NC $25 Minimum Wage Plan: Boom or Bust?

A bold proposal pushes for a $25 minimum wage in North Carolina, sparking debate over its economic ripple effects. Proponents argue it would lift workers out of poverty and boost local spending power, while critics warn of massive job losses, higher prices and business exodus from the state. The plan targets phasing in the increase over several years, but small businesses brace for the hit. Lawmakers weigh the trade-offs as inflation and living costs climb. Read more about this...