Proposed by Arizona Representative Ruben Gallego, a Democrat, a newly introduced bill aims to reform the calculation method for the yearly cost-of-living adjustment (COLA) to Social Security benefits. Named the Boosting Benefits and COLAs Act, the legislation seeks to amend Title II of the Social Security Act. It mandates the Commissioner of Social Security to…
Approximately three million Californians are affected by the state’s minimum wage, which recently rose to $20 per hour. Fast-food establishments, defined by the requirement for customers to order and pay for their food before receiving it, employ around 500,000 workers earning minimum wage. As of April 1, under AB 1228, the minimum wage for fast-food…
The U.S. Federal Trade Commission (FTC) filed a lawsuit on Monday to block the parent companies of luxury handbag brands from merging. They cited concerns about price hikes and reduced competition in the luxury handbag market as reasons for intervention. Tapestry is the parent company of the brands such as Coach, Kate Spade, and Stuart…
California is considering a significant increase in gasoline prices, with a proposed overhaul of fuel regulations potentially adding up to 47 cents per gallon. The move aims to align with the state’s climate goals but raises concerns about the burden on low-income drivers. The state’s low-carbon fuel standard, implemented in 2011, incentivizes the production of…
Lots of People in Florida are Quitting Their Jobs. In February, many people in Florida decided to quit their jobs, according to info from the U.S. Bureau of Labor Statistics (BLS). This was one of the highest rates of people quitting their jobs in the whole country. The number of people quitting their jobs went…
In a groundbreaking development, Boston Dynamics has retired its iconic humanoid robot HD Atlas after 11 years of service and introduced its successor – the new, all-electric Atlas. The retirement ceremony marked the end of an era for the famous robot, known for its parkour skills, dancing moves, and flips. On Wednesday, Boston Dynamics showcased…
California’s reputation as a land of opportunity is often marred by its staggering cost of living. The Golden State’s housing market, exorbitant taxes, and pricey amenities have long driven residents to seek refuge in more affordable pastures. However, the consequences of California’s high cost of living extend far beyond its borders, casting a shadow over…
Jury duty is often seen as a cornerstone of civic responsibility in the United States. However, it’s not just about fulfilling a duty; it’s also an opportunity to address societal issues. One such issue is homelessness. Let’s explore the potential of increasing jury duty pay and involving homeless individuals as a means to tackle the…
California recently implemented a significant wage increase for fast-food workers, which has prompted McDonald’s Corp. to take some extraordinary measures to assist its franchisees in managing the escalating costs. To counteract the financial strain caused by the mandatory 25% pay raise in California, McDonald’s has reintroduced bagel sandwiches, a beloved breakfast item, at its locations…
The city of San Francisco has been battling an alarming rise in homelessness, crime, theft, and violence over the past few years. The spiked crime rates have even forced businesses such as grocery stores to close up shop all around the city. A new bill would make grocery stores provide 6 months’ notice before closing…
