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Minimum Wage Hike, The Road To Dow 40K 4/1/24 episode artwork

EPISODE · Apr 1, 2024 · 41 MIN

Minimum Wage Hike, The Road To Dow 40K 4/1/24

from Power Lunch · host CNBC

California’s new minimum wage law takes effect today: $20 an hour. We’ll speak to the CEO of fast-food chain Raising Cane’s, which nearly has nearly 100 locations there, about the real impact of this wage hike. Plus, stocks are hitting a speed bump on the road to Dow 40K. Friday’s inflation data and comments from Jerome Powell have led some to believe the Fed could cut rates later than initially expected. We’ll discuss. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

What this episode covers

California’s new minimum wage law takes effect today: $20 an hour. We’ll speak to the CEO of fast-food chain Raising Cane’s, which nearly has nearly 100 locations there, about the real impact of this wage hike. Plus, stocks are hitting a speed bump on the road to Dow 40K. Friday’s inflation data and comments from Jerome Powell have led some to believe the Fed could cut rates later than initially expected. We’ll discuss.

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Minimum Wage Hike, The Road To Dow 40K 4/1/24

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How long is this episode of Power Lunch?

This episode is 41 minutes long.

When was this Power Lunch episode published?

This episode was published on April 1, 2024.

What is this episode about?

California’s new minimum wage law takes effect today: $20 an hour. We’ll speak to the CEO of fast-food chain Raising Cane’s, which nearly has nearly 100 locations there, about the real impact of this wage hike. Plus, stocks are hitting a speed bump...

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