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News Articles: Economy

Secretary of Labor Lori Chavez-DeRemer arrives before a House Education and Workforce hearing, Thursday, June 5, 2025, on Capitol Hill in Washington.

Tagged as: 

  • Economy

Job Corps students bring a second suit to stop plans to shutter the program

Two suits have now been filed to stop the federal Department of Labor from ending an almost 60-year-old program for job training for low income young people.

June 18, 2025
|
By:
  • Grant Blankenship
The entrance to the Turner Job Corps Center in Albany recently.

Tagged as: 

  • Economy

How cuts to the nation's trade school could put vulnerable young people at risk

Among recent targets for federal spending cuts is a sixty year old Department of Labor program called the Job Corps. NOW thousands are wondering where they'll go next.

June 17, 2025
|
By:
  • Grant Blankenship
Crude oil prices rose sharply as Israel's attack on Iran raised fears of a broader disruption of Middle East oil supplies. Relatively low gasoline prices in the U.S. have helped to keep inflation in check.

Tagged as: 

  • Economy

Oil prices jump and stocks tumble following Israel's attack on Iran

Israel's attack on Iran sparked the biggest jump in crude oil prices since Russia's invasion of Ukraine more than three years ago. Stocks fell sharply.

June 13, 2025
|
By:
  • Scott Horsley
Specialist Glenn Carell works on the floor of the New York Stock Exchange, Tuesday, June 10, 2025.

Tagged as: 

  • Economy

Asian shares slide while oil prices surge after Israel's strike on Iran

Markets in Asia opened lower early Friday while oil prices surged after Israel attacked Iran's capital amid the ramping up tensions over Tehran's rapidly advancing nuclear program.

June 13, 2025
|
By:
  • The Associated Press
Bill Armstrong is among the 62-year-olds who have filed for Social Security retirement benefits in recent months. "I decided I better get in the system before they move that age higher," he says.

Tagged as: 

  • Business

Why there's an unexpected surge in people claiming Social Security

Some early filers say worries about the future under the Trump administration moved up their timelines.

June 12, 2025
|
By:
  • Laurel Wamsley
Gasoline prices fell as the summer driving season got underway. But other energy costs are expected to be higher.

Tagged as: 

  • Economy

Inflation is holding steady as Trump's tariffs have yet to fully hit

Consumer prices in May were up 2.4% from a year ago, but inflation eased on a monthly basis, according to the latest figures from the Labor Department

June 11, 2025
|
By:
  • Scott Horsley
Roomates Emma Farrell and Bethany Beech at their new apartment in the Soaring Heights community of Conyers in January, 2025. The apartment, which is one of several units specifically built for people with intellectual or developmental disabilities, is both of their first homes away from their parents.

Tagged as: 

  • Health

Affordable housing is hard to find. For people with disabilities, solutions can feel like a miracle

A 1999 federal court was supposed to pave the way for Georgians with intellectual and developmental disabilities to live more independently, and outside of hospitals. But years later, people with IDD still face major challenges in finding a place to live. 

June 11, 2025
|
By:
  • Sofi Gratas
In this photo released by Xinhua News Agency, Chinese Vice Premier He Lifeng (right) shakes hands with U.S. Treasury Secretary Scott Bessent before their meeting to discuss China-U.S. trade, in London on Monday.

Tagged as: 

  • World

The U.S. and China have agreed on a framework to resolve their trade disputes

After two days of talks in London, the U.S. and China have agreed in principle on a framework to carry out an agreement they reached on resolving their trade disputes last month, Chinese state media said.

June 11, 2025
|
By:
  • The Associated Press
President Trump speaks at an event in the Rose Garden at the White House in Washington, D.C., on April 2, 2025.

Tagged as: 

  • Business

Wall Street CEOs are cycling through the five stages of tariff grief

As they process President Trump's chaotic tariffs and other economic policies, some of the country's most powerful CEOs are moving from denial and bargaining to public anger and depression.

June 10, 2025
|
By:
  • Maria Aspan
Odd recession indicators

Tagged as: 

  • Business

Is all this talk of recession indicators a sign a recession is coming?

For generations, people have looked for small, informal signs that a recession is coming or already here. This phenomenon recently exploded on social media, often in joke form.

June 10, 2025
|
By:
  • Greg Rosalsky
construction materials on a dirt path in front of a large building with no windows or walls yet

Tagged as: 

  • Sports

U.S. Soccer headquarters in South Atlanta on track for 2026 opening

Construction is well underway for the U.S. Soccer National Training Center in South Atlanta. Project leaders say it's on track for completion before the World Cup.

June 09, 2025
|
By:
  • Amanda Andrews
Cargo traffic at the Port of Oakland has slowed since President Trump imposed worldwide tariffs in April.

Tagged as: 

  • Economy

Trump tariff revenue soars 78%. Who's paying them?

Tariff collections are up sharply in the last 2 months. Congressional forecasters say tariffs could help reduce the federal debt, but they'll also lead to higher inflation and slower economic growth.

June 09, 2025
|
By:
  • Scott Horsley
U.S. Sen. Tim Kaine (D-VA) (L) speaks alongside Senate Minority Leader Charles Schumer (D-NY) at a press conference at the U.S. Capitol on April 02, 2025 in Washington, DC.

Tagged as: 

  • Economy

Sen. Tim Kaine says Trump's tariffs could reduce federal debt, but at what cost?

NPR's Steve Inskeep speaks with Sen. Tim Kaine, D-Va., who is also on the Senate Budget Committee, about how President Trump's tariffs will affect the federal budget and the economy.

June 06, 2025
|
By:
  • Steve Inskeep
Hiring slowed in May, as tariffs and government spending cuts began to weigh on the economy.

Tagged as: 

  • Economy

Hiring slowed in May, as employers added 139,000 jobs

U.S. employers added 139,000 jobs in May — a modest slowdown from the previous month. The unemployment rate held steady at 4.2%, as the workforce shrank.

June 06, 2025
|
By:
  • Scott Horsley
Government price-checkers monitor prices around the country every month to compile the government's cost-of-living index. Staffing shortages have recently forced the Labor Department to scale back that data gathering.

Tagged as: 

  • Economy

Why some economists are worried about U.S. inflation data

The federal government is scaling back data collection used to calculate the inflation rate because of staff shortages. Economists warn that could make for less accurate cost-of-living measures.

June 05, 2025
|
By:
  • Scott Horsley
  • Load More

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