Don Lee

Construction materials float along the mostly flooded Interstate 10 in Vidor, Texas, on Aug. 31, 2017.

Harvey likely to be the second-most costly natural disaster in U.S. history

August 22, 2019 at 5:43 a.m.

Between the shutdown of oil refineries and chemical plants, impaired roads and ports, and widespread damage to homes, businesses and cars, the economic toll from Hurricane Harvey is now being...

Negotiations to revamp NAFTA shift to Mexico on Sept. 1-5. Protesters in Mexico City marched during the opening round of talks in Washington on Aug. 16.

Why Trump’s threat to withdraw from NAFTA is an empty one

August 22, 2019 at 5:41 a.m.

As the United States, Canada and Mexico head for a second round of talks this weekend to renegotiate the North American Free Trade Agreement, President Trump is ramping up his...

President Trump, shown signing an executive order, has repeatedly stated that he would terminate the North American Free Trade Agreement if it could not be significantly improved in favor of American interests.

Trump administration unveils objectives for NAFTA renegotiations

August 22, 2019 at 5:10 a.m.

The Trump administration on Monday unveiled its highly anticipated plans for renegotiating the North American Free Trade Agreement, explicitly stating that its key objective is to reduce the trade deficit...

Trump’s plan to change NAFTA falls short of campaign bluster

August 22, 2019 at 3:47 a.m.

Far from the sweeping trade overhaul that Donald Trump promised on the campaign trail, his administration is considering a surprisingly modest revamp of the North American Free Trade Agreement, according...

President-elect Donald Trump announcing a job-saving deal with Carrier Corp. on Dec. 1 in Indianapolis.

Trump’s strategy on protecting American jobs rattles companies

August 22, 2019 at 2:19 a.m.

President-elect Donald Trump has not yet been sworn in, but he's already set the tone for how he will deal with companies as the nation's chief executive. After successfully pressuring...

Republican presidential candidate Donald Trump, accompanied by, from left, Donald Trump Jr., Eric Trump, Trump, Melania Trump, Tiffany Trump and Ivanka Trump.

How Trump could use the presidency to help his own business interests

August 22, 2019 at 2:04 a.m.

The Trump Organization spent months trying to drive off the culinary union from its Las Vegas hotel, losing one legal battle after another before a federal labor board. Soon Donald...

Then-Secretary of State Hillary Clinton meets with Chinese Foreign Minister Yang Jieche at the Ministry of Foreign Affairs in Beijing on Sept. 4, 2012.

Clinton’s immigration plan could help economy more than Trump’s, most economists say

May 14, 2019 at 11:34 a.m.

Forget about tax plans and spending programs, trade deals and regulatory reform. When it comes to influencing the speed and direction of the economy, few things will matter more than...

Young people play Jenga at a coffee house in Glendale.

Millennials aren’t big spenders or risk takers, and that’s going to reshape the economy

June 9, 2018 at 4:12 p.m.

They're known for bouncing around jobs, delaying marriage and holing up in their parents' basements. Dubbed recently as the "children of the Great Recession" by Democratic presidential nominee Hillary Clinton,...

Customer call centers are one of the occupations most affected by domestic outsourcing.

Behind shrinking middle-class jobs: A surge in outsourcing

June 12, 2018 at 2:49 a.m.

For nearly 20 years Alfredo Molena made a middle-class living repairing bank ATMs in Los Angeles, despite being a high school dropout and immigrant from El Salvador. By 2000 he...

Historically, 4 of 10 houses sold went to first-time buyers, but that is closer to 30% today. That percentage is even lower for the new-home market. Above, a home for sale in Atlanta.

Why many millennials are still staying away from homeownership

June 11, 2018 at 11:27 a.m.

For millions of young adults who make up the largest and best-educated generation in American history, coming of age in the wake of the Great Recession has been particularly painful....

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