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News Articles: Economy

Job seekers attend a job fair in Sunrise, Fl., on June 26, 2024. Employers added only 114,000 jobs last month, well below expectations, raising fears about the economy.

Tagged as: 

  • Economy

Why a weaker jobs market is sparking recession fears

U.S. employers added just 114,000 jobs in July as the unemployment rate rose to 4.3%. The weaker-than-expected report is adding to fears of an economic slowdown.

August 02, 2024
|
By:
  • Scott Horsley
Georgia U.S. Sen. Raphael Warnock speaks during a virtual news conference from Washington, D.C., on Aug. 1, 2024.

Tagged as: 

  • Politics

Warnock to introduce Senate bill calling for 3 million new housing units, increase to estate tax

A previous version of the bill stalled in a congressional subcommittee.

August 02, 2024
|
By:
  • Benjamin Payne
KD Deshmukh says he recently celebrated his spouse's birthday with a salmon dinner at home. He also buys in bulk, clips coupons and has switched to more store brands to save money at the grocery store.

Tagged as: 

  • Business

Inflation math is changing America's dinner plans

For the first time in years, people are buying more groceries, including pricier brands, to replace restaurant outings. From McDonald's to Starbucks, fast food and cafes are feeling it.

August 02, 2024
|
By:
  • Alina Selyukh
Nation's Top Golfing Facility Soon to Open in Alpharetta, GA

Tagged as: 

  • Economy

Georgia Trend Talks: Teeing up economic growth through golf

The golf industry is thriving in Georgia. As the state hosts a variety of prestigious tournaments, including the world-renowned Masters at Augusta National Golf Club, golf is more than just a pastime — it's a significant economic driver. Writer Mary Anne Duncan recently wrote an in-depth piece for Georgia Trend magazine about all of the different ways golf affects Georgia's economy.

From the historical roots of the sport in Savannah to the manufacturing of essential golfing equipment, Georgia plays a crucial role in the global golf industry. Duncan spoke with GPB's Pamela Kirkland about the ways Georgia is "Rolling in the Green."

August 02, 2024
|
By:
  • Pamela Kirkland
The Federal Reserve held interest rates steady Wednesday but signaled that rate cuts could come soon if inflation continues to moderate.

Tagged as: 

  • Business

The Federal Reserve is getting closer to cutting interest rates

The Fed kept interest rates unchanged at the highest in more than two decades. Investors are betting it will start to lower rates at its next meeting in September.

August 01, 2024
|
By:
  • Scott Horsley
Hilario Becerra was one of the leaders of a union organizing campaign at a painting company in Chicago. Amid fierce anti-union messaging from management delivered through many hours of meetings, workers voted 14 to 8 against unionizing in June.

Tagged as: 

  • Business

Illinois bans companies from forcing workers to listen to their anti-union talk

Illinois is the 8th state to adopt a law making it illegal for employers to hold mandatory religious, political or anti-union meetings, a move aimed at helping workers trying to unionize.

July 31, 2024
|
By:
  • Andrea Hsu
In this photo illustration, boxes of the diabetes drug Ozempic rest on a pharmacy counter on April 17, 2023, in Los Angeles. Ozempic was originally approved by the Food and Drug Administration to treat people with Type 2 diabetes, and it's now also used by many people to lose weight.

Tagged as: 

  • Economy

Ozempic's biggest side effect: Turning Denmark into a 'pharmastate'?

Novo Nordisk is powering Denmark's economy with huge sales of Ozempic. But could its stratospheric growth pose a risk?

July 30, 2024
|
By:
  • Sofia Shchukina
A customer pays for their food at a Chipotle Mexican Grill restaurant in Austin, Texas. Chipotle says its portion sizes have not shrunk, despite complaints shared on social media.

Tagged as: 

  • Business

Chipotle is 're-emphasizing generous portions' after social-media complaints

Chipotle's CEO tells investors that the chain had not shrunk its portions despite accusations on Tiktok and Reddit. Brian Niccol has tried to bat down those complaints for weeks.

July 25, 2024
|
By:
  • Alina Selyukh
Annalise and Ellie Currence stand at the fridge deciding on dinner at their home in Belton, Mo., on July 17.

Tagged as: 

  • Economy

Sticker shock: How the supermarket has become a potent symbol of inflation in America

Grocery prices are stabilizing, but many Americans still feel a financial sting at the grocery checkout aisle.

July 25, 2024
|
By:
  • Scott Horsley
A protester participates in a “wage strike" demonstration on May 26, 2021, in Washington, D.C.

Tagged as: 

  • Business

It has now been 15 years since the federal minimum wage rose to $7.25

Fifteen years ago this Wednesday, the federal minimum wage went up from $6.55 per hour to $7.25. It hasn't budged since.

July 24, 2024
|
By:
  • Joe Hernandez
Sen. JD Vance, R-Ohio, the Republican vice presidential candidate, speaks at a rally in Grand Rapids, Mich., on Saturday.

Tagged as: 

  • Economy

The economic mind of JD Vance

The Republican vice presidential candidate represents a sharp break from the Republicanism of yesteryear.

July 23, 2024
|
By:
  • Greg Rosalsky
Boxes of cereal are displayed on a shelf at a Target store in July 2022 in San Rafael, Calif. Manufacturers are using "shrinkflation" techniques as costs to produce goods increase. Some are making the packaging smaller but charging the same prices as they were prior to the reduction in size.

Tagged as: 

  • Economy

How to fight shrinkflation? Pay attention to unit prices at grocery stores

Companies have waged a quiet revolution in package sizing that they use to squeeze more money out of us. But there’s a weapon to help consumers level the playing field: unit prices.

July 09, 2024
|
By:
  • Greg Rosalsky
pinning ceremony

Tagged as: 

  • Health

Macon celebrates new class of firefighters amid efforts to beat shortage

Firefighters do more than just put out fires -- they also respond to 9-1-1 calls when police can’t make it. But nationwide, employing firefighters has been a challenge while calls for service have gone up.

July 04, 2024
|
By:
  • Sofi Gratas
America is experiencing a sustained startup boom.

Tagged as: 

  • Economy

America's startup boom is still going strong. Here's what it means for the economy

Four years ago, Americans began creating new businesses at a record rate. The boom is still here, and it could be a great sign for the U.S. economy.

July 02, 2024
|
By:
  • Greg Rosalsky
Kids at the Boys and Girls Club on Anthony Road in Macon get their second helpings of fresh fruit and vegetables through the Happy Helpings summer food program recently.

Tagged as: 

  • Economy

Hungry Georgia kids now have another way to find meals this summer

A program of the US Department of Agriculture aimed at stemming child hunger during the summer school break has officially begun in Georgia.

June 26, 2024
|
By:
  • Grant Blankenship
  • Load More

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