Companies are seeking concessions from states and cities to keep jobs local, and the giveaways are adding up to a big bill for taxpayers. The NYT reports.
Business activity in the U.S. Midwest expanded for the first time since August, a report showed on Friday, buoyed by an improvement in the labor market.
The labor strike at the ports in Los Angeles and Long Beach, Calif., the two biggest ports in the US, probably won't keep toys and TVs off the shelves for the holiday season, but it is likely to affect white sales and other annual post-Christmas mega-bargains, The NYT reports.
Randy Kroszner, Professor Of Economics at the University of Chicago Booth School of Business, shares his opinion of the employment number. Talk of tapering QE seems to have been premature.