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News Articles: Economy

The U.S. dollar had its worst start this year in more than half a century.

Tagged as: 

  • Economy

Why is the dollar off to a weak start this year?

The U.S. dollar had its worst start this year in more than half a century. Harvard University economics professor Kenneth Rogoff says President Trump is accelerating the decline.

July 04, 2025
|
By:
  • Michel Martin and
  • Milton Guevara
6-Acre Solar Farm Will Soon be Constructed in East Georgia

Tagged as: 

  • Economy

Clean energy advocates worry Georgia progress could be in jeopardy from reconciliation bill

Clean energy advocates in Georgia worry about the impacts of "big beautiful bill" cuts on the state’s growing manufacturing sector.

July 03, 2025
|
By:
  • Sarah Kallis
The food assistance program known as SNAP could face significant reductions if President Trump's tax and spending bill passes the House.

Tagged as: 

  • National

An Alabama food bank braces for big increase in demand if SNAP cuts take effect

The food assistance program known as SNAP could face significant reductions if President Trump's tax and spending bill passes the House.

July 03, 2025
|
By:
  • Michel Martin and
  • Julie Depenbrock
U.S. employers added 147,000 jobs in June. Job gains for April and May were revised up by a total of 16,000 jobs.

Tagged as: 

  • Economy

The U.S. labor market remains solid, with employers adding 147,000 jobs last month

U.S. employers added 147,000 jobs in June as the unemployment rate dipped to 4.1%. Job gains were concentrated in health care and state and local government.

July 03, 2025
|
By:
  • Scott Horsley
Waffle House has dropped a temporary surcharge on eggs, as prices return to more normal levels. The chain had added the charge in February as an outbreak of avian flu caused egg prices to soar.

Tagged as: 

  • Economy

Waffle House drops egg surcharge as prices fall back to Earth

Waffle House has dropped its 50 cent surcharge on eggs as supplies rebound. The chain added the temporary charge in February, when avian flu sent egg prices to record highs.

July 02, 2025
|
By:
  • Scott Horsley
The Qcells solar panel plant is seen Friday, June 27, 2025, near Cartersville, Ga. (AP Photo/Mike Stewart)

Tagged as: 

  • Economy

A Georgia town that solidly backed Trump could fall victim to tax bill's green energy cuts

No state may have more to lose than Georgia as Republicans in Congress look to gut federal subsidies that aid both the solar and electric vehicle industries. And few towns have more to lose than Cartersville. Some local Republicans oppose the cuts, but high-ranking Georgia Republicans have been publicly silent.

June 30, 2025
|
By:
  • Associated Press
Canadian Prime Minister Mark Carney holds a closing press conference following the NATO Summit in The Hague, Netherlands on Wednesday, June 25.

Tagged as: 

  • Latin America

Canadian prime minister says U.S. trade talks resume after Canada rescinded tech tax

President Trump said Friday that he was suspending trade talks with Canada over its plans to continue with its tax on technology firms, which he called "a direct and blatant attack on our country."

June 30, 2025
|
By:
  • The Associated Press
Most fireworks sold in the U.S. are made in China, and they now face tariffs of at least 30%. Pictured are the Fourth of July fireworks in New York City in 2022.

Tagged as: 

  • Economy

Looking forward to July 4 fireworks? Tariffs may take the spark out of your fun

Fans of fireworks may face higher prices this Fourth of July. That's because most fireworks are made in China and importers now have to pay tariffs of at least 30%.

June 29, 2025
|
By:
  • Scott Horsley
Claire Landgraf helps a bride try on a dress at her shop Finery Bridal Chic in Rochester, Minn.

Tagged as: 

  • Business

Here comes the bridal gown tariff

How much extra would you pay to see your dream come true? It's always a big question for wedding-planning couples. Now, there's a new twist courtesy of U.S. trade policy.

June 29, 2025
|
By:
  • Alina Selyukh
Trucks loaded with containers move through a port in Shanghai, China Monday, June 9, 2025.

Tagged as: 

  • Economy

Trump says he's terminating trade talks with Canada, 'effective immediately'

The announcement on Canada follows a flurry of updates around trade talks and a suggestion by President Trump that the upcoming July 8 deadline for countries to make deals with the U.S. is moveable.

June 27, 2025
|
By:
  • Danielle Kurtzleben

Tagged as: 

  • Politics

The paperwork trap: A sneaky way to cut Medicaid in the 'One Big Beautiful Bill'?

Republicans want to add work requirements for Americans to get Medicaid. Is that a necessary step to fight "waste, fraud, and abuse" or a sneaky way of cutting the social safety net?

June 26, 2025
|
By:
  • Greg Rosalsky
Jerome Powell testifies before the House Financial Services Committee on Capitol Hill on June 24.

Tagged as: 

  • Business

Fed Chair Jerome Powell says tariff uncertainty warrants caution on rate cuts

Federal Reserve Chair Jerome Powell, under continued attack from President Trump, says the impact of tariffs on inflation should become clearer in the coming months.

June 24, 2025
|
By:
  • Alina Selyukh

Tagged as: 

  • Author Interviews

What separates the ultrarich from the just-plain-rich? The gigayacht.

A new collection of essays by New Yorker writer Evan Osnos, The Haves and Have-Yachts, provides rich research and material for the conversation about extreme wealth in America today.

June 22, 2025
|
By:
  • Frank Langfitt
Federal Reserve Chair Jerome Powell and his colleagues held interest rates steady Wednesday, as they wait to see how President Trump's tariffs will affect inflation.

Tagged as: 

  • Economy

Fed holds interest rates steady, signals rate cuts of 0.5% later this year

The Federal Reserve held interest rates steady Wednesday. Members of the central bank's rate-setting committee also telegraphed their plans for possible rate cuts later this year.

June 18, 2025
|
By:
  • Scott Horsley
An annual update from Social Security says the safety net program's trust fund will run out of cash in eight years. After that, payroll taxes will cover only about 77% of expected benefits.

Tagged as: 

  • Economy

Social Security benefits face big cuts in 2033, unless Congress acts

Trustees of the Social Security trust fund predict the fund will be exhausted in eight years. Unless Congress acts, Social Security payments will automatically drop by 23% at that time.

June 18, 2025
|
By:
  • Scott Horsley
  • Load More

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