Professors Suggest 'Baby Bonds' Could Fix Widening Inequality In The U.S.
Copyright 2018 NPR. To see more, visit ARI SHAPIRO, HOST: What if every baby born in the United States was a trust fund baby? That's what two economics professors are proposing, that Uncle Sam provide...
View ArticleWal-Mart Says It Will Boost Wages, Give Bonuses With New Savings From Tax Law
Copyright 2018 NPR. To see more, visit ARI SHAPIRO, HOST: On the same day Walmart announced that it's raising its starting salaries and giving out bonuses, there are reports that it will close dozens...
View ArticleHow Trump's Corporate Tax Cut Is Playing Out For Wal-Mart
Copyright 2018 NPR. To see more, visit MICHEL MARTIN, HOST: This week, Walmart joined a chorus of companies who say the big corporate tax cut is motivating them to raise wages, pay bonuses and make...
View ArticleBlackRock CEO Says Companies Need To Do More Than Deliver Profits
Copyright 2018 NPR. To see more, visit ARI SHAPIRO, HOST: A lot of CEOs at big corporations received a letter today. It was from Larry Fink, the chairman and CEO of BlackRock, the world's largest...
View ArticleWith Focus On Unemployment, Yellen Led Fed Through Tough Balancing Act
Janet Yellen chaired her final Federal Reserve policymaking meeting Wednesday. She and her Fed colleagues held interest rates steady and officially elected Jerome Powell to succeed her as chair. As...
View ArticleAfter Hitting Record Low In December, African-American Unemployment Rate Rises
Copyright 2018 NPR. To see more, visit ARI SHAPIRO, HOST: And now to the economy, stocks took a sharp dive on Wall Street today. We'll hear about that in a few minutes. Despite that market drop, there...
View ArticleStock Market Continues Swing Downward
Copyright 2018 NPR. To see more, visit DAVID GREENE, HOST: Well, after a strong start, U.S. stocks seem to be back on a rollercoaster this morning. This follows a dramatic drop in the markets on...
View ArticleTrump Plan To Impose Tariffs On Steel, Aluminum Raises Trade War Fears
Updated at 5:14 p.m. ET President Trump promised steel and aluminum executives Thursday that he will levy tariffs on imports of their products in coming weeks. He said the imported steel will face...
View ArticleFed Raises Interest Rates Again As New Chairman Steps Into Spotlight
Updated at 2:59 p.m. ET The Federal Reserve announced a quarter-point increase in interest rates as expected Wednesday, the first rate move under its new chairman, Jerome Powell. The key fed funds rate...
View ArticleTrade War Could Damage U.S. Consumers More Than China
Copyright 2018 NPR. To see more, visit AUDIE CORNISH, HOST: Trade tensions are boiling over between the U.S. and China. The U.S. has announced $50 billion in tariffs on Chinese products. The Chinese...
View ArticleU.S. Economy Grew At A Faster Pace Than Earlier Thought
The U.S. economy grew at a 2.9 percent annual rate in the final three months of 2017, the Commerce Department said Wednesday . That's slightly faster than the previous 2.5 percent growth estimate, but...
View ArticleAs Threats Of Additional Tariffs Continue, China Says U.S. Demands Are...
Copyright 2018 NPR. To see more, visit AUDIE CORNISH, HOST: The trade dispute between the U.S. and China has escalated. China issued another list of U.S. exports it plans to hit with tariffs. On that...
View ArticleProtection For The Steel Industry Is As Old As America
President Trump's tariffs on imported steel aren't the first time the industry has gotten protection from the U.S. government. Not by a long shot. In fact, tariff protection for the industry — which...
View ArticleU.S. Economic Growth Slowed To 2.3 Percent
U.S. economic growth slowed in the first three months of the year to a 2.3 percent annual rate, down from 2.9 percent at the end of last year. One reason is that consumers didn't keep up with the...
View ArticleSmall Business Owner Fears U.S.-China Trade War Will Destroy Her Company
Update: On June 15, Lucerne International CEO Mary Buchzeiger said she had been notified that the auto door hinges manufactured by her company had been removed from the Trump administration's list of...
View ArticleFed Raises Interest Rates, Signals 2 More Hikes This Year
Updated at 2:21 p.m. ET The Federal Reserve increased a key interest rate again Wednesday, which will trigger higher rates on credit cards, home equity lines and other kinds of borrowing. Wednesday's...
View ArticleCaught In Tariff War, U.S. Distillers Fear Losing Out On Global Whiskey Boom
U.S. whiskey distillers are fretting over the steep new tariffs they're facing around the world. They're being punished as U.S. trading partners retaliate against the Trump administration's tariffs on...
View ArticleU.S. And Mexico Reach Trade Deal; Trump Wants To Drop NAFTA Name
Updated at 5:40 p.m. ET The United States and Mexico have reached an "understanding" on several critical trade issues following bilateral talks to renegotiate the North American Free Trade Agreement....
View ArticleThe American Dream Is Harder To Find In Some Neighborhoods
Does the neighborhood you grow up in determine how far you move up the economic ladder? A new online data tool being made public Monday finds a strong correlation between where people are raised and...
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