In July, West Hollywood raised its minimum wage to $19.08 an hour, causing angst among those who own businesses.
Category: Wages and Salaries
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BP Takes Tough Line With Former C.E.O. Over Relationships With Colleagues
The oil giant said Bernard Looney had “knowingly misled the board” about the relationships and was not entitled to $40 million.
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Ohtani’s Contract Goes Beyond Dollars and Sense
The Los Angeles Dodgers are betting $700 million that Shohei Ohtani can deliver championships and help increase revenue. But the economics of sports can be fickle.
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U.S. Job Growth Holds Up as Economy Gradually Cools
Interest rate increases have taken the edge off labor demand, but unemployment dipped in November, and wages rose more than expected.
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China’s Electric Car Factories Are Facing a Worker Shortage
China misjudged the rapid expansion of its electric vehicle sector, leaving a shortfall of skilled technicians as young people shun manufacturing careers.
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Washington Post Journalists Go on One-Day Strike
The 24-hour strike is the first walkout at The Post since the 1970s, union leaders said.
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What the Jobs Report Might Mean for Interest Rates
Wall Street will closely watch Friday’s nonfarm payrolls report, which could influence the Federal Reserve’s next move on borrowing costs.
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Desperate Families Search for Affordable Home Care
Facing a severe shortage of aides and high costs, people trying to keep aging loved ones at home often cobble together a patchwork of family and friends to help.
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The Chicken Tycoons vs. the Antitrust Hawks
As part of a broader campaign against anticompetitive practices, the Biden administration has taken on the chicken industry. Why have the results been so paltry?
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The Great Disconnect: Why Voters Feel One Way About the Economy but Act Differently
Americans are angry and anxious, and not just about prices, which may be driving economic sentiment more than their financial situations, economists said.
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How R.F.K. Jr.’s Causes Made Him Millions of Dollars
The causes Robert F. Kennedy Jr. has championed have brought him admiration, criticism — and tens of millions of dollars.