Biden raises minimum wage for federal contractors to $15/hour

By Nandita Bose and Jarrett Renshaw    WASHINGTON (Reuters) – President Joe Biden on Tuesday will continue his push for a national $15 minimum wage with an executive order that raises pay to at least that level for hundreds of thousands of federal contract workers, according to senior White House officials.    The move will increase the current minimum wage of $10.95

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HSBC increases minimum deposit for flats to 15% or 20% for new-builds in latest blow for first-time buyers

FIRST-time buyers were dealt a further blow after HSBC hiked up their minimum deposit for flats. The high-street bank has been one of the few who were still offering mortgages to buyers with a 10% deposit. But from Monday, house hunters will need a minimum of a 15% or 20% deposit if they are purchasing a new-build. This move will

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New Brunswick’s minimum wage to increase in April

The provincial government has announced Wednesday that the minimum wage will increase to $11.70 per hour on April 1, from the current rate of $11.50 per hour. “Our government is committed to energizing the private sector and creating the environment that our businesses need to succeed,” said Post-Secondary Education, Training and Labour Minister Trevor Holder. “We have established predictable minimum

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How A $15 Minimum Wage Could Help Lower Suicide Rates

National conversations about raising the minimum wage, with many advocates pushing for a $15 an hour minimum, have some led some jurisdictions to raise their minimum wage to double the federal rate. Now, research shows that this increase may be tied with positive health effects. Suicide rates among low-income communities may be directly influenced by minimum wage, according to a

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