STATEN ISLAND, N.Y. -- Federal civilian workers will receive an “across-the-board” base pay increase in 2025, according to a ...

Workers’ wages will take longer to recover from inflation than previously expected, as actual prices rose more than projected ...

There are two types of federal funds rates: The federal funds effective rate: The weighted average of all the interest rates banks pay when they borrow from other banks in the country. The federal ...

The Fed's rate cut and focus on economic growth make high-quality dividend stocks, like energy and royalty companies, ...

It’s been 15 years since workers earning the federal minimum wage got a raise. The cost of living has gone up more than 45% since then, with rents and home prices rising faster than incomes in ...

A California man’s bid to return a proposed class action to state court failed, a federal magistrate said, because his former ...

Yet the nation’s wage floor has stayed stuck at $7.25 an hour. That is poverty pay, and an increase to ... In 2016, he said he wanted to raise the federal rate to at least $10, but later said ...

The Federal Reserve will begin a rate-cutting path, as soon as Sept. 18. Inflation and the economy remain hot topics in the ...

Pay for newly hired workers is dropping after adjusting for inflation. As the Fed weighs rate cuts this week, it's a sign of ...

The CME Group, which tracks the probability of a change to the federal funds target rate, put the odds of a cut after this week's gathering at virtually 100%. To combat rising prices, the fed ...

Bernie Sanders (I-Vt.) proposed hiking the federal wage floor to $17 in five years and eliminating the “tipped” minimum wage that allows restaurants to pay servers as little as $2.13 per hour ...

The Federal ... to wage growth, which is a signal of how hard companies are competing to hire. If the job market is roaring and employees are hard to come by, businesses tend to pay up to lure ...