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Los Angeles Residents Divided Over Proposed $15 Minimum Wage

Los Angeles is considering raising its minimum wage from $9 to $15 an hour in order to help its 800,000 residents in poverty. But no major city has yet raised its wage this dramatically or this fast.

Madoff's Victims Are Repaid Another $355 Million, Trustee Says

More than half of the accounts with allowable claims against disgraced financier Bernard Madoff have now been fully repaid, according to the trustee handling recovery efforts.

Oil Price Dip, Global Slowdown Create Crosscurrents For U.S.

The big drop in oil prices is a gift to consumers that should propel the U.S. economy, analysts say. But those lower prices are hurting the energy sector, and consumers continue to be cautious.

U.S. Jobs Picture Finally Getting Back To Normal

The Labor Department provided more evidence Friday that the U.S. job picture is finally getting back to normal — nearly six years after the great recession ended. The monthly jobs report showed an increase more than a million jobs over the past three months. The unemployment rate did tick up to a notch, but even that is a positive signal.

Donations Roll In For Detroit Man Who Walks 21 Miles To Work

More than $300,000 has been raised in less than a week for James Robertson, who had to commute to his factory job by foot.

Oil Industry Sees Layoffs, Even As Jobs Numbers Rise Elsewhere

The energy sector is laying off workers, as falling oil prices have slowed drilling. Analysts are sifting through the January employment report, which showed American employers added 257,000 jobs.

Kansas Will Cut Education Funding To Help Close Budget Gap

Republican Gov. Sam Brownback, whose aggressive tax-cutting measures helped trigger the financial crisis, said the schools' funding levels are unsustainable.

Economy Adds 257,000 New Jobs; Unemployment Rate Up Slightly

The jobless rate ticked up to 5.7 percent despite robust job growth that exceeded economists' expectations.

Economists Expect Data To Show A Pullback In Job Creation

The energy sector has started laying off workers as oil prices drop. Analysts will sift through the government's monthly employment report to see what affect that's having on U.S. job creation.

In 'Red Notice,' Success Draws Treachery, Tragedy In Putin's Russia

Robert Siegel talks to Bill Browder, an American financier who was expelled from post-Soviet Russia and saw an attempt to claim his company devolve into a deadly bureaucratic and legal farce.