Articles by Christopher Rugaber

More White Collar Employees Starting to Face Pay Cuts, Layoffs

First, it was bars, restaurants, hotels. And clothing stores, movie theaters, entertainment venues. And countless small businesses, from bookstores to barber shops. Now, the record-setting flood of layoffs unleashed by the viral outbreak is extending beyond the services industries that …

How Data-Dependent Federal Reserve Is Growing to Like Private Company Big Data

About a year ago, Federal Reserve officials were nervous. Markets were cratering. Fear about a trade war was rising. The officials needed to know if the turmoil was chilling consumer spending. Problem was, a partial shutdown of the government had …

More Employers Adopting ‘Don’t Ask, Don’t Tell’ Policy for Marijuana Use

FPI Management, a property company in California, wants to hire dozens of people. Factories from New Hampshire to Michigan need workers. Hotels in Las Vegas are desperate to fill jobs. Those employers and many others are quietly taking what once …

Sizing Up the Gig Economy

Look around, and it seems more Americans are working outside traditional full-time jobs — whether as freelance graphic designers or independent contractors or Uber drivers. Or maybe not. A government report this week suggested that the proportion of such jobs …

Irene’s Impact on Private Insurance Markets

The $7 billion in estimated losses from Hurricane Irene compound the vast damage caused by weather in the United States this year. Yet despite billions they’ve paid out for floods, tornadoes and earthquakes, big insurance companies can expect another profitable …

Pressure Rising for Tighter Regulation of Insurance, Financial Services

With the passage of the $700 billion rescue package, the financial industry will face greater congressional scrutiny in coming weeks and months. Further-reaching regulation is almost certain. Previously obscure corners of the industry now subject to few rules, such as …

Pressure Rising for Tighter Regulation of Insurance, Financial Services

With the passage of the $700 billion rescue package, the financial industry will face greater congressional scrutiny in coming weeks and months. Further-reaching regulation is almost certain. Previously obscure corners of the industry now subject to few rules, such as …

Crane Industry Groups Push for National Standards

In the wake of three construction crane accidents in the past three months that claimed 11 lives, industry groups on Thursday called for nationwide safety standards. An industry council agreed on a set of standards in July 2004 and recommended …

Supreme Court Weighs Insurer’s Conflict of Interest in Health, Disability Benefits Claim Denial

The Supreme Court struggled in late April with how much weight to give an insurance company’s potential conflict of interest when it denies an employee’s health or disability benefits claim. The lawyer representing the Ohio woman who sued MetLife Inc. …

Supreme Court Weighs Insurer’s Conflict of Interest in Claim Denial

The Supreme Court struggled last week with how much weight to give an insurance company’s potential conflict of interest when it denies an employee’s health or disability benefits claim. The lawyer representing the Ohio woman who sued MetLife Inc. over …