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  2. Fair Minimum Wage Act of 2007 - Wikipedia

    en.wikipedia.org/wiki/Fair_Minimum_Wage_Act_of_2007

    History of the US federal minimum wage. Lower line is nominal dollars.Top line is inflation-adjusted. [1] [2]The Fair Minimum Wage Act of 2007 [3] is a US Act of Congress that amended the Fair Labor Standards Act of 1938 to gradually raise the federal minimum wage from $5.15 per hour to $7.25 per hour.

  3. Mortgage rate history: 1970s to 2025 - AOL

    www.aol.com/finance/mortgage-rate-history-1970s...

    1980s mortgage rate trends At the beginning of 1980, homes in the U.S. cost a median of $63,700, according to the Department of Housing and Urban Development (HUD). By 1990, that median had risen ...

  4. Great Recession - Wikipedia

    en.wikipedia.org/wiki/Great_Recession

    This 2007–2008 phase was called the subprime ... GDP growth rate) ... for the first time since March 2009 from 0.25% to 0.5% in an attempt to curb inflation.

  5. Timeline of the 2000s United States housing bubble - Wikipedia

    en.wikipedia.org/wiki/Timeline_of_the_2000s...

    2004–2005: Arizona, California, Florida, Hawaii, and Nevada record price increases in excess of 25% per year. [citation needed] 2004-2006: The Federal Reserve hiked interest rates in 17 consecutive quarterly meetings from 1% to 6.25% to slow the economy and forestall inflation. This greatly increased the cost of lending, especially for loans ...

  6. Is inflation up in California? Here’s how prices for gas ...

    www.aol.com/inflation-california-prices-gas-food...

    Here’s how the West compares to the national inflation rate. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Mail ...

  7. Inflation continues to rise in California. Here’s what ...

    www.aol.com/news/inflation-continues-rise...

    The UCLA Anderson forecast has overall consumer price hikes in California averaging 4.1% this year, cooling to 3.2% next year and 2.9% in 2025. That’s virtually the same as its forecast for ...

  8. 1978 California Proposition 13 - Wikipedia

    en.wikipedia.org/wiki/1978_California_Proposition_13

    2007 36th sp; 2008. 12th sp ... inflation adjusted). [29] California has the highest marginal income and capital gains tax rate and is in the top ten highest ...

  9. 2008 financial crisis - Wikipedia

    en.wikipedia.org/wiki/2007–2008_financial_crisis

    December 19, 2007: the Standard and Poor's rating agency downgrades the ratings of many monoline insurers which pay out bonds that fail. [citation needed] December 31, 2007: Despite volatility through the last part of the year, markets close above where they started the year, with the DJIA closing at 13,264.82, up 6.4% for the year. [104]