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News Articles: Economy

Dan Digre, CEO of MISCO, on the factory floor in St. Paul, Minn. on May 18, 2023.

Tagged as: 

  • Politics

Biden kept Trump's tariffs on Chinese imports. This is who pays the price

Dan Digre makes loudspeakers in Minnesota. But he's importing more of them from China than he used to, thanks to unintended consequences from Trump-era tariffs that President Biden has kept in place.

June 27, 2023
|
By:
  • Asma Khalid
March 1944: A cloud of ash hangs over Vesuvius during its worst eruption in more than 70 years. In the foreground is the city of Naples. The nearby towns of Massa and San Sebastiano were destroyed by the flow of lava. (Photo by Keystone/Getty Images)

Tagged as: 

  • Environment

The Second Biggest Disaster at Mount Vesuvius

Like an increasing number of national parks in the United States, Mount Vesuvius has begun rationing access with a quota system. The system has had some problems.

June 27, 2023
|
By:
  • Greg Rosalsky

Tagged as: 

  • Economy

Georgia unemployment rate posts slight increase in May

Georgia’s unemployment rate rose slightly last month to 3.2% after holding steady at 3.1% for the previous nine months, the state Department of Labor reported Thursday.

June 16, 2023
|
By:
  • Dave Williams

Tagged as: 

  • Your Money

Has inflation changed how you shop and spend? We want to hear from you

NPR wants to know whether rising prices have led you to shop differently for groceries, travel or entertainment; use "buy now pay later" services; or dip into savings to cover your debts.

June 15, 2023
|
By:
  • GPB Newsroom
The dollar is not just the currency used in the U.S., it is very much the world's currency. It's been that way for 80 years – but that could change.

Tagged as: 

  • Economy

The U.S. dollar conquered the world. Is it at risk of losing its top spot?

The dollar has helped make the U.S. the most economically powerful country for most of the last century, but other countries — including rivals like China — have the greenback on their sights.

June 15, 2023
|
By:
  • Stacey Vanek Smith
Federal Reserve Board Chairman Jerome Powell and his colleagues opted to pause interest rate hikes at their meeting Wednesday.

Tagged as: 

  • Economy

Taking a breather: Fed holds interest rates steady in patient battle against inflation

After 10 straight rate hikes, the Federal Reserve left interest rates unchanged Wednesday, but hinted that additional rate hikes are possible if inflation remains stubbornly high.

June 14, 2023
|
By:
  • Scott Horsley
Patricia Moran watches as children play at her child care facility in San Jose, Calif.

Tagged as: 

  • Children's Health

Georgia’s child care workers are among the lowest paid in the nation

While the cost of care burdens American families like in no other wealthy country, caregivers here are paid worse than 98% of professions, leading to chronic workforce shortages and high turnover. That's according to an annual report from the Annie E. Casey Foundation published this week..    

June 14, 2023
|
By:
  • Ellen Eldridge
Inflation fell in May to 4%, down from 4.9 percent in April. Some prices, though, continue to rise (Photo by Joe Raedle/Getty Images)

Tagged as: 

  • Economy

Cheaper eggs and gas lead inflation lower in May, but higher prices pop up elsewhere

Inflation cooled slightly in May, thanks in part to falling gas and egg prices. But the overall cost of living is still climbing faster than the Federal Reserve would like.

June 13, 2023
|
By:
  • Scott Horsley

Tagged as: 

  • Your Money

What personal financial stress can do to the economy

Financial stress. It feels personal, but it has big implications for the economy.

June 13, 2023
|
By:
  • Paddy Hirsch
Erica Payne, founder of Patriotic Millionaires, offers a crash course on economic inequality to residents of Whiteville, N.C. The group wants working-class voters to lobby Congress on raising the minimum wage and taxing the rich.

Tagged as: 

  • National

These millionaires want to tax the rich, and they're lobbying working-class voters

A group called Patriotic Millionaires has failed to get Congress to raise their taxes or boost the minimum wage. Now they're taking their concerns about inequality to swing-state voters.

June 13, 2023
|
By:
  • Jennifer Ludden
GPB  NPR

Tagged as: 

  • Economy

The debt ceiling deal that was passed last week poses new challenges for the economy

NPR's Scott Simon speaks to economist Betsey Stevenson of the University of Michigan about the challenges facing the economy following last week's debt ceiling deal.

June 10, 2023
|
By:
  • Scott Simon
Customers arrive for the dinner service at Wool Growers, a 67-year-old Basque restaurant in House Speaker Kevin McCarthy's district. The Republican leader is facing opposition from within his own party, but back home, some constituents are praising his performance under tough circumstances.

Tagged as: 

  • Politics

Kevin McCarthy survived his first political battle. This is how his hometown reacted

The debt ceiling debate ultimately ended with a deal between congressional Republicans and the White House. In Bakersfield, Calif., Speaker Kevin McCarthy's constituents watched the debate unfold.

June 09, 2023
|
By:
  • Joshua Yeager
Eggs are on display at a Sprouts grocery store on April 12 in San Rafael, Calif.

Tagged as: 

  • Business

Sky-high egg prices are finally coming back down to earth

The industry is recovering from a massive bird flu outbreak and high inflation rates, but prices may not fall to what they once were.

June 06, 2023
|
By:
  • Joe Hernandez

Tagged as: 

  • Animals

Chimp Empire and the economics of chimpanzees

A new Netflix docuseries provides a fascinating picture of humanity's closest living relatives.

June 06, 2023
|
By:
  • Greg Rosalsky
John B. Chambers is the former deputy head of the Sovereign Debt Ratings Group and former chairman of the Sovereign Debt Committee at Standard and Poor's. The ratings agency in 2011 made a major decision to strip away the country's AAA rating.

Tagged as: 

  • Economy

He took away the country's top AAA rating in 2011. He ended up fearing for his life

John B. Chambers led the team at ratings agency S&p that decided to downgrade the country's AAA rating in 2011. It was a big decision, and it took a personal toll — but he has no regrets.

June 05, 2023
|
By:
  • David Gura
  • Load More

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