Bank of America hikes its minimum wage to $22 per hour
Nation's second-largest bank has said it plans to boost the company's baseline hourly pay to $25 by 2025.
Minimum Wage
5/4: Red and Blue
Federal Reserve raising interest rates; Hawaii lawmakers pass bill to raise minimum wage
Retail is plagued with workers making less than $15 an hour
More than 90% of workers at Dollar General earn below $15 an hour, according to survey from economic think tank.
Rising wages fail to keep up with inflation
Average hourly wages have increased by more than 5% over the past year, but the inflation has grown by nearly 8% over that same period. Laura Veldkamp, a professor of finance and economics at Columbia Business School, spoke with CBS News' Tony Dokoupil and Lilia Luciano about how rising prices are outpacing wage increases nationwide.
States across the country ring in 2022 with new laws that will go into effect
The nation's capital will join 15 states where recreational pot is legal.
Hobby Lobby to pay workers a minimum of $18.50 an hour
Crafts chain's 43,000 employees are getting a big raise next month. Elsewhere, Taco Bell to pay $15 base by mid-2024.
300,000 workers to get raise after higher minimum wage kicks in
Federal contractors in 2022 must pay workers at least $15 an hour, boosting their average income by $3,000 per year.
9/8: CBSN AM
Climate change poses threat to our lives; Minimum wage flatlines for American workers
Should the minimum wage really be $26 an hour?
The gap between what average U.S. workers produce and what they earn has grown ever wider. That's a problem.
Most Americans favor a higher federal minimum wage — CBS News poll
Support for minimum wage hike cuts across income levels, but there are some political divisions.
Walgreens will pay all its workers at least $15 an hour
Drugstore chain joins Chipotle, Southwest Airlines and other big companies moving to raise their hourly wage.
Wisconsin Democrat on his Senate run
Democrats are hoping to expand their slim Senate majority in 2022, and Wisconsin could be at the top of their target list. The incumbent up for reelection in the Badger State is Ron Johnson, and the two-term senator hasn't committed to another run. Wisconsin Lieutenant Governor Mandela Barnes, one of the Democrats running for the seat, spoke with CBSN's Tanya Rivero about his campaign.
Biden administration under pressure to block new voting rights laws
As CBS affiliate KHOU-TV's David Gonzalez reports, hundreds took part in four-day march in Texas in support of voting rights. Participants denounced proposed changes to the state's voting laws. CBS News legal contributor Jessica Levinson joins CBSN's Lana Zak with more on the increased pressure on the White House to pass federal legislation that would protect the right to vote.
Bank of America's minimum wage to hit $25 an hour by 2025
The bank joins Amazon, Chipotle and McDonald's on a short list of big companies that recently hiked their hourly wages.
Chipotle bumps average wage to $15 an hour
Chipotle Mexican Grill is hiking its average hourly pay to $15 as it vies for workers in an increasingly tight U.S. labor market. CBS Los Angeles has the details.
Chipotle hikes average pay to $15 an hour amid labor squeeze
Mexican-themed food chain says it wants to hire 20,000 workers and open 200 new eateries across the U.S. this year.
Biden on raising minimum wage
In his first presidential address to Congress, President Biden explicitly called for a $15 federal minimum wage, although it's something Congress would need to enact. "No one working 40 hours a week should live below the poverty line," he said. Watch his remarks and read more here.
Biden raises minimum wage for federal contractors
President Biden signed an executive order to increase the minimum wage to $15 an hour for federal contractors, including cleaners and maintenance workers.
Biden to raise minimum wage for federal contract workers
With an executive order he proposed as soon as he took office, the president will compel government contractors to pay workers at least $15 per hour.
Romney and Sinema teaming up on a proposal to raise the minimum wage
Senators Mitt Romney and Kyrsten Sinema are negotiating a bipartisan proposal to raise the minimum wage to $11.
Minimum wage would be $44 if it kept up with Wall Street pay
Wall Street bonuses have jumped more than 1,200% since 1985, or 10 times the pace of the federal minimum wage.
Female restaurant workers face sexual harassment even during pandemic
More than 70% of women in the restaurant industry say they've been sexually harassed. The pandemic has only made things worse.
House to vote on COVID relief bill this week
The White House is working to shore up support with Congressional Democrats as the House prepares to vote on President Biden's $1.9 trillion relief bill later this week. CBS News chief White House correspondent Nancy Cordes joins CBSN's Elaine Quijano to discuss.
