Back in 1938, the Fair Labor Standards Act led to the first minimum wage of $0.25 per hour. Over time, the federal minimum wage has obviously increased — but it hasn't always kept pace with inflation.

The Department of Labor Wage and Hour Division issued four opinion letters interpreting the Fair Labor Standards Act (FLSA) on Jan. 5, 2026.

The minimum wage is increasing in 22 states in Washington DC. Let's talk about what that means for workers. These changes go into effect in 2026, most of them on January 1st, and for people who are ...

WASHINGTON — Nearly 20 U.S. states will be raising their minimum wages on Jan. 1, while three other states are also planning increases later in 2026. The moves have the potential to boost pay for ...

As of January 1, New York State’s minimum wage for Upstate is $16.00 up from $15.50. New York State’s minimum wage was the same as the Federal minimum wage of $7.25 as recently as 2013, 13 years ago.

Minimum wages vary widely across Europe. Euronews Business takes a closer look at them in both euro and purchasing power ...

Sabrina Karl has over two decades of experience writing about savings, CDs, and other banking topics. She is currently a full-time staff writer at Investopedia and one of the country's top experts on ...