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  • The economics aren't easy, said Girard co-owner Brian Oliveira. The unusual model highlights a debate about pay and conditions in an industry that employs 10 percent of the U.S. workforce, according to the National Restaurant Association. The group doesn't track the number of no-tip models among the nation's nearly 1 million eateries, but examples have popped...

  • Steve Wynn takes a pay cut  Tuesday, 20 Jan 2015 | 5:51 PM ET

    Wynn Resorts says it will extend Steve Wynn's contract another two years, and will cut his base pay, reports CNBC's Jane Wells.

  • Retirement: A financial hangover?  Monday, 19 Jan 2015 | 4:50 AM ET

    Some 40 percent of people are either not saving or severely reducing the amount they are saving for retirement, says Michael Schweitzer, head of sales and distribution for group wealth management at HSBC, who believes it is, "never too late to start saving."

  • Retirement: A financial hangover?  Monday, 19 Jan 2015 | 4:50 AM ET

    Some 40 percent of people are either not saving or severely reducing the amount they are saving for retirement, says Michael Schweitzer, head of sales and distribution for group wealth management at HSBC, who believes it is, "never too late to start saving."

  • SACRAMENTO, Calif.— After tackling pension changes for public employees and teachers, Gov. California faces an estimated $72 billion unfunded liability for more than 800,000 state employees and their families to provide health coverage once workers retire from civil service and for those who have already retired. California has one of the biggest retiree...

  • WASHINGTON, Jan 16- Bangladesh must do more to support workers' rights and fight unfair labor practices before officials consider restoring U.S. trade benefits, the U.S. The United States revoked trade benefits for Bangladesh in mid-2013 after a garment factory collapse and a factory fire killed more than 1,200 people. Trade Representative Michael Froman...

  • Sanders promises to defend Social Security Friday, 16 Jan 2015 | 11:31 AM ET

    Bernie Sanders, a liberal independent from Vermont, said that a recent procedural move by House Republicans could lead to a 20 percent cut in Social Security disability benefits for 11 million people. When we talk about Social Security today, what we should be talking about is expanding benefits not cutting benefits, "Sanders said. "The Social Security...

  • US jobs: No sign of slowing  Friday, 16 Jan 2015 | 5:30 AM ET

    After last week's U.S. nonfarm payrolls data, Jim O'Sullivan, chief U.S. economist at High Frequency Economics, discusses how significant the wage decline in America is.

  • WASHINGTON, Jan 15- U.S. pension regulators questioned Thursday whether criminal violations in one unit of Credit Suisse Group AG reflect broader compliance problems at the Swiss bank, in an unusual public hearing to vet its request to continue managing retirement plans. At issue is whether Credit Suisse should be granted permission to continue managing...

  • WASHINGTON, Jan 15- U.S. pension regulators said Thursday they have some concerns that Credit Suisse may lack a company-wide culture of compliance, and vowed to investigate further if they ultimately decide to let the bank continue managing U.S. retirement plans. Top Department of Labor officials made their comments during a public hearing, in which Credit...

  • Businesses should focus on people, not just profits  Wednesday, 14 Jan 2015 | 5:15 AM ET

    Steve Almond, global chairman at Deloitte, says that business leaders need to be as focused "on people and purpose, as they are on products and profits," as millennials change the way they look for employment.

  • A no tip policy  Monday, 12 Jan 2015 | 2:55 PM ET

    Bobby Fry, Bar Marco co-owner, explains why he took his restaurant to a tip-free policy.

  • Fed's rate hike to be delayed for longer?  Monday, 12 Jan 2015 | 4:10 AM ET

    Jan Hatzius, chief economist at Goldman Sachs, says that low wage growth in the U.S. is holding down core price inflation, which will delay a U.S. Federal Reserve rate hike beyond June's meeting.

  • US jobs: Fed ran out of slack?  Friday, 9 Jan 2015 | 11:00 AM ET

    While the U.S. nonfarm payrolls report beat expectations, wage figures disappointed. Themis Themistocleous, head European investment office at UBS, says that they expect the U.S. Federal Reserve to raise interest rates around the middle of 2015.

  • Why some workers struggle to pay for insurance  Thursday, 8 Jan 2015 | 12:00 PM ET

    CNBC's Landon Dowdy explains why many employees are having more trouble paying their insurance premiums.

  • LOS ANGELES, Jan 6- A federal mediator was expected to arrive in southern California on Tuesday to take part in negotiations over a new contract between employers at 29 U.S. West Coast ports and the union representing some 20,000 dock workers. "We are pleased that the International Longshore and Warehouse Union and the Pacific Maritime Association have agreed...

  • The Postal Service has been losing billions of dollars for years, including $5.5 billion in fiscal 2014, despite cutbacks in the workforce, consolidation of facilities and other cost-cutting moves. "Congress needs to look at the Postal Service as a business that is going to be a lot different in the coming years and it should view this as a positive, desirable...

  • The start of the wage rise?  Tuesday, 6 Jan 2015 | 11:40 AM ET

    60 percent of employers plan on boosting pay packets in 2015, according to a report by Hays. Paul Venables, finance director at Hays, the report's findings.

  • President Barack Obama said on Friday that construction of the Keystone XL pipeline to transport crude oil from Canada to the U.S. Gulf Coast would only nominally benefit American consumers and workers in perhaps his strongest comments on the Canada- to-U.S. pipeline to date. His comments come as Republican leader Mitch McConnell has said his party's first...

  • America's wage growth woes  Thursday, 18 Dec 2014 | 8:14 AM ET

    AFL-CIO President Richard Trumka, shares his concerns that wages are not rising as fast as they should.