wages

Wages in the US are beating those in other rich democracies.Adjusting for inflation, Canada and the US are the only G7 countries where paychecks have increased since 2019.Inflation has slowed a lot since its high in 2022, with price increases driven mostly by housing and gas.The United States is leading…

By Gleb Stolyarov and Alexander Marrow (Reuters) – As Russia’s war effort fuels economic growth and drives up wages, air travel has been on the rise too, with Russians defying Western sanctions by heading to domestic holiday spots or “friendly” countries where they are still welcome. However, just as soaring…

By Nate Raymond (Reuters) – A U.S. appeals court on Friday struck down a rule adopted by President Joe Biden’s administration designed to raise pay for tipped workers, citing a recent U.S. Supreme Court ruling that curtailed federal agencies’ ability to issue regulations. A three-judge panel of the New Orleans-based…