Senate poised to vote on Harkin minimum wage bill
The Senate seems ready to back Sen Tom Harkin D Iowa in raising the federal minimum wage from 7 25 to 10 10 in three steps by 2016, with Democrats unified and Republicans largely opposed. Supporters say higher wages boost 3.3 million low paid workers including women and youth while GOP critics warn of job losses per a CBO study.
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Barack Obama
Senate
Democrats
Congress
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Tom Harkin
Iowa
Dem
Geoffrey Garin
Congressional Budget Office
Capitol Hill
House
Economists wary of China's lending bubble risk
An AP survey of 30 economists warns of a China lending bubble that could hinder global growth unless Beijing defuses it. Optimists still expect reform to strengthen banks and eventually aid U.S. exporters. The concern centers on bank lending that surged during the 2008 crisis and was steered by local officials toward state projects rather than business needs.
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Washington, D.C
United States
Europe
China
Beijing
Associated Press
U.S
William Cheney
John Hancock Asset Management
Obama defends foreign policy record in Asia trip
President Barack Obama argued his cautious approach to global threats has avoided the missteps of war. Speaking in Manila after a weeklong Asia tour, he rebutted critics who tied Syria strikes to broader tensions with Russia and China, defending restraint after a decade of war costs.
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Barack Obama
United States
Obama
Asia
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AIVE
Taste of
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Taste of Home Magazine
Taste of Home Cooking School
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ETV
Smart Cat
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Department of Natural Rescourses Heritage
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National Wild Turkey Federation
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