!economics@lemmy.world
!economics
@lemmy.worldhttps://www.publicnewsservice.org/2024-09-18/economic-policy-justice/study-increasing-minimum-wage-does-not-reduce-jobs/a92455-1
A new report shows minimum wage increases have had little effect on the number of jobs in Maryland and nationwide. While the rhetoric around increasing the minimum wage often comes with the caution it will reduce low-wage employment, a new review of decades of research showed most studies found no job losses after the state or local minimum wage is raised. Ben Zipperer, senior economist for the Economic Policy Institute and the review's co-author, said raising the minimum wage has unquestionably benefited workers. ...
https://www.nytimes.com/live/2024/09/18/business/fed-interest-rates
The Federal Reserve lowered interest rates by half a percentage point, its first cut to borrowing costs since 2020. The Fed chair, Jerome Powell, will take questions from reporters soon.
https://www.bbc.com/news/articles/c4gdprv2ddxo
The US company says it will ask for court permission to start a sale process of the business.
https://www.theguardian.com/business/2024/sep/16/boeing-furlough-employees-strike
US planemaker says strike of about 33,000 workers, which began last week, ‘jeopardizes recovery in a significant way’
https://www.cnbc.com/2024/09/13/boeing-workers-strike-reject-contract.html
More than 30,000 Boeing workers were set to strike Friday, halting production of most of the company's aircraft after staff rejected a new labor contract.
https://www.theguardian.com/business/2024/sep/11/august-inflation
Consumer price index rose at annual rate of 2.5% as inflation continues to fade but people still grapple with higher prices
https://www.cnbc.com/2024/09/10/apple-loses-eu-court-battle-over-13-billion-euro-tax-bill-in-ireland.html
Europe's top court on Tuesday ruled against Apple in the tech giant's 10-year court battle over its tax affairs in Ireland.
https://www.cnbc.com/2024/09/09/big-lots-bankruptcy-plans-sale-and-store-closures.html
Discount home goods retailer Big Lots filed for bankruptcy protection as low-income shoppers slow spending on new furniture and home decor.
https://www.bbc.com/news/articles/cdd78ee0y76o
The tentative deal comes just days ahead of a possible strike at the plane maker's main factories.