79
      Wednesday
      92 / 69
      Thursday
      91 / 70
      Friday
      90 / 69

      Obama to sign minimum wage order Wednesday

      President Obama will sign an executive order Wednesday increasing the minimum wage for federal contractors.

      The White House says President Barack Obama will sign an executive order Wednesday increasing the minimum wage for federal contractors.

      Obama first announced the measure during his State of the Union address. He has cast the move as a way to spur Congress to increase the hourly minimum wage for all workers from $7.25 to $10.10.

      The president will sign the order at a White House event. Officials have said the measure will raise wages for a few hundred thousand workers, a small percentage of the more than 2 million federal contractors.