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New York CNN —California just raised the minimum wage for the state’s fast food sector workers by $4 to $20. And, although many casual observers disagree, higher wages for fast food workers could actually help fast food owners, Dongoski said. The employment level in fast food restaurants still hasn’t reached pre-pandemic levels. This has nothing to do with minimum wage.”However, the minimum wage increase serves as an accelerant, Brown said. The changes are necessary, said Ghai, who employs 3,700 fast food workers in California.
Persons: , Rob Dongoski, Dongoski, hasn’t, ” Dongoski, McDonald’s, Katie Fogerty, , David Paul Morris, Burger, Marbue Brown, we’ve, ” Brown, that’s, Brown, “ It’s, Taco, Ghai, “ Everyone’s, ” Ghai, he’s, Harsh Ghai, Condie, ” Condie Organizations: New, New York CNN, Bloomberg, Getty, Burger, Taco Bell, CNN, California Restaurant Association Locations: New York, California, Kearney, Larkspur , California, New York City
What every consumer should know about bank failures
  + stars: | 2023-05-01 | by ( Jeanne Sahadi | ) edition.cnn.com   time to read: +4 min
New York CNN —Let’s be frank: If you have a US bank account, hearing about bank failures in the past couple of months hasn’t felt great. Here’s what you need to know to keep things in perspective despite the recent closures of First Republic, Silicon Valley Bank and Signature Bank. How do I know my money is safe? How can I know if my bank will fail? The FDIC will issue information within a day or so of taking over a failed bank to let the bank’s customers know what steps if any they need to take and when.
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