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
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
Nate Holden, former L.A. councilman and state senator, recalled the day in 1990 when he was invited by Trump to fly from Manhattan to Atlantic City on his chopper.
Aug. 10, 2024
It’s nail-biting time on Wall Street. Stocks had been dropping at worrisome rates for several days, but on Monday things went from concerning to panicky.
Aug. 5, 2024
Chevron y otras empresas petroleras han sido demandadas por California, que alega que sus operaciones de producción y refinado han causado daños multimillonarios.
Aug. 3, 2024
Chevron and other oil firms have been sued by California, which alleges that their production and refining operations have caused billions in damage.
Aug. 2, 2024
U.S. job growth slowed sharply last month and the unemployment rate rose to a nearly three-year high of 4.3%, the latest sign of a cooling labor market.
Aug. 2, 2024