Meredith Garretson

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Latest Stories (19)

One key to fixing the economy? Getting low-wage workers help

Christopher Low, chief economist at FHN Financial, says low-wage workers are suffering the bulk of job losses — the opposite of what happened in 2008.
A pedestrian walks by a San Francisco restaurant closed because of COVID-19.
Justin Sullivan/Getty Images

U.S. economists win Nobel Prize for auction theory work

The winning economists designed auctions that allow for multiple bids over a period of time.
U.S. economists Paul Milgrom and Robert Wilson won the Nobel Prize in economics work on commercial auctions, including for goods and services difficult to sell in traditional ways such as radio frequencies, the Nobel Committee said.
Anders Wiklund/TT News Agency/AFP via Getty Images

Trump's positive COVID test adds more uncertainty to volatile markets

It comes after the first presidential debate and the uncertain fate of more coronavirus relief.
Mandel Ngan/AFP via Getty Images

What Trump's taxes tell us about his finances and U.S. tax code

For years, wealthy people have gone into real estate in order to pay low or no taxes.
Joshua Roberts/Getty Images

Treasury report on paying for long-term care offers few solutions for families

It only calls for modest tweaks to the private long-term care insurance market.
About half of Americans turning 65 these days will need some kind of long-term care and support services before they die.
Karen Ducey/Getty Images

The U.K. has a plan to pay businesses that hire young people

Businesses get about $2,000 for every six-month placement they provide for the unemployed.
The goal is to create around 300,000 jobs and help train these entry-level workers. Pictured: U.K. Chancellor of the Exchequer Rishi Sunak at a Jobcentre Plus in London.
Anthony Upton-WPA Pool/Getty Images

U.S. unemployment rate falls to 8.4% even as hiring slows

Employers added 1.4 million jobs, but that's the fewest since the pandemic began.
A lot of people who were on temporary furlough actually got their jobs back, including those in the retail sector.
Bryan R. Smith/AFP via Getty Images

United Airlines drops ticket change fees for domestic flights

Consumers have to be careful, as the fees still apply to the most basic economy fares.
This could be the first move in more permanent changes to airline ticket pricing.
Justin Sullivan/Getty Images

Organizing labor in an era of temporary work and the gig economy

The labor movement of the future moves beyond traditional collective bargaining, says former SEIU Local 26 President Javier Morillo.
The challenge facing the labor movement today, and in the last decades, has been to adjust to an economy that doesn’t depend on industrial jobs, but temporary workers.
Scott Olson/Getty Images

Chicago Mayor Lori Lightfoot on rebuilding trust between the city and its people

Lightfoot wants to "unwind" Chicago's "addiction to fines and fees" so as to not drive people into bankruptcy and out of the economy.
Scott Olson/Getty Images