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Wages And Income

October 24, 2003 | Sharon Bernstein and Kurt Streeter, Times Staff Writers
Momentum appears to be building in negotiations between the Metropolitan Transportation Authority and the mechanics union, whose members began a countywide transit strike last week. Flush from meetings that stretched past 4 a.m. on Thursday, the two sides said they had agreed on 24 minor contract issues. Feeling confident that they were moving forward, they scheduled negotiations for today and Saturday and met again Thursday evening.
April 15, 1996 | ROGER M. MAHONY, Cardinal Roger M. Mahony is the archbishop of Los Angeles
The House of Representatives last month passed an immigration bill after prolonged and divided debate. In the end, members from both sides of the aisle joined to approve the legislation by an overwhelming margin. Bipartisan support, however, is never a sure indication of sound legislation. Instead, the vote signaled the coming of an election season in which pollsters have calculated that immigration toughness may be a key litmus test for candidates in November.
April 1, 2006
JAPAN IS BACK. AFTER 15 YEARS in the doldrums, its economy is showing real signs of life. Consumers are spending, the stock market is up and, of most interest to economists, prices are no longer falling. The era of deflation has come to an end, allowing Japan's central bank to stop begging people to borrow money at no cost. This is good news. A healthy, growing Japan, the world's second-largest economy, benefits the rest of Asia as well as American manufacturers such as Boeing.
May 30, 1998 | From Times Wire Services
Consumers spent at a healthy clip in April, suggesting robust domestic demand was so far offsetting any economic slowdown from weaker Asian exports, according to a Commerce Department report released Friday. Personal income also advanced last month, but not enough to keep up with spending. Total spending on everything from new cars to food to medical services increased 0.5% to a seasonally adjusted annual rate of $5.72 trillion, after a matching 0.5% rise in March.
July 16, 2010 | By David Pierson, Los Angeles Times
China's attempts to cool off its runaway economy have resulted in slower growth in the second quarter, according to government statistics released Thursday. The nation's gross domestic product grew 10.3% from a year earlier, down from a scorching 11.9% in the first quarter. Although strong expansion earlier in the year helped China recover from the financial crisis, it also introduced greater risks to the economy. Government stimulus spending and loose bank lending have helped fuel a real estate bubble and rising inflation.
October 25, 1999 | RONALD BROWNSTEIN, Ronald Brownstein's column appears in this space every Monday
Without anyone explicitly organizing it, the United States has embarked on a vast social experiment to test the favorite theories of left and right for reversing the generation-long rise in out-of-wedlock births. Reducing the number of children born outside of marriage remains one of the country's most pressing social needs.
August 14, 2003 | Rich Connell and Robert J. Lopez, Times Staff Writers
TV commentator and author Arianna Huffington, who launched her campaign for governor with criticism of "fat cats" who fail to shoulder a fair share of taxes, paid no individual state income tax and just $771 in federal taxes during the last two years, her tax returns show. Huffington, who released her tax returns for the last two years to The Times, lives in an 8,000-square-foot home in Brentwood above Sunset Boulevard that is valued at about $7 million.
Taxpayers will have to change a time-honored tradition if Congress accepts recommendations made Thursday to push back the federal income tax deadline one to two months past the current April 15 deadline. The proposal was approved in a vote by the National Commission on Restructuring the Internal Revenue Service, which was appointed last year by Congress to find ways to improve the troubled tax agency's operations.
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