MoneyWatch

Striking Hollywood writers have asked their fellow Writers Guild of America members who are up for Tony Awards not to attend the ceremony on June 11, according to The Hollywood Reporter.  The WGA recently sent an email to guild members who are nominated for Tonys asking them to boycott the …

More than 33 million people in the United States are driving vehicles that contain a potentially deadly threat: Airbag inflators that in rare cases can explode in a collision and spew shrapnel. Few of them know it. And because of a dispute between federal safety regulators and an airbag parts …

Contract negotiations are keeping thousands of commercial pilots grounded at a time when the nation will soon be entering the busy summer travel season.  American Airlines pilots voted to authorize a strike earlier this month. Southwest Airlines pilots made the same move on Thursday.  “The lack of leadership and the unwillingness …

For nearly two years, worker pay in the U.S. has fallen short of crushing increases in the cost of living. But a handful of the highest-paid CEOs have comfortably stayed ahead of inflation. Average pay for top chief executives last year rose 7.7%, according to a report from Equilar, an …

First Republic Bank’s stock price continued to plunge Wednesday, fueling concerns about the regional lender’s prospects following the recent collapse of Silicon Valley Bank and Signature Bank. After shedding half their value on Tuesday, First Republic shares tumbled nearly 30% to close at $5.69, with the New York Stock Exchange halting trading …

Fashionistas who buy garments labeled “Made in USA” may be unwittingly contributing to workers’ wage theft, according to a new report from the U.S. Department of Labor. A random sweep of 50 garment manufacturers in Los Angeles found that 80% were breaking wage and hour laws, regulators said. The agency …

Americans looking to buy a home in much cheaper markets might want to try their luck west of Texas, according to a real estate analysis released this week.  Home prices fell in 12 of the largest metro areas west of Texas last month, including 10.5% in San Jose, California; 10.3% …

Dilbert comic strip creator Scott Adams built a career based on his pointed and humorous views on the workplace. When it comes to describing his own current work environment, he summed it up on Sunday in two words: “train wreck.”  Adams, who is White, is facing serious repercussions following recent comments he …

The U.S. economy expanded at a 2.7% annual rate from October through December, a solid showing despite rising interest rates and elevated inflation, the government said Thursday in a downgrade from its initial estimate. The government had previously estimated that the economy grew at a 2.9% annual rate last quarter. …

Abbott Laboratories is facing investigations by the Securities and Exchange Commission and the Federal Trade Commission (FTC) in connection with its formula business, the company revealed in a recent SEC filing.  The developments are the latest in a series of inquiries into the factors that precipitated the company’s Michigan factory …