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News Articles: Economy

Marine Corps veteran Ed O'Connor is seen outside his home in Fredericksburg, Va. He is among tens of thousands of veterans who took a COVID forbearance on a VA home loan. But the VA's program ended abruptly in October of 2022 and many veterans were asked to either pay all the missed payments or face foreclosure.

Tagged as: 

  • Investigations

Veterans fear the VA's new foreclosure rescue plan won't help them

A pause in foreclosures after an NPR investigation may be of no help to many vets. They were already pushed into costly loan modifications after a move by the VA stranded them in a tough spot.

December 01, 2023
|
By:
  • Chris Arnold and
  • Quil Lawrence
GPB  NPR

Tagged as: 

  • National

As seniors struggle with housing costs, a study warns it will get worse as U.S. ages

A record number of seniors struggle with housing costs. Harvard's Joint Center for Housing Studies says it's going to get worse as the baby boomer generation starts to turn 80 in a few years.

November 30, 2023
|
By:
  • Steve Inskeep and
  • Jennifer Ludden
Guadalupe Zarate harvests trees for Kitchen's Orchard in Hedgesville, West Virginia. He can pick a bushel, more than forty apples, per minute.

Tagged as: 

  • National

Millions of U.S. apples were almost left to rot. Now, they'll go to hungry families

Many growers across the country have been left without a market due to oversupplied apple processors. West Virginia rescued its surplus, with a plan that donates apples to hunger-fighting charities.

November 27, 2023
|
By:
  • Alan Jinich
A shopper pushes two carts during last year's Black Friday sale at a Best Buy store in Overland Park, Kan.

Tagged as: 

  • Business

Roll your eyes, but Black Friday's still got it. So here's what to look for

Americans say Black Friday is overhyped, but nearly 1 in 5 still plan to do most of their shopping then. This holiday season is expected to break shopping records.

November 23, 2023
|
By:
  • Alina Selyukh
A customer in Chicago looks for turkeys offered for sale on Nov. 20, 2023, ahead of the Thanksgiving holiday. Turkey prices have fallen — but the cost of many groceries are still higher.

Tagged as: 

  • Economy

Here's what will cost you more — and less — for the big Thanksgiving feast

The cost of a traditional Thanksgiving feast is slightly lower this year than last, thanks in large part to falling turkey prices. Overall grocery inflation has eased significantly in the last year.

November 22, 2023
|
By:
  • Scott Horsley
People shop ahead of Black Friday at a Walmart Supercenter on Tuesday in Burbank, Calif.

Tagged as: 

  • Business

Skip the shopping frenzy with these 4 Black Friday alternatives

From hiking local trails to studying black holes, some Americans are finding creative ways to mark the country's busiest shopping day without spending a dime.

November 20, 2023
|
By:
  • Emily Olson
At left, the old Macon Health Club at Cherry and First streets downtown.

Tagged as: 

  • Economy

How a new hotel, apartments, a restaurant and a health club may be coming to downtown Macon

A land swap in Macon-Bibb County means a long-dormant, historic health club in the heart of downtown will see new life.

November 17, 2023
|
By:
  • Laura Corley
Goran Larsson, a cargo ship inspector, poses next to the Transport Workers' Union flag at the Malmo port on Nov. 7. Dockworkers are refusing to load or unload Teslas at this port and all others across the country.

Tagged as: 

  • Business

Swedish dockworkers are refusing to unload Teslas at ports in broad boycott move

Thousands of Swedish workers are rallying behind 120 Tesla mechanics. The workers are boycotting Teslas until the company signs a contract. Even postal workers may stop delivering mail.

November 17, 2023
|
By:
  • Danielle Kaye
Army veteran Raymond Queen stands with his wife Rebecca Queen outside their home in Bartlesville, Okla.

Tagged as: 

  • Investigations

Senators to VA: Stop needless foreclosures on thousands of veterans

The move follows an NPR investigation that finds thousands of veterans are facing foreclosure through no fault of their own and that the VA can stop them from losing their homes.

November 16, 2023
|
By:
  • Chris Arnold and
  • Quil Lawrence
Hyundai's Metaplant electric vehicle factory and paint shop in Bryan County under construction in October.

Tagged as: 

  • Economy

Savannah workforce study predicts industrial labor shortage by 2025

To fill the 1,454 regional vacancies expected by 2025, the study recommends training and recruitment programs for high school graduates: 84% of new hires currently have no more than a high school diploma.

November 15, 2023
|
By:
  • Benjamin Payne
GPB  NPR

Tagged as: 

  • Economy

Biden and Xi Jinping have a lot to discuss at their first in-person meeting this week

President Biden is to hold his first in-person meeting with China's leader, Xi Jinping, in California on Wednesday. The two leaders have a lot to discuss when they sit down.

November 15, 2023
|
By:
  • John Ruwitch
GPB  NPR

Tagged as: 

  • Politics

Congressional spending bill will avoid a government shutdown — for now

Congress is moving forward with a spending bill approach that could lead to rolling shutdown deadlines next year.

November 14, 2023
|
By:
  • Eric McDaniel
The unemployment rate jumped in October, but layoffs are still rare.

Tagged as: 

  • Economy

The 'R' word: Why this time might be an exception to a key recession rule

The author of the 'Sahm Rule' is less worried about rising unemployment this time, even though October's rate was up 0.5% from a recent low...a jump typically associated with the onset of recession.

November 14, 2023
|
By:
  • Scott Horsley
The average price of regular gas has fallen more than 40 cents from a year ago.

Tagged as: 

  • Economy

As gasoline prices fall, U.S. inflation cools to 3.2%

Consumer prices last month were 3.2% higher than the month before — a smaller annual increase than the previous month. A sharp drop in gas prices in October helped to offset rising rents.

November 14, 2023
|
By:
  • Scott Horsley
GPB  NPR

Tagged as: 

  • Business

The Labor Department released its report card on October inflation

Inflation is coming down. The latest cost-of-living report showed lower annual inflation in October than the month before. Falling gasoline prices get much of the credit for that.

November 14, 2023
|
By:
  • A Martínez and
  • Scott Horsley
  • Load More

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