The Latest Breaking News from Heidi Shierholz

The vice president hasn’t done much to woo Big Business, but many executives would still rather take their chances with her than the alternative.

The Labor Department announced a new rule that will extend overtime pay to salaried workers who earn less than $43,888 annually. It will go into effect July 1

Noncompete agreements bar about 30 million American workers from quitting their jobs to work for rival companies or start their own businesses, a practice that the Federal Trade Commission calls exploitative and wants to ban.

It should be good news for Americans: a new poll shows almost everyone is getting a raise and they're not having to stick it out in jobs they hate. But for many the financial struggle continues.