Pay Cut

Walmart has recently decided to reduce the starting pay for new employees. Despite the pay cut, Walmart's stock price has been on a remarkable rise, reaching new record highs. Since its bullish trend beginning in November 2015, Walmart's stock has surged by 190%. Walmart Inc (NYSE: WMT),...

New research finds that since President Joe Biden took office, American workers have seen a drop in their real wages. A study by the Federal Reserve Bank has revealed that as Americans are struggling with soaring prices, they have suffered the steepest loss in wages adjusted for...