Economists had been wary of strong economic data, worried that it meant inflation might stay high. Now they are starting to embrace it.
Tag: Wages and Salaries
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Meryl Streep and George Clooney Lead Donation Campaign for Striking Actors
The stars, joined by celebrities like Matt Damon and Oprah Winfrey, helped raise more than $15 million over the past three weeks.
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To Keep TV Shows Afloat, Some Networks Are Cutting Actors’ Pay
In a shrinking business, actors on some shows are being guaranteed less money, an issue that’s helping to fuel the Hollywood strike.
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Wage Growth Slowed in Second Quarter, a Sign the Economy is Cooling
Pay and benefits increased 1 percent, down from 1.2 percent in the first three months of the year. The cooling will be welcomed by policymakers who have been worried that rapidly rising wages could make it harder to get inflation under control.
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UPS Reaches Contract Deal With Teamsters to Head Off Strike
United Parcel Service faced a potential walkout by more than 325,000 union members when their five-year contract expired next week.