California reaches deal to be first state with $15/hour minimum wage

California Governor Jerry Brown announced a deal with legislators and labor leaders on Monday to raise the minimum wage to $15 an hour by 2023, saying the nation's most-populous state would lead the way toward higher pay for the working poor. The proposal, which still must win approval from moderate lawmakers, would make California the first to raise the statewide minimum wage to $15 an hour - the highest in the nation - while giving the governor the right to opt out if the economy falters. Rais