2015 Event Los Angeles County, U.S., votes to raise the minimum wage to $15/hour from $9/hour; the new pay rate will be valid for county workers and employees working in unincorporated areas of the county 2015 Event The U.S. Federal Reserve has cut its 2015 inflation and economic growth predictions for the U.S. and will likely wait until at least June of this year to raise interest rates 2015 Event Walmart announces that in April it will raise wages of 500,000 Sam's Club and Walmart workers to $9/hour, exceeding the current minimum wage by $1.75, with a further raise to $10/hour by next February 2014 Event The G-20 summit in Australia ends with a commitment by leaders of the 20 nations to take steps to raise their collective GDP by $2 trillion over the next four years; critics say that proposed measures are not specific enough to achieve this goal 2014 Event Voters in Switzerland reject a proposal to raise the minimum wage to about $25 per hour; if passed, the rate would have been the highest minimum wage in Europe 2014 Event Alibaba, the Chinese e-commerce company, files plans for a U.S. IPO; the offering is expected to be one of the largest in the U.S. and may raise more funding than the Facebook IPO in 2012 2014 Event Union backers and California legislators are seeking to raise the state's minimum wage to $13 per hour; Governor Jerry Brown ratified a law only 8 months ago to raise the wage to $10 an hour by 2016 2014 Event Venezuelan President Nicolas Maduro announces plans to raise the price of gas to 17 cents from 6 cents; the country's annual gas subsidy's cost $12 billion, too much to bear when facing 50 percent inflation and dwindled cash reserves 2013 Event In the U.S., 2.5 million minimum wage workers will get a raise January 1st in thirteen states including Colorado, Rhode Island and Connecticut 2011 Event President Obama signs legislation to raise the U.S. debt ceiling, narrowly averting the debt ceiling crisis 2011 Event People's Republic of China officials warn that the the 2011 China floods will likely raise the price of food 2010 Event In France, over 200 protests occur in as part of the 2010 strikes to fight against plans to raise the retirement age from 60 to 62 1997 Event U.S. Agriculture Department estimates it costs $149,820 to raise a child to 18 1996 Event U.S. Senate approves 90 cents raise to $4.25 minimum wage 1996 Event 50,000 swimmers raise 15 million for charity during BT's Swimathon '96 1988 Event New Jersey Devils raise their 1st pennant (Patrick Div Playoff Champs) 1947 Event General Eisenhower opens drive to raise $170M in aid for European Jews 1945 Event U.S. Marines raise flag on Iwo Jima, famous photo and statue 1931 Event Round-robin playoff among New York City's 3 major league teams, to raise money for unemployed, concludes with Brooklyn losing to both Giants and Yankees 1931 Birthday Clive Cussler, writer, Raise The Titantic, Sahara 1925 Event AL extends Ban Johnson's contract to 1935 and raise to $40,000 1916 Event In Game 3, Charlie Ebbets becomes the 1st owner to raise the price of World Series grandstand seats to $5-up from $3 1873 Event U.S. Congress and government raise own salary, retroactively
