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National News

Minimum wage going up, little help as costs soar


Marcie Black serves lunch at Golden Dragon Chinese/American restaurant in Post Falls, Idaho on Tuesday, July 22, 2008. Black is one of thousands of Idaho workers are getting ready for a pay raise. The federal minimum wage is expected to increase 70 cents per hour Thursday to $6.55 per hour. The Idaho Department of Labor anticipates the higher wage will boost paychecks for nearly 22,000 jobs across the state.

WASHINGTON (AP) _ About 2 million Americans get a raise Thursday as the federal minimum wage rises 70 cents. The bad news: Higher gas and food prices are swallowing it up, and some small businesses will pass the cost of the wage hike to consumers.



The increase, from $5.85 to $6.55 per hour, is the second of three annual increases required by a 2007 law. Next year's boost will bring the federal minimum to $7.25 an hour.



Workers like Walter Jasper, who earns minimum wage at a car wash in Nashville, Tenn., are happy to take the raise, but will still struggle with the higher gas and food prices hammering Americans.



"It will help out a little," said Jasper, who with his fiancee support a family of seven, and who earns the minimum plus commissions when customers order premium car-wash services.



The bus fare he pays each day to get to work already went up to $4.80 this spring from $4. "I'd like to be on a job where I can at least get

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Pittsburgh cancer center warns of cell phone risks

July 24, 2008

PITTSBURGH (AP) _ The head of a prominent cancer research institute issued an unprecedented warning to his faculty and staff Wednesday: Limit cell phone use because of the possible risk of cancer.

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ConocoPhillips. Moving on general news and financial services.

July 24, 2008

JUNEAU, Alaska (AP) _ The fate of a multibillion dollar pipeline that could unlock 4.5 billion cubic feet of North Slope gas reserves daily and power North American homes and businesses for decades no

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Mass. woman kills self before home foreclosure

July 24, 2008

TAUNTON, Mass. (AP) _ A 53-year-old wife and mother fatally shot herself shortly after faxing a letter to her mortgage company saying that by the time they foreclosed on her house that day, she would

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Dolly downgraded to tropical storm in south Texas

July 24, 2008

BROWNSVILLE, Texas (AP) _ Hurricane Dolly barreled into South Texas on Wednesday, lashing the coast with winds up to 100 mph and dumping heavy rain that flooded some low-lying areas but spared levees

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Rescue of mortgage giants could hit $25 billion

July 23, 2008

WASHINGTON (AP) — A federal rescue of Fannie Mae and Freddie Mac could cost taxpayers $25 billion, congressional budget experts said, as the House scheduled a Wednesday vote on legislation that would

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