consumer price index

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Colorado Will Lower Minimum Wage

State figure, tied to inflation, will drop 4 cents to $7.24

(Newser) - Colorado is set to become the first state to lower its minimum wage next year. The state’s minimum wage is tied to local inflation—specifically, the Denver-Boulder-Greeley Consumer Price Index, which has fallen 0.6%. The state’s minimum of $7.28 an hour will fall to $7.24... More »

As Money Woes Rise, Drivers Let Insurance Lapse

Jobless Americans can't afford insurance

(Newser) - As the unemployment rate climbs, so, too, does the number of drivers letting their car insurance lapse, the Wall Street Journal reports. One industry group says several hundred thousand drivers dropped their insurance in the last year alone. A study two years ago pegged the percentage of uninsured drivers at... More »

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