Sen. Elizabeth Warren made her first visit to Iowa this past weekend after announcing the formation of her presidential exploratory committee. And during the three-day trip, the Massachusetts Democrat’s message centered around addressing two major problems: economic inequality and the influence of money in politics — with the latter often driving the former. “Every issue that we face — gun safety, environmental disaster, student loan debt, Social Security — they all intersect at this problem of corruption, they all intersect at a Washington that is working for the wealthy and well connected, and not for you,” Warren said during her first event Friday evening in Council Bluffs. One other issue you could add to the list: the minimum wage. “When I was a kid, a minimum wage job in America would support a family of three. It would pay a mortgage, keep the utilities on, and put food on the table,” Warren said during the same event. … [Read more...] about Elizabeth Warren says the minimum wage no longer keeps a single mother out of poverty. Is that true?
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Joe Mcdonald, Associated Press Updated 6:58 pm CST, Tuesday, December 18, 2018 The logo of Huawei stands on its office building at the research and development centre in Dongguan in south China's Guangdong province, Tuesday, Dec. 18, 2018. While a top executive of Chinese tech giant Huawei faces possible U.S. charges over trade with Iran, the company's goal to be a leader in next-generation telecoms is colliding with security worries abroad. Australia and New Zealand have barred Huawei as a supplier for fifth-generation networks, joining the U.S. and Taiwan. Last week, Japan's cybersecurity agency said Huawei and other vendors deemed risky will be off-limits for government purchases. less The logo of Huawei stands on its office building at the research and development centre in Dongguan in south China's Guangdong province, Tuesday, Dec. 18, 2018. While a top executive of Chinese tech giant ... more Photo: Andy … [Read more...] about Huawei calls on US, others to show proof of security risk
PUBLISHED: 07:00 17 December 2018 Aaron Walawalkar Redbridge has suffered a 34pc decrease in real wages in 10 years. Picture: Yui Mok/PA Wire/PA Images Yui Mok/PA Wire/PA Images Redbridge has suffered the worst decrease in real wages in the capital since 2008. Analysis from the Trade Union Congress (TUC) released on Friday (December 14) shows that workers in Redbridge are now earning on average 34pc less than they did a decade ago.Where the average weekly real wage stood at £535 in 2008 it now stands at £354, a fall of £181 a week and the lowest weekly wage in the capital. Barnet is the second worst with a 23pc decrease followed by Newham at 20pc. Only two London boroughs have seen an increase in wages – Merton and Southwark. “I think the finger is pointed to the national government,” said Council leader Jas Athwal. “A lot of the economy in Redbridge is being employed by public services – the King George … [Read more...] about Redbridge suffers worst real wage decrease in London in 10 years
Cars image/svg+xml Crossover SUV Sedan Pickup Luxury Coupe Sports Car Convertible Hatchback Wagon Van / Minivan CPO Home › NYC mandates $17/hour minimum wage for Uber, Lyft drivers December 5, 2018, 1:48 pm by Justin King The move spells trouble for Uber as the company continues to post losses every quarter. The New York City Taxi and Limousine Commission has mandated a minimum wage for ride-hailing drivers, affecting services such as Uber and Lyft.Drivers must earn at least $17.22 per hour after expenses are paid, or $26.51 per hour gross. The commission estimates that the average pay for nearly 80,000 drivers will jump by more than $9,500 annually.Uber has faced strong criticism from the traditional taxi business and its own community of drivers. Its payouts to New York City drivers are estimated to equate to less than $12 per hour. In other cities, separate analysis has pointed to wages around $9 per hour or less."TLC's implementation of the City Council's … [Read more...] about NYC mandates $17/hour minimum wage for Uber, Lyft drivers
Average rents in Hillingdon have risen 11 times faster than wages over the past six years, pricing "younger people out of the housing market". Between 2011 and 2017, the average rent for a two-bed property in the area rose by 35.1%, with the median cost in 2017, £1,250 a month. However, average monthly earnings have risen by just 3.2%, according to analysis by the GMB union. Hounslow has seen the average rent rise by 35%, 4.1 times faster than the average rise in wages of 8.6%, with a similar gap in Ealing , where rents rose by 32.5%, 3.8 times faster than the 8.6% rise in wages. In Harrow , average rents rose by 35.9%, while average monthly wages were up 10.4%, while in Westminster , where the median rent for a two-bed property was £2,492 in 2017, average rents rose by 9.5% between 2011 and 2017, while average monthly wages were up 3.3%. Read More Huge new housing developments Hammersmith and Fulham saw a 23.2% rise in rents, compared to a 14.3% rise in wages, while … [Read more...] about Rents are rising 11 times faster than wages in Hillingdon