Minimum Wage Will Rise Today
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The nation's lowest-paid workers will soon find extra money in their pockets as the minimum wage rises 70 cents to $5.85 an hour today, the first increase in a decade.
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The Spanish government has reached an agreement with unions and employers to raise the minimum monthly wage by 4.5 percent to euro512.90 (&#36;699) on Jan. 1, news reports said Tuesday.
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When Democrats blasted Republicans last fall for taking annual congressional pay raises while blocking numerous attempts to raise the minimum wage, it was an effective campaign tactic. Democrats vowed not to accept the annual cost-of-living hike until Congress increases the minimum wage.
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About 1.8 million federal employees would receive a 1.7 percent increase in their basic pay and a 0.5 percent average increase in their locality pay next year under a plan that President Bush sent to Congress yesterday, administration officials said.
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Gasoline prices extended their climb yesterday, rising a cent overnight while oil and gas futures rose on concerns about gasoline production.
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The Republican-controlled Senate smothered a proposed election-year increase in the minimum wage Wednesday, rejecting Democratic claims that it was past time to boost the &#36;5.15 hourly pay floor that has been in effect for nearly a decade.
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Stock prices are rising in moderate trading. The Dow Jones Industrial Average is up 55 points in today&#39;s early going. Advancing issues on the New York Stock Exchange hold a better than 3-1 lead over gainers decliners.
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With little fanfare, Congress yesterday approved the first increase in the federal minimum wage in nearly a decade, voting to boost wages for America's lowest-paid workers from $5.15 to $7.25 an hour over the next two years.
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The measure would raise the minimum wage to $7.25 an hour from $5.15 in three stages over two years.
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Saturday ushered in plenty of change, from pets' inheritance to hikes in minimum wage.
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The California Assembly on   Thursday approved a bill to boost the minimum wage to $8 an   hour, the highest level in the nation, and sent it to Gov.   Arnold Schwarzenegger's desk for signing.
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Households across Britain are facing the prospect of higher fuel bills, with one of the big six gas and electricity suppliers expected to announce price increases today
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The dough might be starting to rise again.
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After a decade-long wait, America's lowest-paid workers saw Congress poised Thursday to increase the federal minimum wage by $2.10.
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After a decade-long wait, America's lowest-paid workers saw Congress poised Thursday to increase the federal minimum wage by $2.10
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RICHMOND, Feb. 15 -- A House committee revived a proposal Thursday to raise the state's minimum wage to $6.50 an hour by sending the measure to the full House, even though Republican leaders have fought the move.
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China's government has ordered minimum wages raised to help the poor cope with soaring food costs, a state news agency reported Friday.