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News Articles: Economy

An American flag hangs inside the former Westinghouse plant in Turtle Creek, Pa., which now houses several businesses, including the Eos Energy Enterprises Inc. manufacturing facility.

Tagged as: 

  • Business

Can bringing back manufacturing help the heartland catch up with 'superstar' cities?

In recent decades, America has seen economic opportunities concentrated in superstar cities. Manufacturing boosters hope reshoring factories could help change that. We look at the theory and evidence.

June 03, 2025
|
By:
  • Greg Rosalsky
A federal court blocked President Trump's sweeping tariffs on imports this week, but the administration has promised to appeal.  The on-again-off-again import taxes have been a source of frustration for many businesses that don't know what their costs will be from day to day.

Tagged as: 

  • Business

Sellers of dog leashes and mom gear hope court rulings lead to tariff relief

Court rulings against President Trump's tariffs could spell relief for many American importers — if the decisions hold. For now, the uncertainty remains.

May 31, 2025
|
By:
  • Alina Selyukh and
  • Scott Horsley
People walk past the U.S. Court of International Trade, Watson Courthouse, in lower Manhattan on Thursday. In a ruling that surprised many, the trade court ruled Wednesday in an opinion by a three-judge panel that a 1977 law called the International Emergency Economic Powers Act does not grant Trump "unbounded" authority to impose the worldwide and retaliatory tariffs he has issued by executive order. Then, on Thursday, the U.S. Court of Appeals for the Federal Circuit granted the Trump administration's re…

Tagged as: 

  • Law

Federal court keeps Trump tariffs in place — for now

The U.S. Court of Appeals for the Federal Circuit granted the Trump administration's request to temporarily put on hold the New York-based Court of International Trade judgment that struck down President Trump's tariffs.

May 29, 2025
|
By:
  • Danielle Kurtzleben ,
  • Scott Horsley,
  • and 1 more

Tagged as: 

  • Economy

What makes manufacturing jobs special? The answer could help rebuild the middle class

More than half of American workers don't have a college degree. Is manufacturing a ticket for them to the middle class?

May 27, 2025
|
By:
  • Greg Rosalsky
Traders work on the floor of the New York Stock Exchange.

Tagged as: 

  • Business

Why 'Sell America' is trending on Wall Street

Investors are worried about the ongoing trade war — and rethinking the safety and soundness of U.S. government debt.

May 23, 2025
|
By:
  • Maria Aspan
MomoCon was founded in Atlanta in 2005 by a Georgia Tech student, named after the Japanese word for 'peach' and focuses on gaming and Anime.

Tagged as: 

  • News

MomoCon's 20th year promises economic 'splash' for Atlanta

Momocon fans are bringing more than costumes to the conference in Atlanta—they're bringing their wallets. We look at the economic impact.

May 23, 2025
|
By:
  • Peter Biello
The Treasury Department has ordered its last delivery of blank pennies. Once that's exhausted, the federal government will stop minting the one-cent coins, which each cost nearly four cents to produce.

Tagged as: 

  • Business

No more pennies: In big change, Treasury will stop minting them

In a cost-cutting move, the U.S. Treasury will stop minting new pennies. Originally introduced in 1793, the one-cent coins will still be legal tender. There are more than 100 billion pennies in circulation.

May 22, 2025
|
By:
  • Scott Horsley
Target on Wednesday became the latest retailer to lower its financial forecast for the year. It downplayed its plans for tariff-related price hikes.

Tagged as: 

  • Business

Can retailers eat tariffs without price hikes? Walmart, Target, Lowe's face pressure

Major chains are fighting two battles at once: a financial battle to keep costs low in the face of new tariffs, and a political one to avoid the president's wrath.

May 21, 2025
|
By:
  • Alina Selyukh
A U.S. Customs and Border Protection technician examines overseas parcels after they were scanned at the agency's overseas mail inspection facility at Chicago's O'Hare International Airport on Feb. 23, 2024.

Tagged as: 

  • Economy

Trump has imposed a lot of tariffs. But here's why collecting them can be hard

Collecting Trump's tariffs could be tricky. The agencies that screen imports say they're frequently overwhelmed and understaffed, and experts say exporters are becoming cannier at evading taxes.

May 20, 2025
|
By:
  • Emily Feng
Refrigerators are on display at a Home Depot store in Orlando, Fla.

Tagged as: 

  • Business

Home Depot doesn't plan to raise prices due to tariffs. But some items may disappear

The home improvement chain broke from many other retailers, who say they cannot afford to absorb new tariffs. President Trump recently attacked Walmart for warning of price hikes.

May 20, 2025
|
By:
  • Alina Selyukh
President Trump hopes to encourage more U.S. manufacturing with his import taxes on foreign goods. But an online experiment suggests most people aren't willing to pay a premium for a "Made in the USA" product.

Tagged as: 

  • Economy

What a Texas showerhead salesman discovered about 'Made in the USA' labels

A Texas showerhead salesman wanted to know how much more customers would pay to buy a product that's made in the USA. The answer could pour cold water on President Trump's plan to encourage more companies to open factories in the U.S.

May 20, 2025
|
By:
  • Scott Horsley
Ursula von der Leyen, president of the European Commission, left, and Keir Starmer, prime minister of the U.K., greet each other, ahead of their bilateral meeting at the 6th European Political Community summit on May 16 in Albania.

Tagged as: 

  • Europe

5 years since Brexit, Britain and the EU announce fresh ties

With a war in Ukraine and the U.S. rethinking alliances, Britain and the European Union may need each other more than they thought. Here's what happened at Monday's summit — and what didn't.

May 19, 2025
|
By:
  • Lauren Frayer
Shopper pushes a basket into the produce section of a Walmart store in Englewood, Colo.

Tagged as: 

  • Business

Walmart says higher prices from tariffs coming as soon as this month

The world's largest retailer says it won't be able to absorb all the costs from higher tariffs on imported goods, particularly from China. Already in April, shoppers began tightening their budgets as retail spending did not grow much compared to March.

May 15, 2025
|
By:
  • Alina Selyukh
Concrete materials and retired MARTA railcars are placed at Artificial Reef L about 23 nautical miles east of Ossabaw Island on Thursday, Dec. 21, 2023.

Tagged as: 

  • News

Visitors to Georgia's artificial reef contributed $8.2M to coastal economy in 2023, study says

46 artificial reef sites made from materials such as concrete rubble, metal hulled vessels, and even MARTA rail cars, sit in waters off the Georgia coast.

May 15, 2025
|
By:
  • Devon Zwald
William's Fun Smart Toys in Macon.

Tagged as: 

  • News

Macon toy shop owner 'frustrated' over lack of clarity on tariffs

GPB's Peter Biello speaks with a small business owner in Macon about how she's planning for the uncertain future created by tariffs.

May 14, 2025
|
By:
  • Peter Biello
  • Load More

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