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Proposal to raise minimum wage for tipped workers in Chicago advances in City Council

Marking a victory for Mayor Brandon Johnson and fellow progressives on the City Council, a measure that would make Chicago the largest American city to independently abolish a subminimum wage for workers who get tips moved forward on Wednesday. Over objections from a restaurant worker who said the move could lead to a pay cut and aldermen who predicted higher menu prices, the City Council’s ...
United States Los Angeles Nick Sposato Brendan Reilly Jessie Fuentes Carlos Ramirez Rosa
Source: yahoo.com

Thai PM: will gradually reduce electricity prices

Thai Prime Minister Srettha Thavisin said on Monday his government will be rolling out more policies by the year's end to lower living costs, including gradually reducing electricity prices and raising the minimum daily wage. To counter soft demand for Thai exports and low investor confidence, Srettha and his 11-party government have promised to revive Southeast Asia's second-biggest economy with a series of populist measures including suspending debts for farmers, raising minimum wag...
Krung Thep Mahanakhon Panarat Thepgumpanat Chayut Setboonsarng Srettha Thavisin Kanupriya Kapoor Prime Minister Srettha Thavisin
Source: yahoo.com

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Currency Traders Punish Emerging-Market Rates Impatience

(Bloomberg) -- Currency traders are revolting against dovishness in emerging-market central banks, as the prospects of a soft landing in the US raise the stakes for countries considering interest-rate cuts. Most Read from BloombergTrudeau Is Stuck in India With Faulty Aircraft After Hearing Criticism From ModiThe Mighty American Consumer Is About to Hit a Wall, Investors SayTesla and China Risk Leaving Volkswagen on a Road to NowhereGuyana Is World’s Most Booming Economy — And Is S...
New York United States Czech Republic Bloomberg Businessweek Colleen Goko Brad Bechtel
Source: yahoo.com

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