Congressional Budget Office: $15 Minimum Wage Would Pull 1M People Out of Poverty, Put 1.4 Million Out of Work Over 4 years

Increasing the federal minimum wage to $15 would pull nearly one million people out of poverty, but it would also result in the loss of 1.4 million jobs, according to a report by the Congressional Budget Office (CBO). “Employment would …

Read more

Argentinean Economy Will Shrink 11.6 Percent This Year

Argentina’s central bank published a survey of economists and analysts on Friday morning, revealing that the country’s economy is set to contract by 11.6 percent this year, representing a slightly improved outlook than a previous estimate of an 11.8 percent drop.

Read more