Bank of America hiking minimum wage to $20 an hour
It will be first major U.S. financial institution to crack $20 line, reflecting the tight labor market
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It will be first major U.S. financial institution to crack $20 line, reflecting the tight labor market
Teachers in Illinois can currently have a salary as low as $9,000 — and that hasn't changed since 1980
A $15 federal minimum wage would give a raise to 17 million workers and "likely" boost pay for 10 million more, the CBO found this month
The increase would affect more people than work in the entire manufacturing sector, but it could also cause job losses
A new study finds that a House bill hiking the federal base pay wouldn't result in significantly less employment
Minimum wage gets a boost in a handful of cities and states July 1, pushing up pay for tens of thousands of workers
Demands for a $15 federal minimum wage and the right to organize are now popular among the party's White House hopefuls
Despite a 10-year economic expansion and an 18% rise in the cost of living, the U.S. base pay hasn't budged since 2009
One fast-food outlet in California is giving employees a large bump in pay to entice and retain workers
Doug McMillon tells shareholders — and presidential candidate Bernie Sanders — that $7.25 an hour clearly is "too low"
The presidential candidate will attend Walmart's annual meeting to call on the Walton family to "end the greed"
The world's biggest retailer is trumpeting the hefty paycheck its store managers can earn
Study finds that boosting workers' pay and offering more federal aid could prevent more than 1,000 suicides a year
Record-low unemployment has finally brought pay hikes to parts of the service sector that barely exceeded minimum wages.
Vice President Joe Biden is the latest White House candidate to embrace a national wage hike
Raise comes as big bank CEOs prepare to appear before Congress to discuss the role of large financial firms
Fast-food powerhouse wants to "advance, not impede" debate over hiking U.S. rate above $7.25 for first time in decade
Wall Street employees saw their typical annual bonus slip by 17 percent last year to $153,700, according to new data from the New York State Comptroller. But don't feel sorry for the banking set just yet -- even including down years like 2018, bankers' bonuses have jumped by 1,000 percent since 1985. If the minimum wage had kept pace with the same growth as Wall Street bonuses, the hourly baseline wage would be $33.51 an hour, an analysis finds.
"Due to terrible management the whole store has quit," reads goodbye note taped to door of restaurant near Columbus
President Trump claimed Monday that his daughter, Ivanka Trump "has created millions of jobs"
Senator Bernie Sanders has joined the growing list of candidates vying for the Democratic presidential nomination in 2020. Former 2016 Bernie Sanders surrogate Nomiki Konst, who is currently running for New York City public advocate, joins CBSN to discuss Sanders' decision to run again.
New Jersey became the latest state on Monday to boost its hourly minimum wage to $15 after Democratic Gov. Phil Murphy signed into law a measure phasing in the higher rate over five years.
The Garden State joins California, Massachusetts, New York and the District of Columbia in phasing in higher wages
Trump gears up for the State of the Union; New Jersey increases minimum wage
House Democrats are set to introduce legislation that would more than double the current federal baseline pay
Iran's Revolutionary Guard says any new U.S. or Israeli attacks will be met with retaliation "in places you cannot even imagine."
Raúl Castro is being indicted on charges related to Cuba's deadly 1996 shootdown of planes operated by humanitarian group Brothers to the Rescue, U.S. officials told CBS News earlier this month.
President Trump endorsed former Navy SEAL Ed Gallrein in Kentucky's 4th Congressional District.
U.S. Army Sgt. 1st Class and Afghanistan war veteran Jose Serrano told CBS News his wife, Deisy Rivera Ortega, was detained by ICE despite doing the "right thing."
The Supreme Court's term is set to end around the end of June, with decisions on birthright citizenship, transgender athlete bans and gun rights still to come.
WHO chief Tedros Adhanom Ghebreyesus says risks from the Ebola outbreak in Congo and Uganda are "high at the national and regional levels, and low at the global level."
"These subjects did not discriminate in who they hated," said Mark Remily, special agent in charge of the FBI's San Diego Field Office.
