The federal minimum wage has been $7.25 per hour since 2009, which works out to just about $15,000 per year at 40-hour weeks, without any vacation days. Congress is now debating an increase to $15 per hour as part of the next round of economic stimulus, but there is plenty of opposition.
Axios Re:Cap digs into the economics and politics of the federal minimum wage, on which it seems everyone has an opinion.
The House impeachment managers continued on the second day of former president Donald Trump's impeachment trial with footage of the Jan. 6 insurrection.
The most significant stock market story of 2021 isn’t the one about Robinhood and Reddit; it’s the story of SPACs — those blank-check acquisition companies that are multiplying like Gremlins after a midnight snack.
Axios Re:Cap talks with Victoria Grace, CEO of a $300 million SPAC called Queen's Gambit Growth Capital, about how SPACs work, why there are so many and whether the trend is a bubble.
Former President Trump’s second impeachment trial began yesterday with senators voting that the trial is constitutional and can proceed. What clues does Tuesday give us for the rest of the trial?
Plus, 33 states are proposing stricter voting restrictions.
And, the United Arab Emirates joins the Mars Club with a mission that's hopeful for all Arab nations.
