JUNEAU — Due to the passage of Ballot Measure 1 in November 2024, Alaska’s minimum wage will increase to $13.00 per hour on July 1, 2025. It will subsequently increase to $14.00 on July 1, 2026, and to $15.00 on July 1, 2027. Thereafter, the minimum wage will be adjusted annually for inflation starting January […]
JUNEAU — The Alaska minimum wage will increase from $11.73 to $11.91 in 2025. In 2014, Alaska voters passed a ballot initiative to annually adjust the minimum wage for inflation. Alaska Statute 23.10.065(a) requires the Alaska minimum wage to be adjusted using the Consumer Price Index for urban consumers in the Anchorage metropolitan area (Anchorage […]
Tesla’s stock price jumped by as much as 15% following the former president’s victory in the 2024 election. Donald Trump’s victory in the 2024 presidential election sent shares of Tesla surging as much as 15% Wednesday, propelled by CEO Elon Musk’s prominent role in the Republican’s White House campaign and expectations that the company will benefit from […]
“Trump’s tax proposals would substantially raise taxes on regular Americans while delivering more tax cuts to corporations and the wealthy,” said the executive director of the Institute on Taxation and Economic Policy. A detailed new analysis of the tax proposals Republican nominee Donald Trump has floated during the 2024 presidential campaign show they would result in annual tax increases […]