China is facing a double whammy: corrosive deflation and tariffs that threaten to block trade. Chinese workers will be the biggest casualties.
Category: Wages and Salaries
-
How Contracting Work Became a Race to the Bottom
The reality of being a contractor includes inexperienced workers, sketchy business practices and low, low margins.
-
American Wealth Is at a Record High. Sentiment Is Low, and Falling.
A surge in U.S. wealth has been driven by stock and home values. But the gains are concentrated at the top, leaving others in a sour economic mood.
-
How a Classic French Dish Is Squeezed by Lingering Inflation
Businesses across Europe, including restaurants in Paris that make the dish, are being squeezed by sticky inflation.
-
What You Should Know About Your Spouse’s Money
Many couples are surprisingly unaware about key aspects of each other’s finances — and that can hurt them. Here’s how to get on the same page.
-
Dockworkers Vote to Accept New Labor Contract
Workers at East and Gulf Coast ports who went on strike briefly in October ratified a deal that includes a 62 percent raise over six years.
-
Starbucks to Lay Off 1,100 Corporate Workers
The jobs cuts, which will affect about 7 percent of the chain’s non-retail staff, are part of its new chief executive’s plan to win back customers.
-
FDA Staffed Up to Review AI and Food Safety. Those Hires Are Now Gone.
Teams evaluating high-tech surgical robots and insulin-delivery systems were gutted by Trump layoffs even though industry fees, not taxpayers, financed the employee salaries.
-
As Salaries Boom, It’s a Good Time to Be an NFL Coach
Pay packages, even for first-time coaches, have risen sharply since the 1990s as teams seek those who can turn their franchises into perennial Super Bowl contenders.
-
As Off Broadway Crews Unionize, Workers See Hope, Producers Peril
Workers say the move is overdue, but theater companies fear it will drive up costs in a wounded sector that has yet to recover from the pandemic.
-
Starbucks and Workers United Union Agree to Contract Mediation
A labor agreement, covering more than 500 U.S. stores, would be the company’s first. Talks stalled last year over wages.
-
Whole Foods Workers in Philadelphia Vote to Form Chain’s First Union
The union win comes as Amazon, which owns the grocery chain, is also fighting labor organizing in its warehouse and delivery businesses.