Economics

Raising the minimum wage is offered as a way to help minorities and the working poor, but doing so would end up hurting those groups the most.

The CBO reveals an unrepentant president determined to impoverish further the once-vital American middle class.

Speaking at the conference for community organizers and developers hosted by the Chicago Federal Reserve on March 31, Federal Reserve Fed Chair Janet Yellen said that the U.S. economy will need Fed stimulus for “some time.”

Connecticut Governor Dannel Malloy proudly announced on Thursday that his state is the first to raise the minimum wage to $10.10 an hour — bad move.

An employment service learned that unemployment would increase if the minimum wage is hiked by asking those who would be directly affected by an increase in the minimum wage.

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