Minimum Wage

"For nearly 50 years, Starbucks has been a leader in providing relevant, industry-leading benefits and a total compensation approach that is best-in-class for both part and full-time employees," a Starbucks spokesperson said in a statement. "Continuing in that tradition, this announcement is the next phase of its commitment to ensuring the well-being of partners with one of the most significant investments to hourly pay in the U.S. in the history of the company."

A strategy the company has used for years can help reduce the effects of external cost hikes, executives say.

President-elect Joe Biden has proposed increasing the federal minimum wage to $15 by 2026, up from the current $7.25. Raising the pay floor would help low-wage workers, Mr. Biden said before the Nov. 3 elections.

The federal minimum wage remains at $7.25.

The current minimum wage in Florida is $8.56.

Ballot Amendment 2 would raise Florida's minimum wage to $15 an hour.

In efforts to prioritize people before profit, the greek yogurt company is paving the way for corporate responsibility amid a global pandemic

White House economic adviser Larry Kudlow ripped Democratic presidential candidate Joe Biden for pledging to raise the federal minimum wage to $15 per hour.

In 2014, Hobby Lobby raised its full-time minimum hourly wage to $15. 

From education and health care, manufacturing and construction through to business and agriculture, American jobs vary in wages.

Billionaire investor Mark Cuban said Thursday that the economy will need a federal minimum wage hike to help workers get back on their feet, especially post-coronavirus.

The governor wants the wage increase to kick in May 1, 2021, instead of in January 2021.

Students at a high school in Jackson, Tennessee are gaining their traditional education while learning the skills needed to work in the manufacturing sector.

Each state has interpreted what a minimum wage is differently, so which one has the lowest?

Amazon's plan to build a mega-fulfillment center in a suburban Illinois city is drawing protest from the mayor.

A farmer discusses how raising minimum wages would impact business-owners like him, as well as American consumers.

Democratic presidential candidate Tom Steyer's plan to raise the federal minimum wage to $22 per hour is "absurd," former McDonald's USA CEO Ed Rensi warned FOX Business' Dagen McDowell Monday.

The federal minimum wage rate has remained at $7.25 per hour for the past decade.

National Kitchen & Bath Association CEO Bill Darcy shares how he plans to teach middle and high schoolers about job opportunities in his industry.

The federal minimum wage rate has remained at $7.25 per hour for the past decade