Elizabeth Guevara is a journalist working to explain the world of business and economics and how it impacts your finances. She joined Investopedia in 2024 as a breaking news writer covering personal ...

It dawned on me while watching news coverage of the recent quick-service strikes calling for a $15 minimum wage that the foodservice industry needs to educate its employees and the public about the ...

Boston University economics professors James Rebitzer and Michael Manove sign an open letter calling on Massachusetts to raise its minimum wage to $15 an hour. PHOTO BY HALEY ABRAMS/ DAILY FREE PRESS ...

The federal minimum wage in the United States serves as a baseline for workers' earnings, currently set at $7.25 per hour since 2009. However, states have the autonomy to establish their own minimum ...

Despite it being widely known by anyone who can think two steps ahead that price controls have negative consequences, politicians can’t help but continue to promote price controls as policy. With ...

Virginia's minimum wage will increase by $0.36 to $12.77 per hour starting January 1, 2026. This adjustment is based on a 2.9% increase in the U.S. Average Consumer Price Index. Virginia’s minimum ...

Minimum-wage workers in Virginia are seeing a little bit of extra money in their paychecks compared to before New Year's Day; however, some people say it's still not enough. Minimum wage in Virginia ...

UC Santa Cruz professor and chair of economics Rob Fairlie told state lawmakers that California’s minimum wage should be raised so its purchasing power doesn’t continue to erode with inflation. “The ...