Don Lee writes economic stories out of Washington, D.C. Since joining the Los Angeles Times in 1992, he has served as the Shanghai bureau chief and in various editing and reporting roles in California. Lee previously worked at the Kansas City Star. He is a native of Seoul, Korea, and graduated from the University of Chicago.
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The Trump administration’s plans to slap new tariffs on imports from Canada and other countries could set off new waves of inflation in home building.
As Hollywood goes through vast technological, financial and global change, the state’s cornerstone entertainment industry and its workers face a hard reality: Lost jobs may never come back.
The U.S. economy created a burst of new jobs in December, capping a solid year of employment growth marked by big gains in healthcare and government payrolls.
A preliminary report by Accuweather estimated the cost of the wildfires ravaging L.A. County at more than $50 billion, a total that would make it one of the costliest natural disasters in recent U.S. history.
From Musk to Nvidia, California’s big tech titans say foreign worker visas are vital. Will Trump defy MAGA and support H-1B visas?
The Federal Reserve on Wednesday made another cut in interest rates, but dialed back expectations for lowering rates in the near future.
President-elect Trump has vowed that his return to the White House will bring about a resurgence of blue-collar work across the country.
Job growth rebounded in November from the weather-related slowdown the previous month, fresh evidence that the labor market remains healthy.
Some of Trump’s Cabinet picks have raised hopes that his policies will not be wildly disruptive or bring back inflation. That may be wishful thinking.
A USC student was one of three people killed in a Tesla Cybertruck crash early Wednesday in Piedmont, the university confirmed Saturday.