$20 Wages Has Burger Joints In This State All Heated

Not-So-Happy Meal: $20 Wages Has Burger Joints In This State All Heated California fast-food employees started earning a minimum of $20 an hour in April. Thanks to a new law, which went into effect earlier this month, California chain restaurants with at least 60 locations nationwide have to pay their employees more. For smaller restaurants, … Read more

TSMC first-quarter profit expected to rise 5% on strong AI chip demand

By Ben Blanchard and Faith Hung TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co, the dominant producer of advanced chips used in artificial intelligence applications, is expected to report a 5% rise in first-quarter profit on Thursday thanks to strong demand. The world’s largest contract chipmaker, whose customers include Apple and Nvidia, has benefited from a … Read more

China’s economy grew 5.3% in first quarter, beating expectations

HONG KONG (AP) — China’s economy in the first quarter beat expectations while receiving a boost from policies and an increase in demand, the government said Tuesday. The world’s second-largest economy expanded at a 5.3% annual pace in January-March, beating analysts’ forecasts of about 4.8%, official data show. Compared to the previous quarter, growth was … Read more

Trump fundraising picks up, with help from big donors

Former President Donald Trump’s money machine ramped up in the first quarter of 2024, with the Republican National Committee raking in millions from a new joint fundraising arrangement. Trump’s own joint fundraising committee separately reported raising $65 million, a total nearly double its 2023 pace that will nonetheless still leave him well behind President Joe … Read more