The Internal Revenue Service is permanently barred from pursuing claims against President Trump or his company based on prior tax returns, part of a controversial settlement deal between the Justice Department and Mr. Trump.
Congress' decision not to extend enhanced marketplace tax credits has boosted the appeal of alternative health coverage with lower monthly premiums.
A prosecutor in the trial of a former assistant principal facing criminal charges over a 2023 school shooting said she dismissed concerns about a gun in a student's bag.
Raúl Castro is being indicted on charges related to Cuba's deadly 1996 shootdown of planes operated by humanitarian group Brothers to the Rescue, U.S. officials told CBS News earlier this month.
A survivor of a recent plane crash near Florida was allegedly found with roughly $30,000 inside a bag labeled with the name of a Bahamian politician.
U.S. Army Sgt. 1st Class and Afghanistan war veteran Jose Serrano told CBS News his wife, Deisy Rivera Ortega, was detained by ICE despite doing the "right thing."
The Supreme Court's term is set to end around the end of June, with decisions on birthright citizenship, transgender athlete bans and gun rights still to come.
Congress' decision not to extend enhanced marketplace tax credits has boosted the appeal of alternative health coverage with lower monthly premiums.
The national average for a gallon of gasoline has been ticking up since the start of the war with Iran. The latest average of $4.50 a gallon is an increase of over $1.50 since the war started.
A summer job was once a seasonal tradition for millions of American teenagers. No more — here's why fewer young people are expected to clock in when school ends.
Polymarket users can now trade on private companies' valuations, IPOs and secondary market activity.
Buyers can still find lower-cost homes in some midsize cities, especially across the Rust Belt and Sun Belt, a new analysis finds.
Raúl Castro is being indicted on charges related to Cuba's deadly 1996 shootdown of planes operated by humanitarian group Brothers to the Rescue, U.S. officials told CBS News earlier this month.
U.S. Army Sgt. 1st Class and Afghanistan war veteran Jose Serrano told CBS News his wife, Deisy Rivera Ortega, was detained by ICE despite doing the "right thing."
The Supreme Court's term is set to end around the end of June, with decisions on birthright citizenship, transgender athlete bans and gun rights still to come.
President Trump endorsed former Navy SEAL Ed Gallrein in Kentucky's 4th Congressional District.
Former Atlanta mayor Keisha Lance Bottoms has secured enough support to avoid a runoff in Georgia's closely watched Democratic primary for governor, CBS News projects
WHO chief Tedros Adhanom Ghebreyesus says risks from the Ebola outbreak in Congo and Uganda are "high at the national and regional levels, and low at the global level."
Congress' decision not to extend enhanced marketplace tax credits has boosted the appeal of alternative health coverage with lower monthly premiums.
The State Department on Tuesday strongly urged Americans to avoid travel to Congo, Uganda and South Sudan because of the Ebola outbreak there. More than 130 people have already died. Mark Strassmann has more.
An uptick in people skipping Obamacare premium payments in many states suggests the Affordable Care Act's rising costs are hitting home for 2026 enrollees.
A missionary doctor who was serving in Congo will receive treatment in Germany after testing positive for Ebola. Skyler Henry has the latest.
Raúl Castro is being indicted on charges related to Cuba's deadly 1996 shootdown of planes operated by humanitarian group Brothers to the Rescue, U.S. officials told CBS News earlier this month.
WHO chief Tedros Adhanom Ghebreyesus says risks from the Ebola outbreak in Congo and Uganda are "high at the national and regional levels, and low at the global level."
Iran's Revolutionary Guard says any new U.S. or Israeli attacks will be met with retaliation "in places you cannot even imagine."
Four Republicans voted with nearly all Democrats to advance the Iran war powers measure, with GOP Sen. Bill Cassidy joining the Republican defectors for the first time.
There is concern among some in the Justice Department that the pending charges against him are weak, sources said.
Actor Beanie Feldstein told "CBS Mornings" she and wife Bonnie-Chance Roberts are expecting a baby girl.
Actor Beanie Feldstein talks about the theme of her debut children's book, which focuses on the power of friendship. She also discusses becoming a parent soon and starring in a new film with Robert De Niro.
