NYT > Economy

    Tariffs Imperil a Hometown Business in South Carolina: BMW

    Tariffs Imperil a Hometown Business in South Carolina: BMW


    BMW vehicles made in Spartanburg, S.C., home to the automaker’s largest plant, are loaded at the port of Charleston, a hub of global...

    The automaker became the No. 1 exporter of American-made cars, transforming Spartanburg. Now it is weighing the impact of an escalation of the trade fight.
    Trump Nominee Is Mastermind of Anti-Union Legal Campaign

    Trump Nominee Is Mastermind of Anti-Union Legal Campaign


    A labor protest in New York last month on the day the Supreme Court struck down mandatory union fees for government workers. A legal campaign to force public-sector unions to refund fees already paid by nonmembers is underway in several...

    A conservative lawyer chosen to head a federal agency has spent months bringing cases that could bankrupt public-employee unions in several states.
    Judge Rejects Settlement Over McDonald’s Labor Practices

    Judge Rejects Settlement Over McDonald’s Labor Practices


    The key question of a labor case against McDonald’s is whether the company is a so-called joint employer of the workers hired by its franchisees, meaning it controls working...

    The proposed accord with the federal government would have avoided a decision that could expose parent companies to liability for violations by franchisees.
    China’s Strong Economic Growth Figures Belie Signs of Weakness

    China’s Strong Economic Growth Figures Belie Signs of Weakness


    The United States has started a trade war with China, and by this autumn it could widen the conflict by hitting another $200 billion in Chinese goods with...

    A 6.7 percent expansion rate comes amid signs that Beijing’s efforts to tame debt, the trade dispute with the U.S. and other problems are taking a toll.
    Paychecks Lag as Profits Soar, and Prices Erode Wage Gains

    Paychecks Lag as Profits Soar, and Prices Erode Wage Gains


    Job seekers at a career fair in Los Angeles on March 8. Employers complain of labor shortages, but many are reluctant to pay higher...

    Fears of an overheated economy could prompt the Federal Reserve to cut short a recovery in which incomes have already struggled to gain traction.
    Bits: The Week in Tech: What Trump’s Trade War Is Really About

    Bits: The Week in Tech: What Trump’s Trade War Is Really About


    The share price of the chip maker Micron Technology on the floor of the New York Stock Exchange in March. Micron says it was the target of corporate theft involving a Chinese...

    Here’s a reminder of how technology aspirations and competition are at the heart of the battle between the United States and China.
    China’s Taste for Soybeans Is a Weak Spot in the Trade War With Trump

    China’s Taste for Soybeans Is a Weak Spot in the Trade War With Trump


    Fu Wanjiang, a farmer working for a cooperative, in a tractor cultivating a soybean field near Heihe, in northeastern China, last week. China is pressing its farmers to grow more soy, but the challenges are...

    Beijing’s retaliatory tariffs make American soy pricier. But the country’s huge demand for oil and animal feed makes it tough to stop importing overnight.
    Sorry, Power-Lunchers. This Restaurant Is a Co-Working Space Now.

    Sorry, Power-Lunchers. This Restaurant Is a Co-Working Space Now.


    The start-up Spacious has turned 25 restaurants, including the Milling Room in Manhattan, into a co-working space during the...

    Everything, it seems, is a shared office these days, including upscale dining rooms before they open for the evening. A start-up called Spacious is driving the trend.
    High-Skilled White-Collar Work? Machines Can Do That, Too

    High-Skilled White-Collar Work? Machines Can Do That, Too


    A Stitch Fix warehouse in San Francisco. The company relies on algorithms to help personalize shipments to...

    Few jobs would appear less prone to automation than fashion industry taste-making. But artificial intelligence is undeterred.
    Employers’ Hiring Push Brings Workers Off the Bench

    Employers’ Hiring Push Brings Workers Off the Bench


    Crews working on a tunnel project in Roanoke County, Va. The demand for workers has brought some Americans back into the labor force and encouraged an increasing number of others to switch...

    A hefty rise in payrolls last month points to an economy strong enough to draw people back into the labor force. Over all, 213,000 jobs were added.
    Tariffs? Time for a Plan B: ‘Gobble Up Every Bit of Material That I Can’

    Tariffs? Time for a Plan B: ‘Gobble Up Every Bit of Material That I Can’


    Mark Vaughn and his sons Bryant, center, and Will at Vaughn Manufacturing in Nashville. As the year started, the company planned to add several machinists in $28-an-hour jobs. Because of the Trump administration’s tariffs, jobs may be cut...

    With trade disputes growing and new American tariffs on Chinese goods due Friday, some businesses have halted hiring, put off purchases or cut costs.
    New Wall Street Question on Eve of Jobs Report for June: Will Trump Tweet?

    New Wall Street Question on Eve of Jobs Report for June: Will Trump Tweet?


    The jobs numbers for May were better than expected, a fact some traders guessed at based on President Trump’s tweet ahead of the report’s...

    President Trump posted a comment on Twitter about the Labor Department’s jobs report last month before it was made public, breaking with decades of protocol. Will he do it again?
    How Trump’s Policy Decisions Undermine the Industries He Pledged to Help

    How Trump’s Policy Decisions Undermine the Industries He Pledged to Help


    Farmers, carmakers and energy giants are feeling the unintended consequences of tariffs and regulatory upheaval. Now, industry is pushing...

    Farmers, carmakers and energy giants are feeling the unintended consequences of tariffs and regulatory upheaval. Now, industry is pushing back.
    Trump Voters May Be the Biggest Losers From Trump’s Auto Tariffs

    Trump Voters May Be the Biggest Losers From Trump’s Auto Tariffs


    A new factory operated by Volvo Cars near Ridgeville, S.C. Carmakers, both foreign and domestic, say President Trump’s proposed tariffs would damage their supply lines, interfere with exports and eventually force them to curtail operations in...

    European auto manufacturers are among the biggest employers in some Republican strongholds.
    Supreme Court Labor Decision Wasn’t Just a Loss for Unions

    Supreme Court Labor Decision Wasn’t Just a Loss for Unions


    Pro-union demonstrators rallying on Wednesday in Lower Manhattan after the Supreme Court decision on union financing. The ruling is a blow to progressive groups that benefit from labor...

    Progressive groups getting tens of millions of dollars a year find their funding at risk given the expected drop in public-sector unions’ revenue.
    China Taps the Brakes on Its Global Push for Influence

    China Taps the Brakes on Its Global Push for Influence


    Chinese construction workers in Colombo, Sri Lanka, in early June. New governments in places like Malaysia and Sri Lanka have questioned why their predecessors borrowed so much from...

    Chinese companies are steering less money into its Belt and Road Initiative, as top officials ask whether borrowers will be able to repay loans.
    With Jobs to Fill, Businesses Play the Visa Lottery

    With Jobs to Fill, Businesses Play the Visa Lottery


    Jose Vera Ramirez is among the immigrant seasonal workers employed by Phil Steinhauer’s landscaping company in Centennial, Colo. Businesses were chosen by lottery to be able to hire workers under the H-2B visa...

    A tight labor market set off a scramble among businesses in a visa lottery for temporary workers, adding a new element to the politics of immigration.