Higher minimum wage goes into effect for California health care workers
Some of the lowest-paid health care workers in California will get a pay bump Wednesday under a state law gradually increasing their wages to at least $25 an hour.
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Some of the lowest-paid health care workers in California will get a pay bump Wednesday under a state law gradually increasing their wages to at least $25 an hour.
The Federal Reserve just lowered its benchmark rate by 0.50 percentage points. Here's how the move could impact your finances.
The latest labor market data comes less than two weeks ahead of the Federal Reserve's decision on whether to cut interest rates.
Federal Reserve Chair Powell, speaking at a conference in Jackson Hole, Wyoming, said the timing and pace of rate cuts will depend on economic data.
In North Carolina, Harris took note of falling inflation but added, "Still, we know that many Americans don't yet feel that progress in their daily lives."
Wall Street is increasingly jittery about the health of the U.S. economy. Here's what the experts say about the chances of a recession.
Although Donald Trump vows to bring U.S. prices down "very quickly," some economists say his policies could rekindle inflation. Here's what to know.
California has fined Amazon a total of $5.9 million, alleging the e-commerce giant worked warehouse employees so hard that it put their safety at risk.
Air quality is worsening across much of the U.S., exposing millions of people to health problems and threatening the U.S. economy.
UPS will lay off 12,000 workers and says it is ordering employees to return to the office five days a week.
Economic views are still tough, but they've improved as more report lower gas prices.
A new year brings new laws in California, including more paid sick leave, more protections for LGBTQ+ youth and a drastic minimum wage increase for fast food workers.
A $2 bill with a red seal can sell for $300 to $2,500. Those with brown or blue seals can sell for hundreds.
The Saudi cut of 1 million barrels per day comes as the other OPEC+ producers agreed to extend earlier production cuts through next year.
The regional lender, whose collapse is the second-biggest bank failure in U.S. history, is the third bank to be seized by regulators since March.
Mired in a prolonged sales slump, the retail chain has struggled to attract customers both in stores and online.
Wedding dress retailer cites "post-COVID environment and uncertain economic conditions," saying it's looking for a buyer.
All deposit accounts at Silicon Valley Bank and Signature Bank in New York will be guaranteed, the Federal Reserve, Treasury Dept. and FDIC said in a joint statement.
A better-than-expected jobs report was released yesterday and touted by President Biden as a sign of economic progress. There was a jump in unemployment, even as jobs were added. Christina Ruffini has more.
CBS News polling finds Americans with largely dour assessments of the state of the union, as President Biden prepares to deliver his State of the Union address Tuesday.
President Biden is highlighting January's job report after it soared past economists' predictions. Jeanna Smialek, a financial reporter at The New York Times, joins CBS News to discuss what the numbers mean for the state of the U.S. economy and future Fed moves.
Millions of Californians will return to work this new year with a pay bump as a minimum wage increase goes into effect.
The House vote to impose a contract brokered by the White House but rejected by some workers was 290 to 137.
Train conductors vote against wage deal with rail companies brokered by the Biden administration.
Annual holiday feast is likely to see sharply higher prices for turkey and other traditional food items.
