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The Fox News Rundown

A $20 Minimum Wage? Consumers Should Brace For The Unintended Consequences

The Fox News Rundown

FOX News Podcasts

News, Daily News, Politics

3.41.7K Ratings

🗓️ 2 April 2024

⏱️ 33 minutes

🧾️ Download transcript

Summary

In a move that is generating anger in the small business community, California has moved forward with implementing a $20 an hour minimum wage for fast food employees. Mom-and-pop store owners have criticized the new law, arguing that it will force them to raise their rates to compete with the new standard in an already competitive market. Co-host of The Big Money Show on FOX Business Taylor Riggs joins the Rundown to explain how rising wages impact the economy, what small business owners face when laws change, and how the move could bring more stores to turn to artificial intelligence. Havana Syndrome has caused hundreds of U.S. intelligence and State Department officials to fall ill with a debilitating brain injury with symptoms like blindness, extreme fatigue, and vertigo. In 2023, the Office of the Director of National Intelligence released a report saying it was “very unlikely" that these anomalies were attacked by a foreign adversary. Now 60 Minutes, in collaboration with The Insider and Der Spiegel, recently published a bombshell report laying out convincing evidence that an elite Russian intelligence unit may be tied to multiple attacks. FOX News Chief National Security Correspondent Jennifer Griffin joins the podcast to explain what new information has come to light about the origin of Havana Syndrome and why victims are feeling vindicated about the alleged Russian ties. Plus, commentary from co-host of The Five and Democratic strategist Jessica Tarlov. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This episode is brought to you by Cracken.

0:03.0

Crippo is like the financial system, but different.

0:06.0

He doesn't care where you come from,

0:08.0

what you look like, your credit score,

0:10.0

or your outrageous food delivery habits.

0:13.0

crypto is finance for everyone, everywhere, all the time.

0:17.0

Visit Krakon.com slash see what crypto can be.

0:21.0

To learn more, don't invest in as you're prepared to lose all the money

0:24.9

you invest. This is a high-risk investment and you should not expect to be protected if something

0:28.9

goes wrong. I'm Greg Gutfeld. I'm Martha McKell. I'm Brett Bear and this is the Fox News rundown.

0:35.0

Tuesday, April 2nd, 2024.

0:41.0

I'm Jessica Rosenthal. A new wage law in the nation's most popular state means fast food workers now get $20 an hour at major chains.

0:49.0

But will that hurt business when the cost gets pushed to the consumer.

0:53.0

The person who's now making $20 gets a wage increase, which is great.

0:58.0

But then the cost of everything else around them goes up.

1:02.0

I'm Grinnall Scott. anything else around them goes up.

1:02.8

I'm Grinnall Scott.

1:04.5

Hundreds of U.S. officials in the past decade

1:07.6

have reported symptoms of a mysterious brain injury

1:10.8

known as Havana Syndrome. Now a new bombshell report suggests our original

1:16.2

intelligence may have gotten it wrong and Russia could be to blame.

1:20.3

Essentially this would be viewed as an act of war. It would be breaking an age old

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