Costco raising its minimum wage to at least $14 for all hourly workers

Costco is bumping up its minimum wage and giving raises to all of its hourly workers.

Costco says it will raise its minimum wage to at least $14 an hour for all 130,000 of its hourly workers.

The new wages start June 11.

Disneyland Resort is aiming to offer some union cast members a starting wage of $15 an hour by 2020.

The boost nearly doubles the federal minimum wage - currently at $7.25.

Costco's current minimum wage stands at either $13 or $13.50, depending on the state.

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