April 29, 2024 – 10:30 am
See, it’s not that the policies of Biden and Democrats, such as too much spending and borrowing money, are causing issues. Nope, it’s you older rich Americans Affluent Americans are driving US economy and likely delaying need for Fed rate cuts Since retiring two years ago, Joan Harris has upped her travel game. Once or […]
April 27, 2024 – 10:30 am
Despite the musings from Biden, his people, and the Credentialed Media that inflation is no big deal and “coming down”, the people who actually know about this stuff know the truth New inflation reading reinforces Fed’s higher-for-longer stance Another hot inflation reading reinforces that any near-term interest rate cuts are less likely as the Federal Reserve […]
April 26, 2024 – 4:31 pm
In fairness, there certainly are issues with deeming some employees as “exempt”, meaning they are salaried and cannot get OT. Some companies will deem supervisors at the low end exempt to avoid paying them OT when they do not really have much in the way of power. Still, this may not go well 4.3 million […]
April 18, 2024 – 3:00 pm
Gee, what could possibly go wrong? California Health Workers May Face Rude Awakening With $25 Minimum Wage Law Nearly a half-million health workers who stand to benefit from California’s nation-leading $25 minimum wage law could be in for a rude awakening if hospitals and other health care providers follow through on potential cuts to hours and benefits. […]
April 12, 2024 – 10:30 am
Even after watching the results of the restaurant wage bill, with all the layoffs and price increases, the head honchos will get the peasants to push for this. Which is easy, because the peasants see easy money for low skilled work and head honchos won’t lose their own cushy, over-paid jobs Labor group demands California’s […]
April 9, 2024 – 7:00 am
So, how does this all work? The uber-Leftists in SF make crime, prosecuting criminals, and safety a low priority, along with allowing poop and drug needles in the streets, so stores are getting ripped off constantly and to a point that they are losing money. Customers and employees are in constant danger. And have to […]
April 8, 2024 – 6:45 am
On the heels of their $20 minimum wage for restaurants law, which is seeing businesses raise prices, cut employees, and even close, the People’s Republik Of California is going to try something else to mess with the economy California could become first state to give workers a ‘right to disconnect’ California could become the first […]
April 6, 2024 – 6:45 am
It’s probably those greedy rich folks cashing out, right? 99 Cents Only to close all 371 stores and wind down its business 99 Cents Only Stores will close all 371 of its stores and wind down its business operations after more than four decades, the City of Commerce discount chain announced Thursday. “This was an […]
April 3, 2024 – 7:00 am
If only someone had warned the LA Times, which was super supportive over raising the minimum wage for a specific industry, that there would be Unintended Consequences. First, though Mass Layoffs Begin At California Fast Food Chains As $20 Minimum Wage Law Takes Effect https://t.co/xqEY4Ywqbw — zerohedge (@zerohedge) April 2, 2024 I’m shocked! Starbucks, Chipotle, […]
March 27, 2024 – 12:00 pm
I know, I know, you’re shocked Calif. fast-food chains slash workers as $20-an-hour minimum wage looms https://t.co/OT0E0vFXUs pic.twitter.com/kbmnz8CDXt — New York Post (@nypost) March 25, 2024 We already know that Pizza Hut and others were planning on laying off drivers and using 3rd party delivery services. Now (NY Post) California restaurants are reportedly laying off […]
