The US Department of Labor says updated regulations will increase income thresholds to ensure lower-income salaried employees are fairly compensated when they work more than 40 hours per week.
Money & Jobs
Biden administration bans noncompete clauses for workers
The new rule bans new noncompete agreements for the vast majority of American workers and requires employers to let current and past employees know they won’t enforce them going forward. Companies will also be required to throw out existing noncompete agreements.
VIDEO: It’s Time America Caught Up with the Rest of The World on Paid Leave
View this post on Instagram A post shared by Cardinal & Pine (@cardinalandpine) “In the United States of America, no one—no one—should choose between caring for a parent who raised them, a child who depends on them, or a paycheck that they...
VIDEO: Senate Republicans Block Bill to Extend Child Tax Credit
Child poverty soared after a pandemic-era child tax credit policy lapsed. Senate Republicans just blocked an attempt to revive it.
Higher insurance rates could crush NC homeowners
North Carolina homeowners and renters could be hit with higher insurance rates later this year, and in the state's coastal counties like Cartaret, New Hanover, and Brunswick, those rates could be astronomically higher. In January, the North Carolina Rate Bureau (NCRB)...
VIDEO: What Was the Most Important Part of the 2021 Child Tax Credit?
WATCH: Charlotte's Stacy Staggs says the government should work for its people! 💪🏻 We talked to Staggs about a new push to restore the pandemic-era child tax credit payments. The temporary reform proposed by President Biden cut childhood poverty in half during the...
VIDEO: Biden Administration Helps NC Entrepreneurs Get $92 Million To Grow Their Businessses
The Biden administration has announced tens of millions of dollars in new funding to help women-and minority owned small-businesses in North Carolina get started and grow. The money, from the American Rescue Plan, will go to 10 venture capital funds in Durham focused...
Biden’s 2025 budget prioritizes lowering costs for families, taxing the rich
The president’s budget includes proposals to lower childcare costs, create a paid family leave program, lower drug costs, and strengthen Social Security and Medicare—all by raising taxes on the wealthy and corporations.
VIDEO: President Biden Proposes a 25% Tax on Billionaires to Help Fund Programs for All Americans
What do YOU think about Biden’s plan to tax billionaires to fund affordable childcare, paid family leave, and better home care and elder care programs? View this post on Instagram A post shared by Cardinal & Pine...
Three years later, here’s how Biden’s American Rescue Plan has impacted North Carolina
The American Rescue Plan turns three today. Here’s how President Biden’s first signature accomplishment not only invested billions of dollars into North Carolina’s economy, but also made a difference in the lives of millions of people. Three years ago, on March 11,...