Rob Cesternino, a 2-time "Survivor" castaway, talks about the upcoming "Survivor 50" finale, who he think will make the final three and who is his favorite to win the game.
Golden Globe-nominated actor Hayden Panettiere shares her story and opens up about life in the spotlight as a young actor, postpartum depression and her healing journey.
Jane Pauley hosts our annual look at design. Featured: Tiny homes in your backyard; Louis Vuitton; Adobe house construction; Finland's Marimekko; domino art; Philadelphia food favorites; chandeliers; Longwood Gardens; rare maps; and director Jon Favreau of "The Mandalorian and Grogu."
Privacy concerns about artificial intelligence are growing after people discovered that chatbots are sharing their real phone numbers. Eileen Guo, investigative tech reporter for MIT Technology Review, joins to discuss.
A California jury on Monday unanimously dismissed Elon Musk's lawsuit against OpenAI and its top executives. CBS News legal contributor Jessica Levinson breaks down the case.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
A California jury on Monday unanimously dismissed Elon Musk's lawsuit against OpenAI and Sam Altman. CBS News senior business and technology correspondent Jo Ling Kent reports.
California jury dismissed all charges, finding that Musk missed the three-year statute of limitations to file suit.
Independent scientists say the technology, while impressive, lacks some components to be truly considered an artificial egg.
The upcoming El Niño could trigger frequent and widespread flooding in coastal areas around the United States, even when storms aren't actively taking place, scientists warn.
The long-necked herbivore is the largest ever found in Southeast Asia, researchers said.
The last time an El Niño pattern occurred was in 2023, when the Eastern Pacific hurricane season produced 20 tropical systems.
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
New details are coming out about the victims in Monday's shooting at the Islamic Center of San Diego. Lana Zak reports.
Police and federal authorities are working to piece together the events leading up to Monday's deadly shooting at the Islamic Center of San Diego, as well as what exactly happened during the attack. CBS News' Anna Schecter has the details.
"These subjects did not discriminate in who they hated," said Mark Remily, special agent in charge of the FBI's San Diego Field Office.
Imam Taha Hassan of the Islamic Center of San Diego tells CBS News about the beloved security guard and members of his mosque who died "sacrificed their lives for the entire community" during Monday's shooting.
Investigators gave an update Tuesday on Monday's deadly shooting at a mosque in San Diego. CBS News' Lana Zak and Anna Schecter have the latest.
The International Space Station-bound SpaceX Cargo Dragon is loaded with 6,500 pounds of needed equipment, research gear and crew supplies.
Researchers expected to find "a gradual increase in artificial light at night," but instead saw "much more nuanced patterns," NASA said.
NASA's Psyche spacecraft will slingshot past Mars on Friday, on its way toward a rare metal-rich asteroid.
NASA's Apollo 17 crew reported seeing three mysterious dots and sparks that resembled fireworks, according to new files released by the Pentagon.
Defense Secretary Pete Hegseth said in a statement that the documents "have long fueled justified speculation — and it's time the American people see it for themselves."
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
A U.S. Army soldier and Afghanistan war veteran says he's worried that his newly-freed wife could still be targeted by ICE and deported. Camilo Montoya-Galvez reports.
Senators grilled acting Attorney General Todd Blanche on Tuesday over the Justice Department's nearly $1.8 billion fund to compensate people who claim they were politically targeted. CBS News' Natalie Brand and Caitlin Huey-Burns report.
The redistricting battle for the 2026 midterms will have a profound impact on the balance of power in Washington, D.C. CBS News' David Becker, Anthony Salvanto, Nikole Killion and Caitlin Huey-Burns have more.
In January, the U.S. began a blockade of oil tankers to Cuba, exacerbating an ongoing energy crisis. Roxanna Vigil, international affairs fellow in national security at the Council on Foreign Relations, joins with analysis.
CBS News projects that Andy Barr will win the Republican primary for Kentucky Senate. CBS News' Aaron Navarro, Caitlin Huey-Burns and Nikole Killion have more.