Explainer: How New Jersey's Minimum Wage Is Tied to Inflation Data

Explainer: How New Jersey's Minimum Wage Is Tied to Inflation Data

After Gov. Chris Christie last week rejected a Democratic bill to boost New Jersey's hourly minimum wage by nearly $2 next year on the way to an eventual goal of $15, Democratic legislative leaders say they're looking to take the issue directly to voters.
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Don't be so quick to dismiss 'meaningful' Saudi-Russia oil deal: RBC's Croft

Despite a rally in oil prices Monday as Russia and Saudi Arabia announced they would work together to “stabilize” markets, experts have been largely skeptical of the move.
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GM settles two faulty ignition-switch cases

General Motors (GM) has settled two so-called “bellwether” cases of defective ignition switches involved in accidents. Both of the lawsuits claimed injuries caused by accidents linked to faulty ignition switches that could slip from the “On” to the …
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Australia Keeps Key Rate at Record Low in Stevens's Swansong

“Australia has always been a net importer of capital, especially in the private sector,” Morrison said in a Bloomberg Address late last month. As a result
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Tourist Influx Brings No Joy to Singapore Hotels Amid Room Glut

An influx of tourists to Singapore this year has brought little joy to the city's hoteliers, as a glut of rooms sends a key revenue measure to a six-year low.
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