US government estimates economy grew last quarter at a 2.1% rate, unchanged from previous projection
WASHINGTON — The U.S. economy grew at a 2.1% annual pace from April through June, extending its sturdy performance in the face of higher interest rates, the government said Thursday, leaving its previous estimate unchanged. The second-quarter expansion of the nation’s gross domestic product — its total output of goods and services — marked a modest deceleration from the economy’s 2.2% annual growth from January through March.
NEW YORK — An appeals court has rejected Donald Trump’s bid to delay a civil trial in a lawsuit brought by New York’s attorney general. Thursday’s decision by the state’s intermediate appellate court allows the case to proceed days after a judge ruled the former president committed years of fraud and stripped him of some companies as punishment.
SACRAMENTO, Calif. — California Gov. Gavin Newsom has signed a law raising the minimum wage for fast food workers to $20 per hour. The raise takes effect April 1. It applies to fast food restaurants that have at least 60 locations nationwide. It does not apply to restaurants that make and sell their own bread. California is now among the first states to have a minimum wage specifically for fast food workers. California’s minimum wage for all other workers is $15.50 per hour.
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