Workers who make trucks and buses for Daimler Truck in North Carolina appeared poised to strike on Friday as contract talks remained deadlocked. A contract covering 7,000 Daimler employees represented by the United Automobile Workers will expire at the end of Friday. The German company has five factories in North Carolina, where it builds Freightliner […]
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Rising prices have made people grumpy. They have depressed consumer confidence, despite a growing economy and low unemployment. But exactly how inflation is hurting, helping and confusing people is hard to understand. Everyone knows that the cost of living has increased. Yet unless you’re constantly pulling out a calculator, you’re unlikely to know whether your […]
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When the French tire maker Michelin closed its factories during the coronavirus pandemic, Florent Menegaux, the company’s chief executive, took stock of the closures’ impact on employees worldwide. Thousands of workers in Asia, Europe and the United States at the lower end of the company’s pay scales could barely get by, an independent review showed. […]
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The Federal Trade Commission on Tuesday banned employers from limiting their workers’ abilities to work for rivals, a sweeping change that the agency says could help raise wages and increase competition among businesses. The move bars contracts known as noncompetes, which prevent workers from leaving for a competitor for a certain amount of time, in […]
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Despite the blue-collar affectations of some of its most visible leaders or the populist rhetoric of its most vocal cheerleaders, it has never been more obvious that the Republican Party is the party of the boss, and in particular the party of the small-business tyrant. Who or what is the small business tyrant? It’s the […]
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The creative team behind the 1999 hit horror film “The Blair Witch Project” is calling for increased retroactive compensation for the movie’s three stars, as well as “meaningful consultation” on an upcoming reboot. The request came in the form of an open letter spearheaded by Joshua Leonard, one of the film’s stars, and posted to […]
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As Elijah Higgins sat on a witness stand this week, he detailed the similarities between his experience last season as a rookie tight end for the Arizona Cardinals and the four years he had spent playing football at Stanford University. Five or six days a week at each level of play, he was immersed in […]
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David Zaslav, the chief executive of Warner Bros. Discovery, received $49.7 million in compensation last year, a 26 percent increase from the previous year, according to a proxy statement filed on Friday with the Securities and Exchange Commission. It is common for chief executives in media to receive lavish pay packages. Mr. Zaslav’s compensation for […]
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Last fall the United Automobile Workers union won big pay increases from the Detroit automakers, and the impact rippled quickly through the nonunion auto plants scattered across the South. Afterward, Toyota, Honda, Volkswagen, Nissan, Hyundai and Tesla raised wages for their own hourly workers in the United States, none of whom are unionized. On production […]
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Getting a new job offer should be an exciting time. But one man was less than thrilled when he learned the salary of his newly offered position at TJ Maxx. So he turned to TikTok for advice in a now-viral video. W. Kamau Bell On His Favorite ‘What Would You Do?’ Scenario Off English TikTok […]
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Sam Sanchez, a Chicago restaurateur, was incensed when President Biden announced last September that his administration would extend work eligibility to nearly half a million Venezuelans, many of them migrants who had recently crossed the border illegally. What about his undocumented employees like Ruben, a Mexican father of two U.S.-born children who has been in […]
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When it comes to economic news, we’ve had so much winning that we’ve gotten tired of winning, or at any rate blasé about it. Last week, we got another terrific employment report — job growth for 39 straight months — and it feels as if hardly anyone noticed. In particular, it’s not clear whether the […]
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Another month, another burst of better-than-expected job gains. Employers added 303,000 jobs in March on a seasonally adjusted basis, the Labor Department reported on Friday, and the unemployment rate fell to 3.8 percent, from 3.9 percent in February. Expectations of a recession among experts, once widespread, are now increasingly rare. It was the 39th straight […]
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On the day the Francis Scott Key Bridge in Baltimore collapsed, President Biden said the federal government would pay the “entire cost” of rebuilding it, which some suggest could run to more than $1 billion. Washington will foot the bill so the bridge and nearby port can reopen “as soon as humanly possible,” he said. […]
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I, too, know that flash of resentment when grocery store prices feel like they don’t make sense. I hate the fact that a small treat now feels less like an earned indulgence and more like financial folly. And I’m concerned about my kids now that house prices look like telephone numbers. But I breathe through […]
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David Autor seems an unlikely A.I. optimist. The labor economist at the Massachusetts Institute of Technology is best known for his in-depth studies showing how much technology and trade have eroded the incomes of millions of American workers over the years. But Mr. Autor is now making the case that the new wave of technology […]
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In the years before war and hunger upended daily life in Yemen, Mohammed Abdullah Yousef used to sit down after a long day of fasting during Ramadan to a rich spread of food. His family would dine on meat, falafel, beans, savory fried pastries and occasionally store-bought crème caramel. This year, the Islamic holy month […]
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