Biden adviser on COVID bill and minimum wage
Congress is moving closer to passing President Biden's $1.9 trillion coronavirus relief package without the minimum wage increase the bill originally included. Cedric Richmond, a senior adviser to President Biden, joins CBSN's "Red & Blue" host Elaine Quijano to discuss plans to push for the $15 minimum wage, as well as calls to eliminate the Senate filibuster, the growing number of unaccompanied migrant children entering the U.S., violence against Asian Americans, and closing racial inequities in the U.S.
Senator Tim Kaine on American Rescue Plan
The House could vote on the final version of President Biden's $1.9 trillion American Rescue Plan this week now that it's passed the Senate. Senator Tim Kaine, a Democrat from Virginia, joined CBSN to discuss the economic relief bill as well as the future of the filibuster and his proposed war powers legislation.
Latest News
Supreme Court sides with football coach who lost job for praying after games
The justices heard arguments in April in the case addressing religious rights in public schools.
At least 3 dead, multiple injured after Amtrak train derails in Missouri
The train collided with a dump truck at a public crossing, officials said.
Russian rocket strike hits crowded mall in Ukraine, "unimaginable" toll feared
Ukraine's president stressed that the target presented "no threat to the Russian army" and had "no strategic value."
Trump social network deal under federal investigation
A federal grand jury issued subpoenas to Digital World Acquisition Corp., the special purpose acquisition company merging with Trump Media & Technology Group.
House Jan. 6 committee to hold last-minute hearing on Tuesday
The hearing will be held at 1 p.m. ET. There was no information immediately available about witnesses.
Abortions can resume in Louisiana for now as state court blocks "trigger" bans
The court will hold a hearing on the request for a temporary restraining order July 8.
Trump attorney John Eastman says FBI agents seized his phone
Federal agents appeared to have served the warrant on the same day former Trump Justice Deptarment official Jeffrey Clark says his home was searched.
WNBA star Brittney Griner appears in Russian court, trial set for July 1
On Friday, the U.S. House approved a bipartisan resolution calling for Griner's release.
Britney Spears' ex-husband ordered to trial on stalking charge
A judge has found that there is enough evidence against ex-husband Jason Alexander to go to trial for felony stalking after he showed up uninvited at the pop star's wedding earlier this month.
U.S.
More U.S.
Britney Spears' ex-husband ordered to trial on stalking charge
A judge has found that there is enough evidence against ex-husband Jason Alexander to go to trial for felony stalking after he showed up uninvited at the pop star's wedding earlier this month.
Focus shifts to "trigger laws" and state courts after Roe v. Wade is overturned
Judges in Louisiana and Utah temporarily blocked enforcement of trigger-law bans on abortion following the Supreme Courts' overturning of Roe v. Wade.
Man who heckled Rudy Giuliani in grocery store charged with assault
Giuliani claimed the open palm back pat from the heckler felt "as if a boulder hit me," while the heckler's attorney said the pat was "without malice to simply get his attention."
Federal court rules South Carolina abortion law can go into effect
The law will take effect immediately.
Social Security's cost-of-living bump could be near 11%: Report
Seniors are on track for the biggest cost-of-living adjustment in four decades, according to a new analysis.
MoneyWatch
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Social Security's cost-of-living bump could be near 11%: Report
Seniors are on track for the biggest cost-of-living adjustment in four decades, according to a new analysis.
Russian superyacht seized by U.S. arrives in San Diego Bay
The $325 million yacht comes complete with a helipad, mosaic-tiled pool, lobster tank and pizza oven.
Delta pilots to picket amid surging flight cancellations
Off-duty Delta pilots are planning labor protests this week as they demand better pay and scheduling.
Google workers can move to states where abortion is legal
Pro-choice companies are taking stands to support workers who cannot get abortions in their home states.
Trump social network deal under federal investigation
A federal grand jury issued subpoenas to Digital World Acquisition Corp., the special purpose acquisition company merging with Trump Media & Technology Group.
Politics
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How to watch Tuesday's unexpected House Jan. 6 committee hearing
The committee announced it would be holding the last-minute hearing to "present recently obtained evidence and receive witness testimony."
Focus shifts to "trigger laws" and state courts after Roe v. Wade is overturned
Judges in Louisiana and Utah temporarily blocked enforcement of trigger-law bans on abortion following the Supreme Courts' overturning of Roe v. Wade.
Man who heckled Rudy Giuliani in grocery store charged with assault
Giuliani claimed the open palm back pat from the heckler felt "as if a boulder hit me," while the heckler's attorney said the pat was "without malice to simply get his attention."
