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News Articles: Economy

The waters of the Ha' Kamwe' hot springs are healing and sacred, says Ivan Bender, the caretaker of the Cholla Canyon Ranch, which belongs to the Hualapai Tribe. Less than a hundred yards away, an Australian mining company called Arizona Lithium has been exploring for lithium.

Tagged as: 

  • Climate

The U.S. needs minerals for green tech. Will Western mines have enough water?

As the U.S. plans new mines for copper, lithium and other metals to use in green technologies, mining projects in the West could threaten scarce water supplies.

September 26, 2023
|
By:
  • Julia Simon
Customers at SolDias ice cream shops in Texas are encouraged to pay with cash instead of credit cards. Owner Victor Garcia is backing a legislative effort that aims to lower credit card processing fees through increased competition.

Tagged as: 

  • Economy

Why many business owners would love it if you stopped using your credit card

The fees merchants pay for accepting credit cards are much higher in the U.S. than in Europe. Ice cream shop owner Victor Garcia, for example, paid more than $25,000 in swipe fees last year.

September 26, 2023
|
By:
  • Scott Horsley
US-British economist Angus Deaton speaks at a press conference after winning the Nobel Prize for Economics at Princeton University in Princeton, New Jersey, on October 12, 2015.

Tagged as: 

  • Economy

A Nobel prize-winning immigrant's view on American inequality

In a new book, Nobel Prize-winning economist Angus Deaton offers a scathing critique of American politics and economic policy.

September 26, 2023
|
By:
  • Greg Rosalsky
Autoworkers at Mercedes plant in Vance, Ala., assemble an all-electric SUV.

Tagged as: 

  • Business

Here's one potential winner from the UAW strike: Non-union auto workers in the South

If the UAW strike leads to a win for the union, southern auto workers believe that will lead to a pay up at plants like Nissan and Mercedes.

September 25, 2023
|
By:
  • Stephan Bisaha
Fed Chair Jerome Powell speaks during a news conference at the Federal Reserve in Washington, D.C., on July 26, 2023.

Tagged as: 

  • Economy

The Federal Reserve holds interest rates steady but hints at more action this year

The Federal Reserve left interest rates unchanged Wednesday, despite stubborn inflation, although it left the door open to an additional rate hike in November or December.

September 20, 2023
|
By:
  • Scott Horsley
People rally to end fossil fuels in New York Sunday ahead of the 78th United Nations General Assembly and Climate Ambition Summit.

Tagged as: 

  • Politics

Young people think climate change is a top issue but when they vote, it's complicated

Climate change is a major issue for young voters, but so far, it has not been a major mobilizing force in U.S. elections. Some environmental action groups see that changing.

September 18, 2023
|
By:
  • Ximena Bustillo
GPB  NPR

Tagged as: 

  • Economy

An economist explains what the data says about how the U.S. economy is doing

NPR's Ayesha Rascoe talks with economist Betsey Stevenson about Bidenomics and the latest economic data.

September 17, 2023
|
By:
  • Ayesha Rascoe
United Auto Workers members attend a solidarity rally in Detroit at the start of the union's strike against Ford, General Motors and Stellantis on Sept. 15. The union is striking against all three automakers at once for the first time ever, but only at targeted plants for now, making it even harder to assess what the strike's economic effects will be.

Tagged as: 

  • Economy

How the UAW strike could have ripple effects across the economy

There are several ways the unprecedented United Auto Workers strike could hit the economy, but it will depend on how long the strike lasts and how many plants are affected, among other factors.

September 16, 2023
|
By:
  • Scott Horsley
UAW President Shawn Fain makes an appearance with striking workers at the Ford Assembly Plant in Wayne, Mich. on Sept. 15, 2023. The UAW started a strike at three plants of the Big Three in the Midwest. It's the first time the union is striking against the top three Detroit automakers at once.

Tagged as: 

  • Business

The UAW launches a historic strike against all Big 3 automakers

For the first time ever, the UAW launched a strike against all Big 3 automakers at once, starting with three locations in the Midwest.

September 15, 2023
|
By:
  • Danielle Kaye
After a long lull since 2021, companies from Birkenstock to Instacart are pursuing IPOs. First up is Arm Holdings, a designer of chips, which is making its market debut on Thursday.

Tagged as: 

  • Business

What a crop of upcoming IPOs from Birkenstock to Instacart tells us about the economy

A crop of IPOs are coming, starting with chip designer Arm, which is making its debut on Thursday. It's another sign of confidence in markets — and the U.S. economy.

September 15, 2023
|
By:
  • David Gura
Georgia Commissioner of Labor Bruce Thompson

Tagged as: 

  • News

Georgia sees slight uptick in unemployment

Georgia’s unemployment rate rose slightly last month to 3.3%, up one-tenth of a point from the revised jobless rate of 3.2% the state posted in July, the Georgia Department of Labor reported Thursday.

September 14, 2023
|
By:
  • Dave Williams
President Biden tours a shipyard in Philadelphia with two union members on July 20 before giving remarks about unions and clean energy jobs.

Tagged as: 

  • Elections

Biden loves to talk about unions. But the autoworkers are withholding their affection

Most of the country's big unions have already endorsed President Biden for reelection. But not the United Auto Workers. A looming strike draws attention to this tension.

September 13, 2023
|
By:
  • Tamara Keith
A car accident is cleared at an intersection without power in Charlotte, N.C., on Dec. 24, 2022. Auto insurance costs are soaring — well outpacing overall inflation.

Tagged as: 

  • Economy

4 reasons why your car insurance premium is soaring

The cost of car insurance has jumped more than 19% in the last year, far outpacing overall inflation. There are several reasons why that's happening.

September 13, 2023
|
By:
  • Scott Horsley
GPB  NPR

Tagged as: 

  • Economy

Economists challenge maxim: For inflation to go down, unemployment needs to go up

An economic rule of thumb has been that lowering the inflation rate leads to higher unemployment. But that has been weakening lately. (This story first aired on Morning Edition on September 6, 2023.)

September 09, 2023
|
By:
  • Willa Rubin
Actor Michelle Allaire owns the S&W Country Diner in Culver City.

Tagged as: 

  • Movies

From snow globes to tutoring, strikes kick Hollywood side hustles into high gear

One comedy writer opened a snow globe business on Etsy. A showrunner's assistant is offering bar and bat mitzvah tutoring. As the strikes wear on, here's how Hollywood workers are getting by.

September 07, 2023
|
By:
  • Mandalit del Barco
  • Load More

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