Bank Of Japan Raises Rates For First Time In 17 Years
https://www.rttnews.com/3433043/bank-of-japan-raises-rates-for-first-time-in-17-years.aspx?type=alleco
Mar 18, 2024 - The Bank of Japan raised its interest rates for the first time in nearly two decades and became the world's last central bank to end negative rates amid signs that inflation is strengthening. The BoJ Policy Board, led by Governor Kazuo Ueda, decided in a 7-2 vote to raise the overnight interest rate around 0 to 0.1 percent from minus 0.1 percent.
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Minnesota carnival operator ordered to pay $210K in back wages for breaking H-2B visa laws
https://www.startribune.com/goldstar-amusements-faribault-minnesota-carnival-operator-h-2b-visa-wage-laws/600354635/
Mar 28, 2024 - The company, along with an associated food vendor, plan to appeal the ruling, their lawyer said.
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How restaurants are reacting to the California $20 minimum wage
https://www.nrn.com/first-bite/how-restaurants-are-reacting-california-20-minimum-wage
Apr 05, 2024 - In light of California’s new $20 minimum wage bill for fast-food workers, which went into effect on April 1, restaurant chains and franchisees are already taking action, in some cases by raising prices by as much as 7-8% for select menu ite
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Minneapolis City Council members may postpone start of Uber, Lyft minimum wage ordinance by two months
https://www.startribune.com/minneapolis-city-council-members-may-postpone-start-of-uber-lyft-minimum-wage-ordinance-by-two-months/600357740/
Apr 10, 2024 - Council President Elliott Payne is willing to extend the start date for Minneapolis' new rideshare wage ordinance from May 1 to July 1; such a change will still require a full council vote.
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Macy's proxy fight is over, but the battle for the department store's future wages on
https://www.cnbc.com/2024/04/13/macys-arkhouse-take-private-fight-continues-after-proxy-settlement.html
Apr 13, 2024 - CEO Tony Spring is on the clock to execute a turnaround vision with potential buyers pressing ahead with a bid to take Macy's private.
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How one nonprofit is turning to AI to help boost women's financial literacy
https://www.cnbc.com/2024/04/29/how-savvy-ladies-uses-ai-to-help-boost-womens-financial-literacy.html
Apr 29, 2024 - New artificial intelligence tools may make financial information more accessible. Experts say that may be a game-changer when it comes to financial literacy.
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Australia Wage Price Data Due On Wednesday
https://www.rttnews.com/3447447/australia-wage-price-data-due-on-wednesday.aspx?type=alleco
May 14, 2024 - Australia will on Wednesday release Q1 figures for its wage price index, highlighting a modest day for Asia-Pacific economic activity. In the three months prior, wage prices rose 0.9 percent on quarter and 4.2 percent on year.
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'It just never gets better': The gender wage gap still plagues Minnesota, U.S.
https://www.startribune.com/women-gender-pay-gap-endures/600365612/
May 16, 2024 - The gender pay gap exists at all income levels, but it widens as women earn more. Race exacerbates the disparity.
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Walmart's hiring and wage pressures have eased, CEO says
https://www.cnbc.com/2023/12/06/walmart-hiring-wage-pressures-have-eased-ceo-says.html
Dec 06, 2023 - Walmart CEO Doug McMillon also said artificial intelligence is changing employees' roles across stores and in warehouses.
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BoE's Broadbent: Further Evidence Needed To Conclude Downward Trend In Wage Growth
https://www.rttnews.com/3412185/boe-s-broadbent-further-evidence-needed-to-conclude-downward-trend-in-wage-growth.aspx?type=alleco
Dec 18, 2023 - Further evidence is required to conclude that wage growth is cooling, and for the Bank of England to consider interest rate cuts, Deputy Governor Ben Broadbent said Monday. There is a little more uncertainty than usual about the behavior of unemployment, Broadbent said in a speech at the London Business School.
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