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The Latest Breaking News from Minimum Wage

You’d Need To Work for 3.5 Million Years To Match Elon Musk’s Net Worth — Here’s the Math

Someone making around $115,000 annually, or $55 per hour, would need to work 3.5 million years to accumulate that amount of money.

GOBankingRates

Is Housing 'Out of Reach' for More Than Half of Workers?

Plus: Single-stair reform in Nashville, an inclusionary zoning lawsuit in Seattle, and a zoning-created full-service Popeyes in Illinois.

Reason

Trump vs. Harvard

Plus: City-run grocery stores, Peronists for prison, California can't figure out how minimum wage hikes work, and more...

Reason

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How To Become a Millionaire While Working at McDonald’s

This experiment will show how someone making the federal minimum wage could potentially have $1 million when they retire at 65.

GOBankingRates

California's Minimum Wage Hike Cost 18,000 Fast-Food Jobs as Employment Ticked Up in Other States

The law transferred wealth from workers who lost their jobs to those who didn’t.

Reason

There Are Better Ways To Help Restaurant Workers Than No Tax on Tips

Helping servers takes more than a temporary tip tax break.

Reason

‘How did you make $0?’: Server works for 77 hours. Then she gets her paycheck, proving why you need to ‘tip your servers’

A server recently revealed that she received a paycheck for $0. People are blaming her.

The Mary Sue

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Make a Living by Working Just 20 Hours a Week — Financial Expert Shares Her Method

Bernadette Joy of “Crush Your Money Goals” shares her four steps that can make this dream possible.

GOBankingRates

National Trust to cut at least 550 jobs after £10m rise in costs from Reeves’s budget

Exclusive: Charity hit by increase in employer national insurance and minimum wage and aims to save £26m

The Guardian - UK

“The biggest live performer of all time is Taylor Swift. But without the female audience – no Taylor!": Kiss star Gene Simmons says the music industry ain’t what it used to be – and blames “the fans” for putting young bands out of business

"There is no minimum wage for songwriters," he says

MusicRadar

Revealed: Unemployed people on sickness benefits paid £2,500 more than minimum wage workers

A Universal Credit claimant who is not working and claims housing payments and PIP for ill health will receive £25,000 next year, according to research

Evening Standard

No Degree, No Inheritance, No Safety Net—Just Grit. This Millennial Escaped Generational Poverty And Wants Others To Know They Can Too

Growing up in a trailer park with parents working minimum wage jobs, this millennial didn't have a college degree, inheritance or a financial safety net. What they did have was a job at 16, the drive to keep moving, and two decades of relentless effort that broke the cycle of…

Benzinga

'No tax on tips' sounds great until you explore the history—as many will soon discover

Untaxed tips are an invitation to fraud, and bosses and customers react to them in unpredictable ways.

Fortune

Minimum wage to increase for more than 880,000 workers

IN FULL

The Independent UK

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Reason

10 of the Worst State Laws Going Into Effect in July

From minimum wage hikes to bans on cellphones in public schools, here are some of the most ridiculous ways state governments are interfering with Americans’ lives.

The Independent UK

All the states where minimum wage will rise in July

This summer, Alaska, Oregon and Washington, D.C. will increase their minimum wage for more than 880,000 workers, collectively

The Guardian - AU

1 July changes: minimum wage, Centrelink payments, parental leave, road fines and everything else coming for 2025-26

New financial year means improved benefits for the less well off, and cameras that can see drivers using their phones

The Guardian - AU

Thousands of Australian uni students will now receive $331 a week for practical placements. But not everyone’s happy

Teaching, nursing, midwifery and social work students to benefit, as government urged to expand eligibility and increase pay to minimum wage

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news in one place.

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The Independent UK

German minimum wage set to rise by about 14% over the next 18 months

Germany’s minimum wage is set to rise by about 14% over the next 18 months under an agreement that appears to defuse a potentially divisive issue for the new government

Benzinga

'The Minimum Wage In This Country Is Ridiculous,' Says Joe Rogan, Asks, 'How Do You Live Off $7?'

Comedian and podcaster Joe Rogan and Sen. Bernie Sanders (I-VT) spoke openly in their latest conversation on “The Joe Rogan Experience,” diving deep into the realities of low wages, automation, corporate greed, and the future of human purpose in a tech-driven world.

The Independent UK

Gen X is the least financially secure generation — and most Americans say they need six figures to live comfortably

Compounding financial pressures are making the dream of a single-income household a thing of the past, analysts say

The Guardian - AU

1 July changes: minimum wage, Centrelink payments, parental leave, road fines and everything else coming for 2025-26

New financial year means improved benefits for the less well off, and cameras that can see drivers using their phones

Pedestrian.tv

From Wages To Road Rules, Every Change Coming July 1 Young Aussies Need To Know

The new financial year is right around the corner, and with it comes a bunch of changes hitting your wallet from July 1.

Evening Standard

AO World looking to automation and offshoring in face of wage cost surge

The group is set for around an extra £8 million a year in costs from April’s higher national insurance contributions and minimum wage rise.

Bangkok Post

All Bangkok workers to get B400 minimum wage from July 1

An increase in the daily minimum wage to 400 baht for all workers in Bangkok will take effect on July 1.

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