California $20 Fast-Food Minimum Wage Is Coming April 1

California $20 Fast-Food Minimum Wage Is Coming April 1

The ambitious law, which supporters hope will be implemented nationwide, has been sharply criticized by opponents. For advocates, it’s a step toward fair compensation for low-wage workers who have been at significant risk during the pandemic. For opponents, it’s a disastrous move that will drive up food prices, lead to job losses and force some…

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Bank Runs Spooked Regulators. Now a Clampdown Is Coming.

Bank Runs Spooked Regulators. Now a Clampdown Is Coming.

A year after a series of bank runs threatened the financial system, government officials are preparing to release a regulatory response aimed at preventing future collapses. After months of tentative decisions at conferences and in quiet discussions with bank executives, the Federal Reserve and other regulators could announce new rules this spring. At least some…

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