Today, uh, we're announcing $25 an hour, which is $50,000 for a starting salary across the country, um, and higher in some places where the prevailing wages are higher, obviously. But that what that gives the teammate a chance to join our company, spend their whole career here, and support their families. So, not only is it the the $25 an hour minimum starting wage, it's the benefit structure, which is a a full 401k match, a full benefit cost that we for the teammates in the brackets of $25 an hour.We basic ...

We begin this hour with a leadership shakeup at Bank of America. Brian Moynihan recently naming Dave Athanasiou and Jim Demark as co-presidents. The firm writing in a statement, quote, Athanasiou and Demarr will drive company wide initiatives focused on long term growth and returns and oversee Bank of America's eight lines of business.I'm very pleased to say that. Joining us now is the Bank of America chat CEO Brian Moynihan. Brian, of course, in London, we're here in New York.You're actually in our home an ...

Bank of America will increase its minimum wage to $25 an hour next month, the final step in a long-term goal the company set several years ago https://t.co/43MvraJhsG ...

Japan will raise its minimum hourly wage by a record 6.3%, supporting the case for the BOJ to keep hiking rates https://t.co/dvRQ6MjhhO ...

Raising the minimum wage can increase the number of jobs with good benefits and chances for career advancement, according to a new analysis from the National Bureau of Economic Research. https://t.co/2vnSGy0Yxd ...

The CEO of McDonald's says restaurants that rely on tips are letting diners pick up the bill when it comes to paying their employees. Speaking on CNBC Tuesday morning, McDonald's CEO Chris Kempczinski was asked how the fast-food chain would be affected by the "no tax on tips" provision of the Big Beautiful Bill, which President Donald Trump signed into law in July.Proponents of the change say that it will lower taxes for a variety of employees, including restaurant servers. At McDonald's, workers don't ta ...

In the wake of the Black Death in the 1300s, England imposed strict wage caps that had a hugely damaging impact on the nation's economic development. It's a warning that advocates for further rises in today's minimum wage should heed. https://t.co/98Gxh4YcGP ...

Chimath, what issue will determine the midterms and then the 2028 election. Look at your crystal ball there, Chimath, and tell us what you see. Yeah, midterms might be easier to to think about, right.I think the midterms are going to be about the economy, but the economy is going to be a window into a lot of these other issues, the safety security issue, the immigration issue, the tariff issue, rates. I think rates are going to be an enormous swing factor here. I think Powell is really holding on white knuc ...

Chile’s communist candidate Jeannette Jara has pledged to gradually raise the minimum wage and increase lithium production in a government program released Monday, a step back from the more radical proposals she unveiled earlier this year https://t.co/UnY151eiC8 ...

A panel advising Japan’s government called for a record increase to the minimum wage for a second straight year, sending a positive signal to the Bank of Japan as it pursues demand-led economic growth https://t.co/wEwJLsFkUm ...