Japan's rising minimum wage likely to push up inflation, BOJ says

World - Yahoo News - November 1

Ford to cut 4,000 jobs in Europe

Headcount reduction comes as industry faces pressure over EV switch and competition from China

Business - Financial Times - 2 days ago

Minimum wage to rise to £12.21 an hour next year

The National Living Wage will rise by 77p from £11.44 per hour for workers over the age of 21.

Japan's October headline inflation rate falls, but economists still see BOJ rate hike on the table

Core inflation came in at 2.3%, down from September's 2.4% but higher than the 2.2% that was expected.

Business - CNBC - Yesterday

Bolt drivers win right to holiday and minimum wage

Thousands of drivers on ride-hailing and food delivery app Bolt have won a legal claim to be classed as workers.

The best (and worst) cities for renters making minimum wage

These are the 10 most (and least) affordable U.S. cities for renters making minimum wage.

Politics - The Hill - November 12

Rising energy bills push inflation to highest for six months

Higher inflation pushes up the cost of living for households, and could mean that interest rates remain higher for longer.

Japan’s new kingmaker pushes for income tax threshold rise

Yuichiro Tamaki’s once-fringe DPP has leverage over Prime Minister Shigeru Ishiba’s weakened ruling party

World - Financial Times - November 8

Raising the minimum wage is the key to the White House for Kamala Harris

While it might have made for a decent photo-op, Donald Trump’s visit to McDonald's highlights a glaring weakness that the Harris campaign should exploit: his stance on the minimum wage.

Politics - The Hill - October 28

U.K. to lift minimum wage to $15.84 an hour. Here’s how it compares to the U.S.

The U.K.’s chancellor of the exchequer confirmed the government will lift the U.K.’s national minimum wage by 6.7% in April 2025 to hourly rates of £12.21 ($15.84)

Business - MarketWatch - October 30

State Minimum Wage Hike Ballot Measures Show Mixed Results

Missouri and Alaska voters approved bumps to $15 an hour, while a Californa propsoal to go to $18 failed. Increases for tipped workers were voted down in Massachusetts and Arizona.

Business - Inc. - November 6

California Ballot Measure to Raise Minimum Wage to $18 an Hour Fails

Voters rejected a plan to boost the lowest hourly wage rate by $2, which critics said would raise prices and lead to job cuts.

Business - Inc. - 2 days ago

California voters reject ballot measure to increase the state's minimum wage

Voters in California have narrowly rejected a ballot measure that would have gradually increased the minimum wage in the state to $18 per hour, NBC News projects.

Starmer insists pro-growth policies on way after OBR’s budget warnings – UK politics live

PM says budget just ‘first step’ after watchdog said measures would make no difference to growth over five years. Rachel Reeves is now being interview on ITV’s Good Morning Britain.. She is being ...

World - The Guardian - October 31

Is US inflation on the rise?

Market Questions is the FT’s guide to the week ahead

World - Financial Times - November 10

US inflation rises to 2.6%

October figure comes as Federal Reserve debates how quickly to lower interest rates

Business - Financial Times - November 13

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Inflation ticks up Consumer prices rose 0.2 percent in October and 2.6 percent over ...

Politics - The Hill - November 14

Whether it is President Harris or President Trump, a battle over taxes and tips is headed to Capitol Hill

Donald Trump and Kamala Harris back no-tax-on-tips policy, but in an election where the economy is the No. 1 issue, economists say the idea is flawed.

Business - CNBC - November 4

7 U.S. cities where you need to earn more than 4 times the minimum wage to comfortably afford rent

Workers would need to earn quadruple the federal minimum wage in order to comfortably afford rent in these cities, per Clever Real Estate's analysis.

Business - CNBC - 3 days ago

Workers warned Budget tax rises will hit their wages

Economists say tax rises in the Budget will mean employers have less to give as pay rises.

Eurozone wages rise by 5.4% in third quarter

ECB forecasts growth in negotiated salary deals to slow after biggest increase since 1990s

World - Financial Times - 2 days ago

'Inflation is like a regressive tax,' economist says — only one group can 'easily afford' holiday spending this year

If the thought of holiday spending makes you wince, you're not alone. Only one group can easily afford this year's costs, a survey found.

Business - CNBC - October 30

How will the Fed handle Trump?

Federal Reserve chair cannot easily prepare for president-elect’s second term but might benefit from being less aggressive

Business - Financial Times - November 12

Former aide Sue Gray rejects Starmer’s job offer

Ex-chief of staff had been lined up for part-time role as link with devolved nations and regions

Business - Financial Times - November 12

Japan passes $250B economic package meant to lift wages and spur growth

Japan has approved a $250 billion economic stimulus package centered around initiatives intended to boost incomes

World - ABC News - 23 hours ago

Eurozone inflation rises to 2% in October

Annual figure is slightly above expectations and matched the ECB’s target

Business - Financial Times - October 31

Public sector pay rises and debt interest costs push up UK government borrowing; Bitcoin nearing $100,000 – business live

UK records the second highest October borrowing since 1993, while crypto-friendly Trump pushes bitcoin towards $100k. The jump in UK borrowing last month ( see opening post ) makes it hard for ...

World - The Guardian - 2 days ago

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