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Clothes retailer Gap Inc. will raise employees’ minimum wage to $10 by 2015

U.S. retailer Gap Inc. announced Wednesday that it will voluntarily boost the minimum wage of US employees to $9 an hour in 2014 and $10 an hour in 2015. Gap said the policy change will affect about 65,000 workers in the U.S. “Our analysis determined that by increasing hourly pay…

Bernie Sanders debates conservative economist over living wage laws

Tuesday on CNN, Senator Bernie Sanders (I-VT) and conservative economist Douglas Holtz-Eakin debated the effects of raising the minimum wage. President Barack Obama has called on Congress to raise the federal minimum wage from $7.25 to $9 per hour. The minimum wage was last raised from $5.15 in 2007 to…

Romney: No need to raise the minimum wage

Former Massachusetts Gov. Mitt Romney said Monday that he was against raising the federal minimum wage, which is currently $7.25 per hour. The Republican presidential candidate had previously said that he supported automatic increases in the federal minimum wage based on inflation. “A lot of conservatives led by the Wall…

Busted! RNC chair can’t name minimum wage, complains of ‘trap’

Republicans claim to be the party for working class whites, and in fact a new poll says as much today. But Tuesday the chairman of the Republican National Committee proved that he may not be as in touch with working class Americans as he would like you to think. In…

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