sees

California’s $20 minimum wage sees fewer customers: study

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California’s new $20-an-hour minimum wage law for fast-food workers reduced visits to popular chains as restaurants like McDonald’s, Wendy’s and Burger King raised prices to offset higher costs, according to a study. California’s new $20-an-hour minimum wage law for fast-food workers led to higher prices and lower traffic at popular chains including McDonald’s, Wendy’s and … Read more

The federal interest rate sees no change

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The Federal Reserve on Wednesday kept the key interest rate unchanged and signaled that only one cut is expected before the end of the year. With markets hoping for a more accommodative central bank, Federal Open Market Committee policymakers took two rate cuts off the table after their two-day meeting from three indicated in March. … Read more