Minimum wage is on the rise in New Jersey. The Garden State enacted the increase — from $8.85 to $10 — on Monday, the first in a series of pay hikes meant to bring the state to a $15 minimum wage by 2024.
Governor Phil Murphy signed the increase into law in February, and it's expected to impact more than one million New Jersey residents.
Both of the state's senators, Bob Menedez and Cory Booker, supported the legislation.
Seven states have passed similar “Fight for 15” laws, and this year, 18 states have raised their minimum wage ー though not necessarily to $15-an-hour -- according to the National Conference of State Legislators.
Still, on the federal level, the campaign for a $15 minimum wage has not seen success.
The Raise the Wage Act, which would increase that benchmark by 2024, is stalled in the legislature without Republican support.
Today, more than 80 million Americans are paid by the hour, according to the Bureau of Labor Statistics.
Meanwhile, more than half a million Americans make the current federal minimum wage, which has hovered at just above $7 an hour since 2009.
Smartphones could get much smarter this year as the next wave of artificial intelligence seeps into the devices that accompany people almost everywhere they go.
The plans would include nearly 20,000 homes initially for 50,000 residents and could grow to 400,000 people.
In an annual assessment of global inequalities, Oxfam International said the first trillionaire could emerge within the next decade — as the anti-poverty organization pointed to the growing wealth gap that skyrocketed globally during the pandemic.
The Biden administration proposed a cost drop for overdrawing bank accounts, which it says could particularly relieve Americans living paycheck to paycheck.
With thousands of layoffs in tech and beyond, how workers can keep their skills sharp, plus reasons to be hopeful when looking at the job market.
Taking a look at investment strategy as the new year gets into full swing.
Americans stepped up their spending in December more than expected, closing out the holiday season and the year on an upbeat tone. The Commerce Department said retail sales rose 0.6% in December compared with a November’s 0.3% increase.
A New York architect charged in a string of slayings known as the Gilgo Beach killings was accused in a 25-year-old Connecticut woman's death.
Uber purchased Drizly in a cash-and-stock deal for $1.1 billion in 2021. The drink delivery app will shut down in March, according to Uber.
After Donald Trump's victory at the Iowa caucus, Nikki Haley and DeSantis continue their campaigns as New Hampshire's primary looms.
