California’s minimum wage for fast food workers is being raised to $20 an hour but the increase is likely to be felt by customers as chains weigh raising menu prices. NBC’s Christine Romans breaks down the new pay rate on TODAY.
Category Archives: business
Burned from overspending, some ‘buy now, pay later’ users warn others away
After racking up thousands of dollars in debt, some borrowers are deleting the apps from their phones to avoid getting prodded to spend more.
Best Buy offers to screen LGBTQ nonprofit donations after conservative pressure, filing shows
Best Buy offered to screen donations from its employee resource groups going to LGBTQ causes after pressure from a conservative think tank, SEC filing shows.
Kia recalling 427,000 Telluride SUVs because they might roll away while parked
Kia is recalling approximately 427,000 Telluride SUVs because they might roll away while parked.
Trump’s deals to sell Bibles, sneakers and perfume are unprecedented for a presidential candidate, experts say
Sneakers. Perfume. Trading cards. Bibles: A his campaign coffers dwindle, Trump is now actively intertwining his business ventures with his White House bid.
More than $1 billion in federal tax refunds unclaimed as deadline to file approaches
If you didn’t file a tax return amid the worst of the Covid-19 pandemic and believe you’re eligible for a refund, the Internal Revenue Service wants to hear from you.
Social Security Administration will no longer count food aid as income for poor recipients
The Social Security Administration has issued a final rule that will prevent food assistance from reducing payments to certain beneficiaries.
Sam Bankman-Fried sentenced to 25 years in prison for orchestrating FTX fraud
Sam Bankman-Fried was sentenced Thursday to 25 years in prison for his role in defrauding users of the collapsed cryptocurrency exchange FTX.
Baltimore bridge collapse calls attention to the growing Latino labor force and the risks they face
Most of the missing workers presumed dead following the Baltimore bridge collapse are originally from Honduras, Guatemala, El Salvador and Mexico — illustrating the increasing dangers Hispanic workers face as a third of the nation’s construction workers.
China’s latest EV is a ‘connected’ car from smartphone maker Xiaomi
Xiaomi, a well-known maker of smart consumer electronics in China, is joining the country’s booming but crowded market for electric cars.