Disputes over liability and the cost of claims could take years for insurers to resolve and result in billions of dollars in payouts.
Category: Wages and Salaries
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How One Tech Skeptic Decided AI Might Benefit the Middle Class
David Autor, an M.I.T. economist and tech contrarian, argues that A.I. is fundamentally different from past waves of computerization.
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California $20 Fast-Food Minimum Wage Is Coming April 1
The nation’s highest state minimum wage for fast-food workers takes effect on Monday. Owners and employees are sizing up the potential impact.
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‘Strike Madness’ Hits Germany While Its Economy Stumbles
A wave of strikes by German workers, feeling the sting of inflation and stagnant growth, is the latest sign of the bleak outlook for Europe’s economic powerhouse.
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U.F.C. Settles Antitrust Suit With Fighters for $335 Million
The organization’s parent company admitted no wrongdoing but agreed to pay the fighters, who had accused it of suppressing their pay.
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Japan Raises Interest Rates for First Time in 17 Years
Higher inflation and rising wages suggest that the country’s economy can grow without such aggressive stimulus from the central bank.
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U.S. employers added 275,000 jobs last month.
Economists are trying to gauge whether last year’s forecasts of a slowing labor market were mistaken or simply premature.
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Brighter Economic Mood Isn’t Translating Into Support for Biden
Voters feel slightly better about the economy as inflation recedes, but partisan divides remain deep, a Times/Siena poll found.
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After Gains at Big Three, U.A.W. Aims at Nonunion Plants
A looming union election at a Volkswagen plant in Chattanooga could determine the trajectory of union organizing at more than a dozen auto factories.
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Report Helps Answer the Question: Is a College Degree Worth the Cost?
The analysis found that former students at most colleges had an annual income higher than high school graduates a decade after enrollment.
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Starbucks and Union Agree to Work Out Framework for Contract Talks
In an initial move, the coffeehouse chain said Workers United members would get improved benefits that other employees received in 2022.