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inflation

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Economist: 2018 Minimum Wage Of $10.10 Will Be Worth $9.25

An economic analyst says timetable changes made to Maryland’s minimum wage increase bill will mean $875 a year less in a full-time worker’s yearly earnings, compared to Gov. Martin O’Malley’s original plan.

04/18/2014

The rapidly swelling cost of student loan debt is not being inflated by unaffordable undergraduate and associate degrees as 40 percent of the $1 trillion in outstanding student loan debt paid for expensive post-graduate and professional degrees. (Photo by Mark Wilson/Getty Images)

Report: 40 Percent Of $1 Trillion US Student Loan Debt From Graduate Degrees

The rapidly swelling cost of student loan debt is not being inflated simply by unaffordable undergraduate and associate degrees – 40 percent of the $1 trillion in outstanding student loan debt paid for expensive post-graduate and professional degrees.

03/26/2014

Maryland Gov. Martin O'Malley. (Photo by MANDEL NGAN/AFP/Getty Images)

O’Malley Proposes $10.10 Minimum Wage

Gov. Martin O’Malley is proposing Maryland raise its minimum wage to $10.10 an hour by 2016.

01/14/2014

When Janet Yellen makes her first public remarks Tuesday since succeeding Ben Bernanke as Federal Reserve chair, her every word will come under scrutiny. (PETER PARKS/AFP/Getty Images)

Obama Nominates Yellen to Succeed Bernanke at Federal Reserve

President Barack Obama has nominated Janet Yellen, the Federal Reserve’s vice chair, to be chairman of the nation’s powerful central bank, succeeding Ben Bernanke.

10/09/2013

Ranging from the monthly grocery bill to day care, the cost of raising a child born in 2012 will cost a middle-income family $241,080 by the time they are 18 years old.  (Photo by Rob Kim/Getty Images for Spider-Man Turn Off The Dark)

USDA Report: Raising Child Born In 2012 Will Cost Middle-Class Family $241,080

Ranging from the monthly grocery bill to day care, the cost of raising a child born in 2012 will cost a middle-income family $241,080 by the time they are 18 years old.

08/14/2013

File photo of President Barack Obama. (credit: Win McNamee/Getty Images)

President Obama Minimum Wage Plan Renews Economic Debate

President Barack Obama’s call to raise the minimum wage to $9 an hour and boost it annually to keep pace with inflation is already getting a trial run. Ten states make similar cost-of-living adjustments, including Washington state, where workers earn at least $9.19 an hour, the highest minimum in the country.

02/14/2013