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Financial Focus: Hobby Lobby increasing employee wages

Posted at 7:37 PM, Sep 15, 2020
and last updated 2020-09-15 22:37:11-04

LAS VEGAS (KTNV) — In today's Financial Focus, we have a check of the stock market and the stocks with ties to Las Vegas.

Many people have no idea where they stand when it comes to their credit card debt.

A survey by US News and World Report shows 21% don't know if they have deb and 30% don't know the interest rate on their lines of credit.

But the news is not all bad, 60% of people say they make payments on time and reported no credit card debt.

Some Hobby Lobby employees are getting an early Christmas gift. A bigger paycheck.

The company is raising its minimum wage to $17 an hour, that's a $2 increase.

It goes into effect on October 1st.

Financial Focus is sponsored by Clark County Credit Union. Watch it weekdays on 13 Action News.