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Los Angeles to raise minimum wage from $9 to $15 an hour

LOS ANGELES (UPI) -- The Los Angeles City Council on Tuesday approved a plan to raise minimum wage in the city to $15 per hour by 2020. Under the proposed plan, minimum wage will increase incrementally from the current $9 per hour to $15 per hour eac ...

More Americans use half their income for housing costs

WASHINGTON (AP) -- More than one in four U.S. renters have to use at least half their family income to pay for housing and utilities. That's the finding of an analysis of Census data by Enterprise Community Partners, a nonprofit that helps finance af ...

Obama sends record $4T spending plan to Congress

[caption id="attachment_22756" align="alignright" width="300"] (File Photo)[/caption]WASHINGTON (AP) -- President Barack Obama sent Congress a record $4 trillion budget Monday that would boost taxes on higher-income Americans and corporations, pushin ...

What the Makers and the Takers Have to Say

Over half of America's richest citizens feel poor people have easy lives due to government benefits, according to a poll conducted by the Pew Research Center. The poll showed 54 percent of America's most financially secure agreeing with the statement ...

US job growth slowed to its lowest level this year

The US added 142,000 jobs in August, the lowest figure this year and one that ends a streak of months in which the economy added more than 200,000 new positions. The labour department's figures came as a surprise. Analysts polled by Reuters had expec ...

Rahm Emanuel wants $13 an hour minimum wage in Chicago

[caption id="attachment_31177" align="alignright" width="300"] (File Photo)[/caption]Mayor Rahm Emanuel said Tuesday that he would push aldermen to raise Chicago's minimum wage to $13 an hour no matter what Springfield lawmakers do on the issue this ...

25 pct of households 'just getting by'

WASHINGTON (AP) — A quarter of U.S. households say they're "just getting by" financially, a survey by the Federal Reserve shows. The Fed issued the first-time report Thursday, describing it as a snapshot of how Americans perceive their financial and ...

35 percent of Americans not paying their bills

WASHINGTON (AP) — More than 35 percent of Americans have debts and unpaid bills that have been reported to collection agencies, according to a study released Tuesday by the Urban Institute. These consumers fall behind on credit cards or hospital bill ...

Detroit retirees back pension cuts by a landslide

DETROIT (AP) — A year after filing for bankruptcy, Detroit is building momentum to get out, especially after workers and retirees voted in favor of major pension changes just a few weeks before a judge holds a crucial trial that could end the largest ...

Seattle hikes minimum wage to $15

SEATTLE (AP) — Seattle activists celebrated a successful campaign to gradually increase the city's minimum wage to $15 by calling for a national movement to close the income and opportunity gaps between rich and poor. The Seattle City Council unanimo ...


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