Wages and salaries

The Biden-Harris administration announced a final rule Tuesday that raises the minimum salary threshold to qualify for overtime pay.

Some restaurant workers and restaurant owners are at odds over a bill being discussed this legislative session. If passed into law, Senate Bill 221 would increase the wages of tipped workers, to meet minimum wage. The current minimum wage is $15.69 an hour. But right now, restaurant servers have an hourly wage of $6.38 and $8.23 for bartenders. “Connecticut tipped…

Latinas continue to experience a wage gap compared to white, non-Hispanic men at every education level, losing millions over a 40-year career.

U.S. consumers have cut back on spending and plan to continue to do so through the holiday shopping season, a new CNBC-Morning Consult survey says.

High inflation continues to add financial stress to workers’ budgets. Experts say new benefits to provide emergency savings plans may help.

Ethan Nguonly could afford a pretty luxurious life on his nearly $200,000 income. But here’s why he tries to live ‘as frugally as possible.’

Hundreds of Connecticut Children’s employees will soon see increased wages. The hospital said they plan to increase their minimum hourly wage from $15 to $18 an hour starting Oct. 6. Connecticut Children’s, located in Hartford, said the increase will directly benefit nearly one-third of their team members. “The new pay rate will directly and immediately benefit nearly one-third of Connecticut…

In some states, you need to make over $100,000 to cover expenses and save for retirement.

UPS and the Teamsters Union reached a tentative agreement late last month, averting a strike.

More than 100 restaurant workers will soon get the pay they deserve. The U.S. Department of Labor (USDOL) says employers at six Connecticut restaurants withheld tips, wages and overtime from employees, violating the Fair Labor Standards Act. A federal court has ordered them to pay more than $850,000 in back wages and damages. The restaurants under fire are in New…

Some consumers say they tip bartenders over 20%, even though etiquette experts say it’s unnecessary.

Even if you have a net worth of $1 million, it’s not enough to feel financially comfortable in San Francisco.

Looking to make the most out of your money? Be wary of these seven cities where $250,000 has the least purchasing power.

How rich you feel can vary based where you live. In San Francisco, you need a net worth of at least $4.7 million to feel wealthy.