Many low-wage workers not protected by minimum wage

President Obama's push to raise the federal minimum wage to $10.10 an hour, coupled with recent state-level increases, is welcome news for many people getting by on small paychecks. But not every low-wage worker has to be paid the minimum wage.

IMF leader calls for bold policies to aid recovery

WASHINGTON (AP) — The head of the International Monetary Fund warned Wednesday that leading nations need to embrace bold policy steps to accelerate a still-modest and fragile global economic recovery.