Under the title “Target increases minimum wage to $10 an hour,” Reuters reports that Target is increasing its “minimum wage:” Discount retailer Target Corp has started raising employee wages to a minimum of $10 an hour, its second hike in a year, pressured by a competitive job market and labor […]
For those interested, I have summarized and explained California’s severe pension problem in an article here.
In our current environment, and against the warning of eminent free market economists in the Austrian tradition, the interest rates in the global economy are highly manipulated as a goal of monetary policy. Specifically, the interest rates are forced downward in an attempt to “stimulate the economy” and increase demand. […]