Here's why the minimum wage and some tax breaks don't budge despite inflation
May 31, 2024 at 09:43 AM EDT
The minimum wage and financial thresholds tied to things like Social Security taxes don't change along with the cost of living.
Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Browse Business Sections
Latest Columns
Elsewhere in Business
- Stock market today: World stocks track Wall Street gains ahead of central bank meetings
- Vandalism hits communication lines in France during Paris Olympics
- USDA moves to limit salmonella in raw poultry products
- This week: Federal Reserve meeting, Boeing earnings, Labor Department issues July jobs report
- Federal Reserve is edging closer to cutting rates. The question will soon be, how fast?
- UK's new Treasury chief says previous government 'covered up' financial turmoil ahead of election
- What to stream this week: Zendaya hits aces, Orville Peck duets and Elizabeth Taylor sparkles
- 1 killed in Maryland mall shooting in food court area
- President Milei renews his vow to scrap export taxes as Argentina's powerful farmers get impatient
- Princess Leia bikini costume from set of 'Star Wars' movie sells at auction for $175K
Most Read
- St. Paul school retirees caught in HealthPartners, UnitedHealthcare dispute • Business
- North Loop Green could be model for declining downtowns • Business
- Ramstad: Who's got the real power? Trump or the unions? • Business
- 'It's a wild and delightful world': Minnesota's board game industry sees no slowdown in sight • Business
- CenterPoint's landmark $106 million clean energy plan approved by regulators • Business
Business
Complete coverage of business news in the Twin Cities, Minnesota and elsewhere, including Fortune 500 Minnesota companies: UnitedHealth Group, Target, Best Buy, 3M, CHS, U.S. Bancorp, General Mills, C.H. Robinson, Land O’Lakes, Ecolab, Ameriprise Financial, Xcel Energy, Hormel Foods, Thrivent Financial, Polaris, Securian Financial Group, Fastenal and Patterson Cos.