Economy & Business

20 Years Of NAFTA
3:59 pm
Tue December 17, 2013

What Has NAFTA Meant For Workers? That Debate's Still Raging

An auto worker tightens bolts on a Focus at a Ford plant in Michigan in October. Labor unions predicted in 1993 that NAFTA would send many U.S. manufacturing jobs to Mexico, and they continue to argue that the pact prompted a race to the bottom for workers.
Mira Oberman AFP/Getty Images

Originally published on Tue December 17, 2013 11:31 pm

Two decades ago, the strongest critics of the North American Free Trade Agreement were members of labor unions. They warned that the trade deal would mean the loss of manufacturing jobs to Mexico and lower wages for U.S. workers.

Today, 20 years since NAFTA's passage, unions feel as strongly as ever that the deal was a bad idea.

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All Tech Considered
3:17 pm
Tue December 17, 2013

In A Divided San Francisco, Private Tech Buses Drive Tension

Protesters in San Francisco block a Google bus, which shuttles employees from the city to its location in Silicon Valley.
cjmartin Flickr

Originally published on Tue December 17, 2013 11:31 pm

Part of a series on income inequality in the San Francisco Bay Area

If you want to understand the tension between tech workers in San Francisco, who often make six figures, and many of the city's other residents, try standing on the southwest corner of 24th Street and Valencia around 7:30 on a weekday morning.

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The Two-Way
12:49 pm
Tue December 17, 2013

Report: 6.4 Million U.S. Homes Still Have Negative Equity

A realty sign in front of a home in The Lakes neighborhood in Las Vegas. Nevada, which was hit hard by the housing bust five years ago, remains the state with the highest number of homes with negative equity.
Isaac Brekken AP

Originally published on Tue December 17, 2013 2:00 pm

Although most of the housing indicators have been looking up recently, there are still about 6.4 million homes with "underwater" mortgages, in which the homeowner owes the bank more than the house is worth.

According to the CoreLogic Equity Report, "nearly 6.4 million homes, or 13 percent of all residential properties with a mortgage, were still in negative equity at the end of the third quarter."

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All Tech Considered
12:09 pm
Tue December 17, 2013

Almost All Tech Execs At White House Supported Obama Campaign

Chad Dickerson, chief executive of Etsy, was among the group of tech leaders visiting the White House. He gave $500 to the Obama campaign.
Etsy

Originally published on Tue December 17, 2013 4:51 pm

President Obama just wrapped up a meeting with high-tech luminaries at the White House, focusing on an agenda of how to clean up HealthCare.gov, and how to stop the snooping by the National Security Agency from continuing to cast a pall over high-tech profits.

The group has a lot to discuss. On Monday, a federal judge ruled that the NSA's collection of millions of telephone records may be unconstitutional.

Here's who was invited.

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Economy & Business
11:07 am
Tue December 17, 2013

Calls For Wage Increase in Milwaukee Grow Louder

Protesters demonstrated recently in front of a north side Milwaukee restaurant as part of a push to raise the minimum wage.
Credit Bob Bach

Milwaukee area fast food restaurant workers are demanding an increase in the minimum wage. However, a small business advocate cautions such a change could derail the economic recovery for some firms.

Scores of people turned out for a rally earlier this month seeking a hike in the minimum wage of $7.25 an hour.

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