Allen J. Schaben | Los Angeles Times | Getty Images The Port of Los Angeles reported its best June ever for shipping container traffic, an increase in ocean freight that port executives described as a tariff whipsaw effect, with shippers racing to beat President Trump’s trade taxes, especially a mid-August deadline for tariffs on Chinese…
Workers across the United States are getting a raise this week after minimum wage increases took effect across several states and localities Tuesday. The wage increases are expected to affect more than 880,000 workers this summer as minimum wage laws take effect in areas including Alaska, Oregon, Washington, D.C. and certain cities in California and…
Albany Times Union/hearst Newspapers | Hearst Newspapers | Getty Images On the surface of the U.S. economy, prices are higher. The latest inflation data out on Friday from the government showed a bigger uptick than forecast. On Thursday, Nike said it took a $1 billion hit due to tariffs and the fact that price increases…
