minimum wage

The 11th Republican presidential debate is set to get started in less than an hour, but another party already flared up outside debate doors. Situated in front of Detroit's Fox Theater, hundreds of protesters made their way down Woodward Avenue in defiance of the Republican nominees and the GOP as...

According to the NFIB’s latest Small Business Optimism Index, small businesses took a hit in June. The index plummeted 4.2 points after five months of positive growth. Stephen Sheinbaum is the founder of alternative lending companies Merchant Cash and Capital and Bizfi. Sheinbaum told...

Does a higher minimum wage necessarily mean higher prices for businesses and, by passing those prices along, consumers? The controversy over income inequality and the U.S. minimum wage has been percolating for some time now. And while the Obama Administration has been pushing for a federal minimum...

Over 100 individuals were arrested on Wednesday during a protest at the McDonald's (NYSE: MCD) corporate headquarters in the run-up to the company's annual share holder meeting on Thursday. The protesters, who are said to have arrived on 32 buses, are seeking higher wages from the fast food...

U.S. stocks finished the day near session lows as investors found little reason to be bullish. Housing data came in poor and failed to rally the bulls. Several Fed members raised the idea of a rate hike but “participants agreed that, with the unemployment rate approaching 6.5 percent, it would...

At the same time fast food workers are staging a series of one-day strikes in an attempt to force a hike in the minimum wage – fast casual chains like Brinker International's (NYSE: EAT) Chili’s and now, DineEquity's (NYSE: DIN) Applebee’s have taken steps to install electronic tablets at every...

McDonald's (NYSE: MCD) is coming under fire for suggestions it reportedly offered its employees on an in-house, employees-only McResource Line web site, on how to cope with issues like the upcoming holiday financial crunch. According to screen grabs complied by the activist group Low Pay Is Not...

Jobs and the minimum wage were once again headline issues this week. Job growth got an unexpected boost, according to the Labor Department's employment statistics for October, with nonfarm payroll employment rising by 204,000 for the month. The overall unemployment rate rose slightly to 7.3...

Each year, U.S. taxpayers pay out $1.2 billion in public assistance to workers at McDonald’s (NYSE: MCD), according to a study released Tuesday by the National Employment Law Project. The NELP study used data from another one conducted by economists at the University of California-Berkeley and...