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Business News > Mint Authors > David Harrison

David Harrison

ARTICLES BY DAVID HARRISON

The new regulation could affect millions of workers across a range of industries, including healthcare, restaurants, construction and transportation, though affected businesses could seek to pursue legal action to block the rule. (File Photo: Bloomberg)

New Biden administration rule seeks to make more gig workers employees

3 min read . 09 Jan 2024

Over the three months through October, U.S. employers added an average of 204,000 jobs a month, a marked slowdown from earlier in the postpandemic period. PHOTO: JUSTIN SULLIVAN/GETTY IMAGES

The Elusive Soft Landing Is Coming Into View

5 min read . 15 Nov 2023

UAW Deal Shows Unions Are Winning. How Long Will It Last?

UAW Deal Shows Unions Are Winning. How Long Will It Last?

4 min read . 01 Nov 2023

The Economy Was Supposed to Slow by Now. Instead It’s Revving Up

The Economy Was Supposed to Slow by Now. Instead It’s Revving Up

4 min read . 23 Oct 2023

The UAW is striking at dozens of facilities owned by automakers General Motors, Ford Motor and Stellantis.

Labor Strikes Multiply as Workers Score Wins

3 min read . 28 Sept 2023

United Auto Workers members on a picket line outside a Stellantis facility in Toledo, Ohio, on Monday.

UAW Strike Collides With Biden’s Manufacturing Agenda

4 min read . 19 Sept 2023

The $1 trillion infrastructure spending bill President Biden signed in 2021 has money to replace lots of historic bridges. That should create a buyer’s market.

The Government Has a Bridge To Sell You. Or Give You.

5 min read . 05 Sept 2023

Los Angeles is one of the large US cities that have directed more money to rainy-day funds. (Photo: AP)

States are flush with cash, which could soften a possible recession

4 min read . 05 Feb 2023

Inflation-adjusted average hourly earnings—or real earnings—were down 1.7% in December 2022 from a year earlier, following a 2.1% decline in December 2021 (Photo: Bloomberg)

Workers lose ground to inflation despite big wage gains

4 min read . 15 Jan 2023

Workers protested against the Sri Lankan government’s budget proposals in the country’s capital, Colombo (Photo: AFP)

High debt levels could pressure developing countries as global economy slows

2 min read . 07 Dec 2022

Not only are shelter costs rising, they are climbing at an accelerating pace, accounting for a growing share of the overall inflation rate—about 25% of August’s rate, up from about 20% in February (Photo: Bloomberg)

Climbing housing costs could prop up inflation for a while

3 min read . 20 Sept 2022

The onset of the war pushed up global food prices by 13% in March from the previous month, according to the United Nations’ Food and Agriculture Organization. (Photo: HT)

Falling food prices ease pressure on global inflation

4 min read . 31 Jul 2022

Food inflation, including that of edible oils, especially palm oil, has been a cause of concern for several FMCG companies.ht

How high is inflation and what causes it? What to know

4 min read . 15 Apr 2022

Amazon workers in New York voted Friday to establish the first US union at the e-commerce giant. (AFP)

Amazon workers’ union victory bolsters revitalized labor movement

4 min read . 03 Apr 2022

Initial jobless claims, a proxy for layoffs, decreased by 28,000 to a seasonally adjusted 187,000 last week, the Labor Department said Thursday. (Photo: AFP)

US jobless claims fall to 187,000, lowest level since 1969

2 min read . 25 Mar 2022

The number of first-time claims decreased to 238,000 in the week ended Jan. 29 from 261,000 the prior week, the Labor Department said (Photo: AFP)

US jobless claims fall for second straight week

2 min read . 04 Feb 2022

Stock market jitters don’t endanger economy yet

4 min read . 30 Jan 2022

The White House in Washington, D.C., U.S. (Bloomberg)

US withdraws emergency covid vaccine mandate after Supreme Court blocks rule

1 min read . 26 Jan 2022

Under a COLA, a worker’s pay rises to compensate for the increase in consumer prices. The idea is to protect wages in times when consumer prices are rising rapidly and unpredictably (Photo: iStock)

As inflation rises, cost-of-living raises gain popularity

4 min read . 21 Dec 2021

Central banks, instead of loosening monetary policy to prop up their economies as they did at the start of the pandemic, are moving to unwind stimulus and raise interest rates

Central banks worry Omicron could sustain inflation

5 min read . 19 Dec 2021