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News Articles: Business

This illustration photo shows an Apple Watch 9 displaying the blood-oxygen level detection settings, in Los Angeles, on Tuesday.

Tagged as: 

  • Business

U.S. appeals court grants Apple's request to pause smartwatch import ban

The stay temporarily halts an import ban on some watches as Apple appeals a U.S. International Trade Commission ruling that it infringed on the patents of medical technology company Masimo.

December 27, 2023
|
By:
  • Natalie Schachar
GPB  NPR

Tagged as: 

  • Economy

Holiday spending is up, another good sign for the economy

Data show consumer spending from November 1 through Christmas Eve rose 3.1% year over year — a figure in line with the decade leading up to the pandemic and another positive sign for the economy.

December 27, 2023
|
By:
  • Becky Sullivan
Supermarket sticker shock eased this year, as egg prices fell back to earth. Despite gloomy recession forecasts at the beginning of the year, consumers kept spending and the economy continued to grow.

Tagged as: 

  • Business

These 5 charts show how life got pricier, but also cheaper, in 2023

Inflation eased this year, and wages are now climbing faster than prices. Americans are still spending, even if they have to borrow money to do so.

December 27, 2023
|
By:
  • Scott Horsley and
  • Alina Selyukh
South Fork Wind — a 12-turbine wind farm near Long Island —began generating electricity in December.

Tagged as: 

  • Climate

Offshore wind in the U.S. hit headwinds in 2023. Here's what you need to know

Rising interest rates, inflation, and global supply chain issues brought delays in 2023 for the offshore wind industry, but also some projects began generating energy.

December 27, 2023
|
By:
  • Miriam Wasser - WBUR
Sofia (Danielle Brooks) and Celie (Fantasia Barrino) in the 2023 film reincarnation of <em>The Color Purple.</em>

Tagged as: 

  • Movies

'The Color Purple' is the biggest Christmas Day opening since 2009

The Color Purple is now the second-biggest Christmas Day opening in history — $18 million on day one of its release.

December 27, 2023
|
By:
  • Bob Mondello
A bitcoin ATM is seen in Brooklyn, N.Y., on June 13, 2022. Virtual currencies like bitcoin are recovering from a tough period partly on rising hopes that bad actors have been weeded out and that confidence can return to the sector.

Tagged as: 

  • Business

After a brutal stretch, a remarkable thing is happening: Cryptocurrencies are surging

Bitcoin and other digital currencies are rallying, emerging from a stormy period with the conviction that crypto is here to stay.

December 27, 2023
|
By:
  • David Gura
Satya Nadella at the Axel Springer Award at Axel Springer Neubau on Oct. 17, in Berlin.

Tagged as: 

  • Technology

Microsoft CEO Satya Nadella discusses the promise and potential perils of AI

NPR's Steve Inskeep speaks with Microsoft CEO Satya Nadella about the opportunities and potential dangers of artificial intelligence.

December 27, 2023
|
By:
  • Steve Inskeep
A customer shops for holiday gifts in a Target store on Dec. 21 in Austin, Texas. Holiday shopping was up 3.1% over 2022, a lower figure than the pandemic years but still a healthy one, economists say.

Tagged as: 

  • Business

Holiday spending is up. Shoppers are confident, but not giddy

Consumer spending from Nov. 1 through Christmas Eve rose 3.1% year over year, new data show, a figure in line with the decade leading up to the pandemic and another positive sign for the economy.

December 27, 2023
|
By:
  • Becky Sullivan
Shovels and an excavator are visible at the groundbreaking celebration for the Stratos direct air capture plant in West Texas on April 28. Construction began on the site in late 2022, and it's slated to begin operations in 2025.

Tagged as: 

  • Business

This oil company invests in pulling CO2 out of the sky — so it can keep selling crude

A technology that could help combat climate change is being championed by an unlikely proponent: Occidental Petroleum, a big oil company. And that's raising all kinds of knotty issues.

December 27, 2023
|
By:
  • Camila Domonoske
A person holds a sign at a rally to raise the federal minimum wage, on Capitol Hill in Washington, D.C., on May 4.

Tagged as: 

  • Economy

Minimum-wage workers in 22 states will be getting raises on Jan. 1

While that's great news for the almost 10 million workers affected, 20 other states still pay minimum-wage workers the federal rate of $7.25 an hour.

December 26, 2023
|
By:
  • D. Parvaz
Canadian astronaut David Saint-Jacques has his blood sampled on board the International Space Station for an experiment that examines the space-related changes that occur in blood and bone marrow.

Tagged as: 

  • Media

Editor's picks: Stories we loved that you might have missed

We can tell from website analytics that a number of readers loved these stories as much as we did. So we're taking the opportunity to share them again before the year is out.

December 26, 2023
|
By:
  • Amy Morgan
Starbucks workers including barista Kat Ramos stand with striking SAG-AFTRA and Writers Guild of America members on the picket line in solidarity outside Netflix studios on July 28, 2023 in Los Angeles, Calif.

Tagged as: 

  • Business

Amazon, Starbucks worker unions are in limbo, even as UAW and others triumph

Amazon workers formed their first union. And at Starbucks, 380 stores are unionized, but not one has a contract. But the big, established unions have won big raises for workers.

December 26, 2023
|
By:
  • Andrea Hsu
GPB  NPR

Tagged as: 

  • Your Money

Most homes for sale in 2023 were not affordable for a typical U.S. household

The share of affordable homes plunged 40% from before the pandemic, according to a new analysis. The biggest drops were in smaller cities, where wages could not keep pace with spiking mortgage rates.

December 24, 2023
|
By:
  • Jennifer Ludden
Martin Luther King Jr. waves to supporters on August 28, 1963, during the March on Washington for Jobs and Freedom on the Mall in Washington, D.C. Activists marked 60 years since the march in 2023.

Tagged as: 

  • History

2023 was a year of big anniversaries

In 2023, we marked 20 years since the Iraq War, 50 years since the birth of hip-hop, and 60 years since the JFK assassination. Here's a roundup of historical events we wrote about over the past year.

December 23, 2023
|
By:
  • James Doubek
People shop for Nike shoes at a store in New York.

Tagged as: 

  • Business

Nike will lay off workers as part of $2-billion cost-cutting plan

The company slashed its sales forecast and said it plans to cut up to $2 billion in costs over three years. Slowing sales in China are a big reason why.

December 22, 2023
|
By:
  • Alina Selyukh
  • Load More

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