Market Brief
Daily market recaps with key events, stock movements, and global influences
Senators Josh Hawley (R-Mo.) and Peter Welch (D-Vt.) have introduced bipartisan legislation called the Higher Wages for American Workers Act to raise the federal minimum wage to $15 an hour by 2026. The bill also proposes tying future minimum wage increases to inflation. This effort marks the first push to increase the federal minimum wage since 2009, responding to rising prices and cost of living following persistent inflation after the COVID-19 pandemic. Meanwhile, Japan has set a target to raise its minimum hourly wage to ¥1,500 by 2030 and aims for a 1% real wage growth as part of its new economic and fiscal management guidelines, which include measures to support productivity improvements and price pass-through countermeasures.
OptionProbability
23
13
13
7
7
6
3
3
2
2
2
2
2
2
2
1
1
1
1
1
1
1
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
OptionProbability
47
16
9
5
4
4
3
2
2
1
1
1
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
OptionProbability
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
100
97
95
94
94
94
93
92
91
91
90
89
89
88
88
85
85
85
84
82
82
81
76
74
74
72
71
71
71
69
68
66
65
63
63
61
59
59
58
55
52
51
50
50
50
50
45
45
45
44
44
44
43
43
43
43
43
43
43
43
42
42
41
41
41
41
41
41
40
40
40
40
39
39
39
39
38
38
38
38
37
37
37
37
37
37
35
35
35
35
34
33
33
33
33
33
33
33
32
32
32
31
29
29
28
28
28
27
27
27
26
26
25
24
24
24
23
23
23
23
22
22
22
21
21
21
21
20
20
20
19
19
19
18
18
18
18
18
18
17
17
17
16
15
15
15
14
14
14
14
13
13
12
12
12
12
11
9
9
8
8
8
7
7
7
6
6
6
5
5
5
5
5
5
4
4
4
2
1
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
OptionProbability
28
17
16
16
15
15
14
13
9
9
8
8
7
7
7
7
7
7
7
7
7
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
3
3
3
3
3
3
3
3
3
3
3
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
2
1
1
OptionProbability
60
6
2
2
2
2
2
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
OptionProbability
72
48
34
28
15
14
13
13
13
13
12
12
12
12
12
12
12
12
12
12
12
12
12
11
11
11
11
11
11
11
10
10
10
8
8
6
6
6
3
3
OptionProbability
82
69
58
54
52
50
47
45
42
42
41
32
28
27
24
22
22
20
19
18
17
15
15
14
14
14
9
8
6
6
6
4
3
OptionProbability
45
44
31
23
21
19
19
18
17
17
17
17
17
17
17
16
16
16
16
15
14
14
13
13
13
13
13
13
12
12
12
11
10
10
10
8
7
6
5
5
3
3
1
OptionProbability
82
69
53
52
47
47
42
42
41
32
25
24
22
22
21
18
17
15
4
2
1
OptionProbability
38
26
16
8
8
2
1
OptionProbability
32
25
24
4
4
4
3
2
1
1
1
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
OptionVotes
1250
937