CNBC's "Last Call" cover image

Good News for Main Street Could Mean Bad News for Wall Street 7/6/23

CNBC's "Last Call"

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The Minimum Wage in New York City

Edwards: It's hard to argue against putting the wage up to about 17 bucks for these folks when they're not covered by the minimum wage now. The reality is, I mean, come on, people are ordering their order even since the pandemic,. They're ordering more delivery. These companies are making money hand over fist. Edwards: We do know that higher minimum wages can often result in fewer people working.

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