Don Lee writes economic stories out of Washington, D.C. Since joining the Los Angeles Times in 1992, he has served as the Shanghai bureau chief and in various editing and reporting roles in California. Lee previously worked at the Kansas City Star. He is a native of Seoul, Korea, and graduated from the University of Chicago.
Latest From This Author
A resurgence of hiring added a quarter-million jobs last month across the country and the unemployment rate dropped to 4.1%, according to new government data released Friday.
Oct. 4, 2024
The union representing 45,000 striking U.S. dockworkers at East and Gulf coast ports has reached a deal to suspend their strike until Jan. 15 to provide time to negotiate a new contract.
Oct. 3, 2024
Vice President Kamala Harris and former President Trump have clearly divergent tax proposals, though both candidates’ plans are short on detail.
Oct. 3, 2024
The union representing thousands of dockworkers from Maine to Texas launched a strike over wages and the use of automation, shutting down major seaports.
Oct. 1, 2024
A strike would cause billions of dollars in economic damage and force shippers to divert more products to the West Coast, raising costs for retailers and ultimately consumers.
Sept. 26, 2024
Employers in the state add 6,800 jobs in August, far below its nationwide share. Hiring in film, manufacturing and other key sectors stalls.
Sept. 20, 2024
Lower interest rates will ultimately help with credit card and real estate purchases, but it may take months for these benefits to seep to consumers.
Sept. 18, 2024
Job growth picked up in August from the sluggish pace of hiring the previous month, providing a bit of relief after sharp declines earlier in the summer roiled financial markets.
Sept. 6, 2024
After a near-textbook campaign to rein in inflation by raising interest rates, the head of the Federal Reserve all but promises to start lowering rates next month.
Aug. 23, 2024
Regular power surges at the Port of Los Angeles have disrupted operations, threatened its 2030 zero-emission goal and put the DWP on the defensive.
Aug. 16, 2024