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The Costs and Benefits of a $15 Federal Minimum Wage

  • The Costs and Benefits of a $15 Federal Minimum Wage The Costs and Benefits of a $15 Federal Minimum Wage 8:23
    WSJ Opinion: Trump Successors' Pitch to CPAC's 'America Uncanceled' WSJ Opinion: Trump Successors' Pitch to CPAC's 'America Uncanceled' 5:05
    WSJ Opinion: The Great ObamaCare Expansion WSJ Opinion: The Great ObamaCare Expansion 5:52
    WSJ Opinion: A Path Out of the Covid Nightmare WSJ Opinion: A Path Out of the Covid Nightmare 5:52
4:25 p.m. March 2, 2021 - MarketWatch.com
Biden moves up timeline for when enough vaccine doses will be available for all adults: now end of MayPresident Joe Biden says the U.S. expects to take delivery of enough coronavirus vaccine doses for all adult Americans two months earlier than previously anticipated.
2:18 p.m. March 2, 2021 - MarketWatch.com
Microsoft says Chinese hackers have exploited bug to target U.S. companiesChina-based government hackers have exploited a bug in Microsoft's email server software to target U.S. organizations, the company said Tuesday.
2:13 p.m. March 2, 2021 - By Mike Murphy
Neera Tanden is out as Biden's OMB nomineeThe White House will withdraw the nomination of Neera Tanden for director of the Office of Management and Budget, in the first significant personnel setback for the Biden administration.
12:45 p.m. March 2, 2021 - MarketWatch.com
Voting rights an intensifying partisan battleground, as Democrats push H.R. 1 and Republicans alter election procedures at state levelThe Biden White House has labeled the bill ‘landmark legislation’ that ‘is urgently needed to protect the right to vote.’
12:20 p.m. March 2, 2021 - MarketWatch.com
Senior House Democrat says using filibuster to stop minimum-wage hike is akin to using it to block civil rightsThe third-ranking House Democrat, Rep. Jim Clyburn, tore into Republicans for opposing a minimum-wage boost, saying their threatened used of the filibuster in the Senate to stop it reminded him of when it was deployed against civil-rights legislation.
12:14 p.m. March 2, 2021 - By Victor Reklaitis
As Democratic aid bill gives $25 billion to restaurants, industry says it's a 'strong step,' but more will be needed The restaurant industry's largest lobbying group is working to ensure that Democrats’ big COVID-19 relief package doesn't leave out eateries at the last minute, as the organization also says that it expects more aid for the hard-hit sector will be necessary.
11:50 a.m. March 2, 2021 - By Andrew Keshner
'We need help': Texas Attorney General sues energy provider over 'sky-high' rates after massive winter stormGriddy, the electricity company, allegedly misled customers on the risks of price surges, the Texas Attorney General says.
11:33 a.m. March 2, 2021 - MarketWatch.com
Here's why the Senate's filibuster rule could safely be abolishedIt’s actually quite hard to pass legislation, thanks to the Constitution’s robust separation of powers.
11:18 a.m. March 2, 2021 - By Robert Schroeder
Biden huddles with Senate Democrats as $1.9 trillion relief bill moves forwardPresident Joe Biden was scheduled to meet with Senate Democrats on Tuesday, as his $1.9 trillion coronavirus aid package begins moving through the chamber and lawmakers eye a mid-March deadline for passage.
11:07 a.m. March 2, 2021 - MarketWatch.com
Senate confirms Gina Raimondo as Biden's commerce secretaryThe Senate voted overwhelmingly Tuesday to confirm Rhode Island Gov. Gina Raimondo to serve as President Joe Biden’s commerce secretary and help guide the economy's recovery during and after the coronavirus pandemic.
11:02 a.m. March 2, 2021 - MarketWatch.com
Chairman of Alibaba’s Ant Group insists IPO is still on the cardsChinese officials cited antitrust issues when they halted Ant Group’s IPO last year days before the planned $37 billion listing in Hong Kong and Shanghai.
10:49 a.m. March 2, 2021 - MarketWatch.com
U.S. sanctions Russian officials over nerve-agent attack on NavalnyThe Biden administration sanctioned seven mid- and senior-level Russian officials on Tuesday, along with more than a dozen businesses and other entities, over a nearly fatal nerve-agent attack on opposition leader Alexei Navalny and his subsequent jailing.
