Michigan's minimum wage is the highest it's ever been, but does that mean the state’s lowest earners have more purchasing ...

The federal minimum wage sits at $7.25 per hour, unchanged since July 24, 2009. If you work full time at that rate (40 hours weekly for 52 weeks), you earn $15,080 annually before taxes. Be Aware: 10 ...

JP Spinetto is a Bloomberg Opinion columnist covering Latin American business, economic affairs and politics. He was previously Bloomberg News’ managing editor for economics and government in the ...

The federal and Wisconsin minimum wage has remained at $7.25 an hour since its last increase in 2009. A full-time worker earning the current minimum wage falls below the federal poverty threshold.