Setting a pay precedent




Marketplace All-in-One show

Summary: <p>The Teamsters union reached an agreement with UPS yesterday, narrowly avoiding a strike. The contract updates include a pay raise for part-time workers and $30 billion in wage gains over five years. That could set a precedent for other companies deciding whether to deliver pay increases to their employees. Plus, the ad market is seeing less revenue and the infrastructure of the care economy is shaky at best.</p>