10:45 a.m. March 2, 2021 - By Lina Saigol
Single dose of AstraZeneca or Pfizer COVID-19 vaccine cuts hospitalization risk by more than 80%, study shows France revises its stance and approves the AstraZeneca–Oxford vaccine for the over-65s.
10:18 a.m. March 2, 2021 - MarketWatch.com
Misinformation plays an increasing role as state lawmakers push back against public health measures to curb coronavirus Many Republican lawmakers have criticized governors' emergency restrictions since the start of the coronavirus outbreak. Now that most legislatures are back in session, a new type of pushback is taking root: misinformation.
9:21 a.m. March 2, 2021 - By Chris Matthews
Gary Gensler signals support for climate, workforce diversity disclosure requirements in confirmation hearingsPresident Joe Biden's nominees to lead the Securities and Exchange Commission and the Consumer Financial Protection Bureau faced tough questions from the Senate Banking Committee during their confirmation hearing Tuesday.
9:14 a.m. March 2, 2021 - By Greg Robb
Fed's Brainard expresses unease about last week's bond market turmoil The U.S. economy could see a "burst" of short-lived inflation this year rather than any durable shift in price levels, said Fed Governor Lael Brainard on Tuesday.
9:02 a.m. March 2, 2021 - MarketWatch.com
U.N. human-rights experts urge independent inquiry into Navalny's poisoningTwo top U.N. human-rights experts urged an international probe into the poisoning of Russian opposition leader Alexei Navalny and called Monday for his immediate release from prison.
8:51 a.m. March 2, 2021 - MarketWatch.com
There are 329 candidates for the 2021 Nobel Peace Prize, Norwegian Nobel Committee revealsRussia's Alexei Navalny and U.S.'s Stacey Abrams, Jared Kushner and Black Lives Matter movement are among the peace-prize nominees.
8:08 a.m. March 2, 2021 - MarketWatch.com
Biden’s SEC, CFPB picks Gensler and Chopra face senators’ questions: live blogFollow along with MarketWatch for a live blog of Tuesday’s confirmation hearings for President Joe Biden’s nominees to head the Securities and Exchange Commission and the Consumer Financial Protection Bureau, where meme stocks, cryptocurrencies and student loans will be in the spotlight.
7:42 a.m. March 2, 2021 - Barrons.com
Biden Stimulus Leaves Europe Wanting The slow start of the Covid-19 vaccination rollout in the European Union also strengthens the need for a more decisive fiscal boost.
6:07 a.m. March 2, 2021 - MarketWatch.com
Central banks don't have to pick winners and losers to fight climate changeDisclosures and financial regulation don't get enough respect as tools to reduce emissions
5:30 a.m. March 2, 2021 - MarketWatch.com
Vernon Jordan, activist and former Clinton adviser, has died at 85Vernon Jordan, who rose from humble beginnings in the segregated South to become a champion of civil rights before reinventing himself as a Washington insider and corporate influencer, has died, according to a statement from his daughter. He was 85.
5:16 a.m. March 2, 2021 - MarketWatch.com
FBI chief Christopher Wray faces Senate questioning over Jan. 6 riot at Capitol FBI Director Chris Wray is set to testify for the first time since the deadly Jan. 6 riot at the U.S. Capitol, with lawmakers likely to press him on whether the bureau adequately communicated with other law enforcement agencies about the potential for violence that day.
5:01 a.m. March 2, 2021 - By Greg Robb
U.S. to announce new sanctions against Russia over attempt to kill Putin critic NavalnyThe Biden administration will place sanctions against Russian government officials over the attempt to kill and subsequently jail opposition leader Alexei Navalny, senior officials said Tuesday.
4:46 a.m. March 2, 2021 - MarketWatch.com
We should tax billionaires' wealth to help pay for pandemic recovery Elizabeth Warren's bill would levy a small tax on billionaire fortunes. It could raise billions for recovery—and help protect our democracy.
3:56 a.m. March 2, 2021 - By Katie Marriner
State of the States: Are rainy days here again? In four charts, the pandemic's pain States and localities had only just recovered from the Great Recession when the coronacrisis erupted. One year on, how are the states doing?
