The hottest inflation in nearly four decades is eroding wage gains for a majority of Americans working at the largest and most profitable companies in the country, according to a new analysis.
The findings from the Brookings Institute, a centrist think tank, found that soaring inflation has erased at least half of the average wage gains for frontline workers employed by 13 of the largest and most profitable retail, grocery and fast-food companies in the U.S. READ MORE