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The Economy from CNNMoney.comLand O'Lakes CEO Beth Ford charts her career path, from her first job to becoming the first openly gay CEO at a Fortune 500 company in an interview with CNN's Boss Files. Goldman Sachs slants research to help Democrats, top White House adviser says Kevin Hassett, President Donald Trump's top economic adviser, suggested Goldman Sachs may be slanting its economic research to help Democrats ahead of the midterm elections. China says it will never use its currency as a weapon in the trade war Premier Li Keqiang said China "will never go down the path of stimulating exports by devaluing its currency." The next big test for Elon Musk arrives this week Read full story for latest details. The next big test for Elon Musk arrives this week Read full story for latest details. CEOs are cashing in on the market boom Corporate insiders at US companies have dumped $5.7 billion of stock this month, the highest in any September in the past decade, according to TrimTabs. General Electric is in a sharp decline Read full story for latest details. Minimum wage since 1938 When the federal minimum wage first became law in 1938, it was 25 cents. Adjusted for inflation, that would be worth $4.19 today. Scroll over the chart to see historical minimum wage amounts, and their corresponding values in today's dollars. Why investors aren't freaking out about inflation Read full story for latest details. Countries with higher wages than the U.S. Some Republicans say high wages in the U.S. are hurting America's global competitiveness. See the countries where wages are even higher. |
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