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Wealth gap leaves local governments cash strapped

Wealth gap leaves local governments cash strapped

Income inequality is taking a toll on state governments. The widening gap between the wealthiest Americans and everyone else has been matched by a slowdown in state tax revenue, according…

Gap’s decision to raise wages puts pressure on others

Gap’s decision to raise wages puts pressure on others

Gap’s decision this week to raise the hourly wages of workers at its stores nationwide puts pressure on other major U.S. retailers to do the same. Following Gap’s announcement that…