3:11 a.m. March 2, 2021 - By Paul Brandus
Political gerrymandering is bad news for the economyWatch the coming redrawing of congressional districts.
3:04 a.m. March 2, 2021 - Barrons.com
EVs Will Rule the World—If They Can Find the Parts Zoom Video blows past earnings expectations, airline stocks are rising, how Democrats can get stimulus signed into law by March 14, and other news to start your day.
1:05 a.m. March 2, 2021 - MarketWatch.com
Checks, automatic jobless-benefit extensions sought in next big Democratic billEven though President Joe Biden's first big bill has yet to clear Congress, lawmakers are already setting down markers for what they want in a second one: recurring direct payment checks and extended jobless benefits as long as the economy remains weak.
11:49 p.m. March 1, 2021 - MarketWatch.com
Iran rejects EU offer to resume nuclear talks with U.S.An Iranian government official said on Sunday that Tehran wouldn’t accept to resume talks to salvage a 2015 nuclear deal with world powers that former U.S. president Donald Trump denounced.
2:02 p.m. March 1, 2021 - MarketWatch.com
Georgia House passes Republican bill rolling back voting accessRepublican lawmakers in Georgia muscled legislation through the state House on Monday that would roll back voting access, over the objection of Democrats and civil rights groups gathered at the Capitol to protest.
1:49 p.m. March 1, 2021 - MarketWatch.com
Donald Trump and wife Melania were vaccinated against COVID-19 before leaving White HouseThe pair had both contracted the coronavirus-borne disease in the fall, and then-President Trump spent several days in the hospital undergoing aggressive treatment before resuming his re-election campaign.
12:03 p.m. March 1, 2021 - MarketWatch.com
$1.9-trillion relief package is now in Senate's hands as Democrats eye March 14 deadlineDemocratic efforts to push a $1.9-trillion package through Congress to offset the coronavirus pandemic's economic impact switch to the Senate this week, as a key deadline looms in the middle of the month.
11:39 a.m. March 1, 2021 - By Andrea Riquier
Chuck Reed warned of city services 'insolvency' after the Great Recession. He thinks the corona-crisis may be worse.The plain-speaking mayor of one of the richest cities in the country believed it was on the brink of bankruptcy and tried to rein in excessive city expenses like pensions, with mixed success.
11:23 a.m. March 1, 2021 - By Jeffry Bartash
Manufacturers grow at fastest pace since pandemic, ISM finds, as economy speeds upAmerican manufacturers grew in February at the fastest pace since the onset of the pandemic and business leaders are increasingly optimistic about the economy, a new survey showed. The Institute for Supply Management said its manufacturing index climbed to a three-year high of 60.8% last month.
8:40 a.m. March 1, 2021 - By Chris Matthews
Meme stocks, crypto and student loans: what to watch for at SEC, CFPB confirmation hearings President Biden will have the opportunity to force profound changes on the American corporate sector on Tuesday morning, when his picks to lead the Securities and Exchange Commission and the Consumer Financial Protection Bureau will participate in confirmation hearings before the Senate Banking, Housing and Urban Affairs Committee.
8:35 a.m. March 1, 2021 - By Robert Schroeder
Migration, COVID, economy on agenda in Biden’s meeting with Mexican president President Joe Biden is expected to discuss migration, the COVID pandemic and economic cooperation with Mexico in his Monday meeting with President Andrés Manuel López Obrador.
6:02 a.m. March 1, 2021 - By Jillian Berman
'They can’t coerce the states into doing anything:' Biden does NOT have the power to enforce in-person learning at K-8 schools --- here's whyThe federal government can provide money to re-open schools, but it's states and districts who ultimately decide whether to reopen.
5:24 a.m. March 1, 2021 - By Alanna Schubach
The Outlook for Sales of Units in Trump-Branded Residences Is MixedIn New York, price per square foot is declining, but in Florida there are still plenty of buyers
5:07 a.m. March 1, 2021 - MarketWatch.com
'Do you miss me yet?': At CPAC, Trump repeats election lies, says he won't start third partyTaking the stage for the first time since leaving office, former President Donald Trump on Sunday called for Republican Party unity in a speech at a conservative political conference, even as he exacerbated its divisions and made clear he intended to remain a dominant force in the party.
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