Inflation got a little higher in July as prices for rent and gas spiked
Consumer prices rose 3.2% in July from a year ago, up slightly from the 3% annual rise see in June — but still within analyst expectations
Economy
3 scenarios for what could come next when new inflation numbers are released tomorrow
Ahead of tomorrow's new inflation report, our Planet Money teams looks at three different scenarios for what could come next for the US economy.
Klaussner Home Furnishings closure impacts 945 employees in Randolph County
After decades of operation, Klaussner Home Furnishings is shuttering its doors. Klaussner began operation in 1963 and grew to become one of the largest wood products producers in North America.
The case for a soft landing in the economy just got another boost
U.S. employers added 187,000 jobs in July, a slower but still solid pace of growth, suggesting the Federal Reserve may be able to curb inflation without triggering a recession.
Office vacancies are likely on the rise in the Triad
As businesses adjust to remote work trends, the number of office leases signed has taken a big dip in the Research Triangle, and — to a lesser degree — the Piedmont Triad. This new leasing landscape is forcing builders and would-be renters to adjust.
The U.S. added jobs at a solid pace in July, reinforcing hopes about the economy
U.S. employers added 187,000 jobs in July, still marking a steady pace of growth. The unemployment rate edged down to 3.5%.
SECU Foundation awards $800,000 to rural nonprofits
The SECU Foundation is distributing $800,000 in grants to rural nonprofits around the state.
The strong labor market is a big reason for the resilient economy
NPR's Leila Faded talks to former Labor Secretary Robert Reich about the latest economic reports, and how "Bidenomics" coupled with Fed interest rate hikes helped America stave off a recession.
Morning news brief
Ex-President Donald Trump pleads not guilty to four felony counts. The Labor Department will release its monthly jobs report. New charges are expected against an imprisoned Russian opposition leader.
Why people in Argentina are in a race against time to spend their earnings
Imagine half of your savings was gone and your rent was doubling every year. That is what's happening in Argentina as the country battles some of the highest inflation in the world.