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For decades, economists gave short shrift to the idea of monopsony — a power employers can have to suppress wages. Now a wave of research suggests it's everywhere, and a new book argues it's key to understanding today's inequality.
![[PHOTO] A mail-in ballot drop-off location at the Lakeside branch of the San Diego County Library on Oct. 13, 2020 with the KPBS Voter Hub logo in the bottom left corner.](https://cdn.kpbs.org/dims4/default/1d440bd/2147483647/strip/true/crop/1221x680+10+0/resize/560x312!/format/webp/quality/90/?url=http%3A%2F%2Fkpbs-brightspot.s3.us-west-2.amazonaws.com%2Fc3%2F7a%2F60c039b646f883070c20cb9a632b%2Fd4supes-vh.jpg)
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Bruno Mars tickets running for $2,000 and ones for SZA costing $600 caught California lawmakers’ attention. They’re advancing two bills targeting the resale market. -
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Progressive former state Controller Betty Yee said she is dropping out amid faltering polling and poor fundraising. -
In the wide-open race for California governor, billionaire Tom Steyer is on a spending binge. The hedge fund manager-turned-liberal activist is using his personal fortune to saturate TV screens and mobile phones with advertising. -
The Trump administration asserts that a nearly 50-year-old law requiring the preservation of presidential records is unconstitutional. Historians warn important papers could be destroyed. -
The U.S. has taken custody of an Iranian-flagged cargo ship in the Strait of Hormuz after firing on its engine room, President Trump said in a post on social media. -
Exactly two months after the Supreme Court struck down most of President Trump's tariffs, businesses that paid those levies began requesting refunds Monday. -
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An 82-year-old Virginia senator raising the stakes, an Indiana consensus builder and a Texas enforcer are among state officials who have shaped the course of the midterm redistricting race. -
Villaraigosa was State Assembly Speaker from 1998 to 2000 and was mayor of Los Angeles for 8 years before terming out in 2013. He has also run for governor before in 2018. He failed to move on from the primary, losing to Gavin Newsom and John Cox.
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