pm | View Link
  • Bank of America is hiking its minimum wage to $20 an hour — nearly three times the federal minimum
    "Saying thank you, celebrating great work, and sharing our success further ... which followed a similar announcement from Amazon in October. Read more: Amazon will raise workers' minimum wage to $15 ...
    04/9/2019 - 1:57 am | View Link
  • So The Fed, Interest Rates, & IPOs Walk Into A Bar
    Output and wage growth have been accelerating ... simply because they are currently unprofitable, is not a great investment decision. Goldman Sachs estimates that the ride hailing industry ...
    04/8/2019 - 4:44 am | View Link
  • Target raises its minimum wage to $13 an hour, with goal of reaching $15 by end of 2020
    Target said Thursday it is increasing its minimum hourly wage by a dollar to $13 in June for all current ... we made in wages had made us an employer of choice, so we are seeing a great reaction to ...
    04/4/2019 - 3:14 am | View Link
  • Target is raising its minimum wage as part of its latest barrage in the war for talent
    Bernie Sanders are also pushing major companies – like Amazon, which hiked its minimum wage to $US15 an hour in October 2018 ... Cornell added that the news garnered a “great response from team ...
    03/5/2019 - 3:41 am | View Link
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  • When Finances Hurt: How I Survived on Minimum Wage
    I learned a lot about myself and my finances living on $8 an hour. Here's my survival story and a guide on how to survive on minimum wage.
    04/19/2019 - 8:11 am | View Website
  • Minimum wage in the United States
    The minimum wage in the United States is set by US labor law and a range of state and local laws. Employers generally have to pay workers the highest minimum wage prescribed by federal, state, and local law. Since July 24, 2009, the federal government has mandated a nationwide minimum wage of $7.25 per hour. As of January 2018, there were 29 states with a minimum wage higher than the federal ...
    04/18/2019 - 10:38 pm | View Website
  • National Minimum Wage and National Living Wage rates
    You must be at least: school leaving age to get the National Minimum Wage; aged 25 to get the National Living Wage - the minimum wage will still apply for workers aged 24 and under
    04/18/2019 - 11:04 am | View Website
  • Minimum Wage
    The federal minimum wage was introduced in 1938 during the Great Depression under President Franklin Delano Roosevelt. It was initially set at $0.25 per hour and has been increased by Congress 22 times, most recently in 2009 when it went from $6.55 to $7.25 an hour. 29 states plus the District of Columbia (DC) have a minimum wage higher than the federal minimum wage. 1.8 million workers (or 2 ...
    04/18/2019 - 8:26 am | View Website
  • Minimum Wage 2019 -- What's the Law in Your State?
    California. For California companies with more than 25 employees, the minimum wage is increasing from $11 to $12 per hour. For companies in the state with 25 or fewer employees, the rate is increasing from $10.50 to $11.
    04/16/2019 - 2:09 am | View Website
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