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The campaign season is heating up. We are hearing some candidates and law makers talk about something called a flate tax. what is a flat tax? Well, the US currently has something called a progressive income tax system, means the more money you make,

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Millions of Americans are getting raised today. Not you, Jon. The federal minimum wage's increasing by 70 cents. The jump from $5.85 to $6.55 an hour is the second of three annual increases that were required by law. Next year's boost will bring the

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NOEL KING, HOST: A basic principle of economics is that when demand for something goes up, the cost of it goes up, too. So economists wonder why today's high demand for workers isn't translating into bigger increases in pay. Even Federal Reserve Chai

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