On February 1, 2025, President Trump announced significant new tariffs: a 25% tariff on imports from Canada and Mexico and a 10% tariff on imports from China. The administration justifies these tariffs as necessary to curb illegal immigration, combat the influx of fentanyl, and strengthen domestic industries. This decision has sent shockwaves through international markets,…
Delaware’s $15 Minimum Wage: A Temporary Fix or Long-Term Solution?
As the clock struck midnight on January 1, Delaware workers and business owners woke up to a dramatic shift: the state’s minimum wage jumped to $15 an hour. On paper, this seems like a win for employees, offering a potential boost to their financial security. But for business owners — especially smaller ones — it’s…
Balancing the Scales: Judge Blocks Biden’s Overtime Rule Amid Debate Over Fair Pay and Free Markets
As reported by the Associated Press, U.S. District Judge Sean Jordan in Texas blocked the Biden administration's attempt to expand overtime pay eligibility for millions of salaried workers. The proposed rule aimed to increase the salary threshold for overtime pay from $35,568 to $43,888 in 2024 and to $58,656 in 2025, potentially benefiting an estimated…