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News Articles: Economy

Tagged as: 

  • News

State tax revenues down in December

Georgia tax collections declined by 5% last month, down $159.1 million from the $3.21 billion in taxes the state Department of Revenue brought in during December 2022.

January 09, 2024
|
By:
  • Dave Williams
RIP Earnest Jackson

Tagged as: 

  • Obituaries

Farewell to Earnest Jackson, the iconic voice behind Planet Money's 'Inflation' song

The singer and songwriter behind Planet Money's "Inflation" song has passed away.

January 09, 2024
|
By:
  • Greg Rosalsky
The U.S. Mint has released the 2024 Harriet Tubman Silver Dollar as part of the Harriet Tubman Commemorative Coin Program. The coins include $5 gold coins, $1 silver coins and half-dollar coins honoring the bicentennial of her birth.

Tagged as: 

  • History

The U.S. Mint releases new commemorative coins honoring Harriet Tubman

The designs featured on the coins honor Tubman's life and her work as an abolitionist and social activist. The coins include $5 gold coins, $1 silver coins and half-dollar coins.

January 05, 2024
|
By:
  • Jonathan Franklin
The U.S. job market held up well in 2023, despite rising interest rates. Employers added 2.7 million jobs last year and unemployment remained under 4% throughout the year.

Tagged as: 

  • Economy

U.S. unemployment has been under 4% for the longest streak since the Vietnam War

U.S. employers added 216,000 jobs in December, as the unemployment rate held steady at 3.7%. The labor market proved resilient in 2023, despite rising interest rates.

January 05, 2024
|
By:
  • Scott Horsley
Clockwise, from top left: former N.J. Gov. Chris Christie, Florida Gov. Ron DeSantis, Vivek Ramaswamy, former U.N. Ambassador Nikki Haley and former President Donald Trump.

Tagged as: 

  • Elections

Where the Republican presidential candidates stand on the economy

GOP presidential hopefuls know that the economy is an important issue — if not the top issue — for voters. That means it's a big talker on the campaign trail and a focus area for winning votes.

January 04, 2024
|
By:
  • Asma Khalid and
  • Jeongyoon Han
Savannah's Telfair Academy, the oldest public art museum in the South, is among the cultural institutions participating in 2023's Super Museum Sunday.

Tagged as: 

  • Economy

Study finds Savannah's nonprofit arts and culture industry dollars exceed national averages

Savannah surpassed averages and medians among areas of similar size.

January 04, 2024
|
By:
  • Benjamin Payne
Massachusetts Gov. Maura Healey signed a tax relief package on Oct. 4. Among other things, it expanded a child and family tax credit.

Tagged as: 

  • National

To tackle poverty, more states will offer bigger child tax credits in 2024

The new benefits take a cue from a pandemic success story — when an expanded U.S. child tax credit briefly cut child poverty in half. Some states include immigrants and index credits to inflation.

January 01, 2024
|
By:
  • Jennifer Ludden
An appliance market in Xi'an, China, where Jiang has a construction equipment rental company. He says economic conditions are worse now than during the pandemic, when he started the appliance business, and he isn't selling as much as he used to.

Tagged as: 

  • World

A year after China ended its harsh COVID policies, it's struggling to rebound

A year ago, China lifted its draconian COVID restrictions. Many expected the country to bounce back quickly. That hasn't happened.

December 31, 2023
|
By:
  • John Ruwitch
Kelsey, Kristen and Kaylen Kassab of The K3 Sisters Band in front of the Barbie Theater at World of Barbie at Stonebriar Centre Mall on in Frisco, Texas.

Tagged as: 

  • Economy

From Swiftie beads to Barbie and Beyoncé, girls ran the world economy in 2023

Girl spending was one of the most powerful economic forces in 2023. Taylor Swift and Beyoncé concerts boosted local and national economies. World leaders begged Taylor Swift to come and perform.

December 29, 2023
|
By:
  • Pallavi Gogoi
GPB  NPR

Tagged as: 

  • Economy

Why corporate bankruptcies were up in 2023 despite the improving economy

Hundreds of debt-saddled companies filed for bankruptcy this year, as the era of easy money caught up to corporations. High interest rates mean banks aren't extending lifelines.

December 28, 2023
|
By:
  • Bobby Allyn
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
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
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
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
Photo by augusta.chronicle.com

Tagged as: 

  • News

State unemployment rate at 3.4% for third straight month

Georgia’s unemployment rate held steady at 3.4% in November for the third month in a row.

December 22, 2023
|
By:
  • Dave Williams
  • Load More

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