Hike

Biden Admin. To Purchase $6 Million Barrels of Oil Ahead of Election

The Biden administration is reportedly planning to purchase up to 6 million barrels of oil for the Strategic Petroleum Reserve (SPR) to replenish supplies after a historic sale in 2022.

CA Shake Shacks Close After Minimum Wage Hike

Six Shake Shack locations in California have closed as a result of the state's $20 minimum wage bill.

Subway to Offer Sandwiches for Discounted Price Nationwide, Excludes California

Subway recently announced it would be offering their famous "footlong sandwiches" at a discounted rate nationwide, but will be excluding the state of California.

California Fast Food Restaurants Forced to Lay Off Employees, Increase Prices Due to Minimum Wage Hike

Fast food restaurants across California have been forced to take drastic measures to stay afloat after the state implemented a $20 minimum wage hike recently.

30-Year-Old McDonald’s in San Francisco Closes After California Minimum Wage Hike

After 30 years of business, a McDonald's restaurant in San Francisco is closing its doors due to a recent California policy that has increased the statewide minimum wage to $20 an hour.

California Committee Approves Reparations Bill

A California State Legislature committee has approved a reparations bill that could cost $800 billion.

Automation Looms as California Fast-Food Restaurants Adjust to $20 Minimum Wage

California fast-food restaurants are scaling back their staff ahead of a state law that will increase the minimum wage to $20 per hour, as...

U.S. Inflation Rises in September Under Biden Admin

The "index for shelter was the largest contributor to the monthly all items increase, accounting for over half of the increase."

Gas Prices Rise Under Biden

U.S. sees gas prices reach a 10-month peak ahead of labor day.

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