U.K.’s Budget Master Plans for More Pain

When the Conservative Party won an unexpected majority in U.K. elections in May, it didn’t just mean George Osborne would get to keep his job as chancellor of the exchequer. It also put the keys to 10 Downing Street within his grasp.

Clinton: Turn female economic issues into movement

WASHINGTON (AP) — Former Secretary of State Hillary Rodham Clinton said Thursday that voters need to turn pay inequity and women's economic security into a political movement in the November elections and beyond, pointing to an issue that could animate a future presidential campaign.

IMF cuts US growth forecast as it urges minimum wage hike

The International Monetary Fund (IMF) has slashed its US growth forecast, urged policy makers to keep interest rates low and raise the minimum wage to strengthen its recovery.

Fast-Food Workers Stage Worldwide Protests Over Minimum Wage

Fast-food workers seeking higher pay protested around the globe at chains such as McDonald’s, Burger King and Wendy’s amid a broader debate about raising the minimum wage.

Angela Merkel approves Germany's first minimum wage

German Chancellor Angela Merkel has approved the country's first minimum wage, at 8.50 euros an hour (£7; $11.75), to start in 2015.

Swiss divided as 1:12 executive pay referendum nears

To see just how far the revolt against fat cat pay has spread, you could do worse than visit a grey building a stone's throw from the open-air market and pavement cafes of the Bärenplatz in the medieval centre of Bern.

Minimum wage to rise but 1% hike for young falls behind inflation

The minimum wage for young people is to rise by 1%, less than the rate of inflation, amid an on-going row over rewards for top executives and bankers at bailed-out banks.

French unions warn of mass job cuts in reform talks

PARIS (Reuters) - French unions pressed President Francois Hollande at the start of labor talks on Tuesday to prove his job-saving mettle by handing his Socialist cabinet a list of looming company shutdowns that are threatening tens of thousands of jobs.