Trump attorney John Eastman says FBI agents seized his phone
Federal agents appeared to have served the warrant on the same day former Trump Justice Deptarment official Jeffrey Clark says his home was searched.
ICE Director nominee Ed Gonzalez withdraws from consideration
There has not been a Senate-confirmed director of Immigration and Customs enforcement since Barack Obama was president.
Health
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Court revives block of vaccine mandate for federal workers
The new order means a block on the mandate imposed in January by a Texas-based federal judge remains in effect, while the full court's 17 judges take up the appeal.
Illinois abortion advocates expect influx of out-of-state patients
Illinois, which has strong abortion protections in place, is surrounded by states that have or could have restrictions on the procedure.
Under new abortion laws, genetic test results can come too late
Ann was 15 weeks pregnant with her fourth child when the results of her prenatal genetic test indicated something was very wrong.
Nearly 500 people sickened by recalled Daily Harvest lentil meals
About 28,000 units of the product linked to gastrointestinal illness and potential liver issues were sold across the U.S.
Thousands of unvaccinated National Guard soldiers risk dismissal
The percentage of Army National Guard members who are vaccinated is the lowest among the U.S. military.
World
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Green Day frontman says he'll renounce U.S. citizenship after Roe v. Wade reversal
"F**k America. I'm f**king renouncing my citizenship. I'm f**king coming here," Armstrong told fans at a stadium in the U.K.
Prince Charles says bags of cash from Qatari official handled properly
Heir to the British throne's office says "correct processes were followed" after Sheikh Hamad bin Jassim bin Jaber Al Thani handed him $3.2 million in cash.
NATO announces massive increase in high-readiness forces
Troop levels will be boosted in member states bordering Russia.
Russian rocket strike hits crowded mall in Ukraine, "unimaginable" toll feared
Ukraine's president stressed that the target presented "no threat to the Russian army" and had "no strategic value."
Russia defaults on its foreign debt, White House says
Western sanctions have damaged Russia's economy and spurred many foreign companies to exit the country.
Entertainment
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Britney Spears' ex-husband ordered to trial on stalking charge
A judge has found that there is enough evidence against ex-husband Jason Alexander to go to trial for felony stalking after he showed up uninvited at the pop star's wedding earlier this month.
Author Jenny Han talks Taylor Swift's influence, Asian representation
Jenny Han said she was told by publishers years ago that people wouldn't read stories about Asian Americans.
Will Smith wins BET Award, three months after Oscars slap
Smith was up against two stars of "Bel Air," which is a reworking of Smith's TV show from the 1990s, "Fresh Prince of Bel Air."
Author V.E. Schwab on writing monsters to help her readers fight real life
CBS News spoke with Schwab about her upcoming big-screen projects and how writing for "an audience of one" changed her life forever.
Stars criticize Roe v. Wade decision at BET Awards
"It's about time we talk about the fact that guns have more rights than a woman. It's a sad day in America," said the show's host, Taraji P. Henson.
Technology
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Hackers swipe $100 million from blockchain bridge Harmony
Attack is the third major theft this year involving services that help users trade crypto across different blockchains.
Yelp to shut 3 offices, saying the "future of work" is remote
Employees at the online review company used less than 2% of its office space in Chicago, New York and Washington, D.C.
Alexa will soon be able to speak to you in your relative's voice
Alexa will have the ability to mimic a voice – even your dead relative's – by using just minute of audio and learning from it.
DNA testing could help identify 2 victims of Tulsa Race Massacre
A search for the graves of massacre victims began in 2020 and resumed last year with nearly three dozen coffins containing remains of possible victims recovered.
Twitter's board urges approval of Musk deal
Elon Musk is once again expressing concerns about purchasing Twitter, even as the company's board of directors is urging its shareholders to approve the sale. CBS News tech reporter Dan Patterson sat down with anchors Tanya Rivero and Elaine Quijano to discuss the world's richest man's latest hesitations with the deal.
Science
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West seeing "biblical" explosions of Mormon crickets and grasshoppers
Drought and warming temperatures - conditions favored by the insects - have fanned the outbreaks.
World's largest bacterium found in Caribbean swamp
Most bacteria are microscopic, but this one is so big it can be seen with the naked eye.
Scientists probe Japan's remarkable COVID success in hunt for new vaccine
While many factors likely boosted Japan's COVID resilience, researchers say a possible cellular-level advantage could help them create a new weapon against the virus.
