More than 9 million workers are getting a raise on January 1. Here's where.
CBSN
Millions of low-wage earners are getting a raise in 2025 as 21 states are slated to hike their minimum pay starting Jan. 1.
State laws that index the minimum wage to inflation are behind 13 of the January increases, according to the Economic Policy Institute, or EPI, a nonprofit think tank. Legislation spurred the coming pay hikes in six states, while ballot measures ushered in wage gains in two.
Nearly one in five, or 20%, of the more than 9.2 million impacted workers reside in households below the poverty line, while nearly half, or almost 49%, have family incomes below twice the poverty line, EPI estimates.
The first of January ushers in a new year, a new month and new entries to the list of works in the public domain. While 2024 saw many popular intellectual properties lose copyright protection — notably the first iteration of Mickey Mouse — 2025 is not without its fair share of noteworthy additions. As of Jan. 1, 2025, several iconic books and characters are now freely available for public use, from Ernest Hemingway's "A Farewell to Arms" to the original Popeye.
The new year, 2025, is upon us. While banks, post offices and major stock exchanges are closed on New Year's Day, which is a federal holiday, you'll find that many retailers will be open, although hours may be limited. Kroger — While some store hours may vary, most Kroger locations will operate during their normal hours on New Year's Day. Publix — All stores are open but hours vary according to location. Customers should check ahead. Rite Aid (stores only) – Stores will be open on New Year's Day, while pharmacies will be closed. Customers should check their local store in advance for store hours. Sheetz — Stores operate 365 days a year with all services, including their Made-to-Order menu available 24/7. Stop & Shop (stores, fuel only) — Stores and fuel station operate during regular hours on New Year' Day. In-store pharmacies are closed. Target — Target locations will operate on a normal schedule on Jan. 1. Walmart — All stores will operate during normal business hours. Whole Foods — All stores are open from 9 a.m. to 8 p.m. Outback Steakhouse — Restaurants are open on Jan. 1, though hours may vary. Guests are advised to check with their local restaurant for hours of operation in advance. Starbucks — Store hours vary by location, while locations may occasionally adjust their hours based on business and customer needs. The company recommends checking specific store hours using the Starbucks® app or website store locator in advance.
The United States has imposed sanctions on two groups linked to Iranian and Russian efforts to target American voters with disinformation ahead of this year's election.
Ford Motor is recalling 295,449 diesel-engine trucks because a defective fuel pump could cause a loss of power, raising the risk of a crash, the National Highway Traffic Safety Administration said on Tuesday.