FROM David Cooper
The Minimum Wage Magic Number If you make minimum wage, you probably will not be buying a Tesla anytime soon, but you’ll be making at least a little more in California and New York. Legislatures in both states passed a $15 minimum wage yesterday. Seattle and Los Angeles have approved similar citywide laws. There’s pending legislation in about a dozen other places across the country, and there’s a call to raise the federal minimum wage to $15 dollars an hour. How did that become the minimum wage magic number?
Walmart, the Minimum Wage and the Working Poor Last week, Walmart stunned the world of retail by announcing that it will give half-million low-wage workers a raise in April to $9 an hour, with the promise of $10 an hour by February of next year. Low pay has created image problems for America's biggest private employer, while reduced unemployment means new competition for workers. But even $10 is hardly enough to support a family, and labor advocates are pushing for $15. As some cities and states increase the minimum wage, we hear what life is like at the lowest end of the pay scale.
Accusations of lying fly between James Comey and White House During his testimony Thursday, former FBI Director James Comey accused President Trump and other White House officials of lying when they said the FBI was in disarray and its staff had lost confidence in him. President Trump’s lawyer said Comey was wrong -- that the president never asked for his loyalty, and never asked him to back off the investigation into former NSA director Michael Flynn.
Previewing James Comey's blockbuster testimony Former FBI director James Comey testifies Thursday in front of the Senate Intelligence Committee, but his opening statement has been released. In it, he says he felt pressured by Donald Trump to declare loyalty to him and publicly clear him of any wrongdoing in the Russia investigation.
Gov. Jerry Brown: California and China will fight climate change together President Donald Trump reportedly wants the U.S. to withdraw from the Paris Climate Accord, and he’s expected to announce a decision soon. California Governor Jerry Brown heads to China to strengthen climate and clean energy ties.
Why did Jared Kushner want a back channel with Russians? News broke Friday that President Trump’s son-in-law and senior advisor, Jared Kushner, tried setting up a back channel between the Trump transition team and the Russian government. What are the consequences for Kushner, President Trump, and the investigation into Russian meddling?