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News Articles: Economy

US investor and hedge fund manager Scott Bessent testifies before a Senate Finance Committee hearing on his nomination to be Secretary of the Treasury on January 16, 2025.

Tagged as: 

  • Economy

Trump's pick for Treasury Secretary is Scott Bessent. Here's what to know

Trump's promised tax cuts, and their potential consequences for the U.S. economy, took center stage at Bessent's confirmation hearing.

January 16, 2025
|
By:
  • Maria Aspan
Gas and food prices such as eggs helped push up inflation last month. Egg prices were up nearly 37% in December from a year earlier.

Tagged as: 

  • Economy

Inflation remains stubbornly high for many Americans. Could it get worse under Trump?

Consumer prices rose 2.9% in December from a year earlier, marking the third consecutive monthly uptick in annual inflation.

January 15, 2025
|
By:
  • Rafael Nam
A 2025 model Hyundai Ioniq 5 electric SUV is seen Tuesday, Sept. 3, 2024, after being unveiled at an auto dealership in Savannah, Ga. The car, made at Bryan County’s Hyundai Metaplant, qualifies for the $7,500 federal tax rebate for US made EVs. That rebate is a likely target for President Elect Trump.

Tagged as: 

  • Economy

Report: Georgia leads nation in clean energy job growth

Georgia continues to lead the nation in the growth of clean energy transition related jobs. The federal spending spurring that growth is a likely target of the new Trump administration.

January 15, 2025
|
By:
  • Grant Blankenship
NPR has tracked the prices of dozens of items at one Walmart in Georgia over multiple years.

Tagged as: 

  • Business

NPR shopped for 96 items at Walmart to track how prices are really changing

NPR has tracked the prices of dozens of items at the same superstore in Georgia, including eggs, T-shirts, snacks and paper towels. Here's what got cheaper over the past year, and more expensive.

January 15, 2025
|
By:
  • Alina Selyukh and
  • Juweek Adolphe
A young skateboarder riding in front of the Ferry Building on the Embarcadero in San Francisco California.

Tagged as: 

  • Economy

This skateboarding economist suggests we need more skateparks and less capitalism

A skateboarder presented an unusual paper at this year's big meeting of American economists.

January 14, 2025
|
By:
  • Greg Rosalsky
Vehicles and trucks for export wait for transportation from a port in Yantai in eastern China's Shandong province on Jan. 2, 2025.

Tagged as: 

  • World

China's exports in December up 10.7%, beating estimates as higher U.S. tariffs loom

China has raced to fill orders ahead of President-elect Donald Trump's promised tariffs on Chinese goods. Exports have surged in the country since the pandemic.

January 13, 2025
|
By:
  • The Associated Press
U.S. employers added 256,000 jobs last month, while the unemployment rate edged down to 4.1%.  Cyclical industries such as restaurants and retail added tens of thousands of jobs in December.

Tagged as: 

  • Business

There is one major gift Trump is inheriting from Biden: A good job market

U.S. employers added more than a quarter-million jobs in December, according to the Labor Department. That's far more than forecasters were expecting.

January 10, 2025
|
By:
  • Scott Horsley
WASHINGTON, DC - JANUARY 8: The flag-draped casket of former U.S. President Jimmy Carter lies in state in the U.S. Capitol Rotunda on January 8, 2025 in Washington, DC. Carter, the 39th President of the United States, died at the age of 100 on December 29, 2024 at his home in Plains, Georgia. (Photo by Andrew Harnik/Getty Images)

Tagged as: 

  • Business

U.S. stock markets close to honor former President Jimmy Carter

The New York Stock Exchange and the Nasdaq will both observe Thursday's national day of mourning in a Wall Street tradition dating back to 1865.

January 10, 2025
|
By:
  • Maria Aspan
Georgia Southern University economics professor Michael Toma speaks at the Savannah Convention Center on Wednesday, Jan. 8.

Tagged as: 

  • Economy

Georgia economy expected to slow in 2025, but remain stronger than nation overall

Savannah's prospects appear brighter than the state's.

January 10, 2025
|
By:
  • Benjamin Payne

Tagged as: 

  • Economy

What America's top economists are saying about AI and inequality

Planet Money attended the annual meeting of American economists — and the most popular topic this year was artificial intelligence.

January 07, 2025
|
By:
  • Greg Rosalsky
Three oil platforms are seen in federal waters off the southern California coast in 2021.  President Biden has prohibited new oil and gas leases in more than 625 million acres of federal ocean; existing leases are not affected.

Tagged as: 

  • Business

Biden makes an 11th-hour move to block coastal oil drilling

President Biden has issued an executive order blocking drilling for oil in more than 625 million acres of U.S. ocean. It's the largest such move in history, but is almost guaranteed to be challenged under the incoming Trump administration.

January 06, 2025
|
By:
  • Camila Domonoske
File photo of several dozen pills containing fentanyl. They are circular and blue, with one side showing a capital letter M and the other side showing the number 30.

Tagged as: 

  • Health

Year end drug seizures by Atlanta agents show continued rise in deadly pills

Nationally, synthetic opioids, primarily fentanyl, now cause more overdose deaths than any other illicit drug.

January 03, 2025
|
By:
  • Sofi Gratas
The Internal Revenue Service (IRS) headquarters building in Washington.

Tagged as: 

  • Politics

A million taxpayers will soon receive up to $1,400 from the IRS

People who missed one of the COVID stimulus payments or had received less than the full amount were able to claim the credit.

December 24, 2024
|
By:
  • The Associated Press
President-elect Donald Trump speaks at a news conference at his Mar-a-Lago resort in Palm Beach, Fla., on Dec. 16.

Tagged as: 

  • Politics

Trump is all about tariffs as he leads a party that used to be all about free trade

Once upon a time, Republicans spoke of free trade in glowing terms. With his constant threats of tariffs and a history of implementing them, President-elect Donald Trump has flipped that on its head.

December 20, 2024
|
By:
  • Danielle Kurtzleben
President-elect Donald Trump has not yet been sworn in but he and his close adviser Elon Musk are already wielding power in Washington.

Tagged as: 

  • News

GOP stop-gap bill fails, bringing potential shutdown closer. And, NPR's guide to dance

Congress has until midnight tonight to avoid a government shutdown after House Republicans were unable to pass a stop-gap funding bill yesterday. And, tips to improve your dance moves.

December 20, 2024
|
By:
  • Brittney Melton
  • Load More

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