DNA testing could help identify 2 victims of Tulsa Race Massacre
A search for the graves of massacre victims began in 2020 and resumed last year with nearly three dozen coffins containing remains of possible victims recovered.
350,000 trout to be euthanized in California amid bacterial outbreak
Symptoms of the infection in fish include "bulging eyes, lethargic or erratic swimming and increased mortality," officials said.
Crime
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Police say an Atlanta Subway worker was shot dead by customer over a sandwich order
Police say a customer shot two employees, following a dispute over "too much mayo" on a sandwich.
Inmate found dead in prison days after being sentenced to die
Ricky Dubose was sentenced to death for the the June 2017 shooting deaths of Sgt. Christopher Monica and Sgt. Curtis Billue.
6 police officers killed in Mexico ambush after fighting "heroically"
The officers were attacked by a presumed drug gang equipped with 10 homemade armored cars and heavy weaponry, authorities said.
8 bodies found by farmer may be kidnapped workers from Mexican resort
Officials did not identify the abducted men, but local media reported they were workers at a coastal ranch.
Transgender teen's murder launches movement, inspires new law
Named for Washington teen Nikki Kuhnhausen, a push to ban the so-called trans panic defense, where defendants use a victim's gender identity as an excuse for violence, resulted in legislation called "Nikki's Law."
Space
More Space
NASA delays Psyche asteroid mission
Depending on the results of an independent review, budget impacts and other factors, the Psyche mission could face cancellation.
NASA, SpaceX to assess potential Starship threat to Crew Dragon pad
An early Super Heavy-Starship failure could disrupt SpaceX astronaut fights to space station.
NASA mulls moon rocket test results
NASA successfully fueled its new moon rocket on the agency's fourth attempt, but problems remain.
NASA fuels moon rocket for first time after three failed attempts
NASA says a critical fueling test for its Space Launch System moon rocket went well despite a leaking hydrogen fitting.
SpaceX pulls off three launches in 36 hours
SpaceX on track to launch more than 50 Falcon 9 rockets this year.
Latest Galleries
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The 31 deadliest jobs in America in 2022, ranked
If you work in one of these industries, you already know the risks.
The end of Roe v. Wade: America reacts
As abortion-rights activists mourned the end of an era, anti-abortion advocates celebrated a long-fought victory.
A closer look at the Nikki Kuhnhausen murder case
Inside the life of a teenage girl and how her disappearance inspired a movement.
Live music is back on stage 2022
Concerts are back on track, with rock, heavy metal and country artists returning to live performances.
Inside the disturbing Pettit murder case
In the early morning hours of August 8, 2013, first responders were called to a house fire in Modesto, California. Scott and Janet Pettit were found dead inside, and investigators soon determined the fire was no accident.
Latest Videos
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Latest Videos
Surprise Jan. 6 hearing scheduled for Tuesday
With the surprise news that the January 6 House select committee will hold a hearing Tuesday, Politico senior legal affairs reporter Kyle Cheney and Axios congressional reporter Alayna Treene join "Red and Blue" to discuss what to expect, as well as some of the possible executive actions President Biden could take on abortion.
Controversial Supreme Court terms nears end
The Supreme Court's term comes to an end this week after a number of controversial decisions, including overturning Roe v. Wade and rulings that expand gun rights and public school prayer. Several important cases are still on the docket. CBS News legal contributor Jessica Levinson joined CBS News' John Dickerson to discuss.
Eye on America: Protecting ecosystems, and more
We meet a group of scientists in Colorado innovating ways to protect the nation's food supply. And travel to Georgia to see the legacy of schools that educated African American in the segregated south. Then visit Cape Canaveral to pay tribute to the Apollo 1 crew we lost 55 years ago. Watch these stories and more on Eye on America with host Michelle Miller.
Doctor on growing concerns about monkeypox
The World Health Organization says it does not currently consider monkeypox a global health emergency despite a growing number of cases in Europe and the U.S. Dr. Celine Gounder, an infectious disease specialist and editor-at-large for public health at Kaiser Health News, joins CBS News' John Dickerson to discuss what needs to be done to address the outbreak.
G-7 leaders gather for annual summit
President Biden and other world leaders have gathered in Germany for the G-7 summit. Leaders are focusing on the conflict in Ukraine and ways to isolate and put economic pressure Russia. Charles Kupchan, senior fellow at the Council on Foreign Relations and professor at Georgetown University, joined CBS News' John Dickerson to discuss.