Economy

Naum Lantsman in his Los Angeles home. He fell victim to a cryptocurrency scam and ended up losing his entire life savings.

Economy

He lost $340,000 to a crypto scam. Such cases are on the rise

6:01am June 25, 2023

by Bobby Allyn

He thought he was investing in cryptocurrency. In fact, he was being swindled out of his life savings. There has been a 900% increase in such cases since the pandemic began, federal regulators say.

Economy

Yellen is attending talks in Paris on debt relief for low-income nations

6:51am June 23, 2023

NPR's A Martínez talks to Treasury Secretary Janet Yellen who says she wants the World Bank to help — especially help for those countries dealing with climate change disasters.

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How one H-1B visa recipient navigated layoffs in big tech

4:18pm June 22, 2023

by Amanda Aronczyk

When Nilanjan was laid off from his job in tech, his H-1B visa meant he had to find new work in 60 days, or risk having to leave the United States.

Economy

Boom Supersonic announces new milestones at Paris Air Show

2:52pm June 22, 2023

by David Ford

Boom Supersonic is on track to complete its Overture Superfactory at Piedmont Triad International Airport by next summer.

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Federal Reserve latest: Powell testifies and governing board nominees are reviewed

4:38pm June 21, 2023

by Scott Horsley

Federal Reserve chairman Jerome Powell testified before a House committee Wednesday. Meanwhile, a Senate panel reviewed several nominations to the Fed's board of governors, including the first Latina.

Economy

Evictions are increasing dramatically since the lifting of pandemic-era protections

5:14am June 21, 2023

NPR's A Martinez talks to research specialist Danny Grubbs-Donovan of Princeton University's Eviction Lab about soaring eviction rates after COVID protections were lifted.

The reason for Sweden's higher inflation in May? Some experts point to Beyoncé

5:07pm June 19, 2023

When Beyoncé kicked off her world tour in Sweden last month, fans from all over the world flocked to Stockholm for the two sold out shows.

Economy

Missing your credit card payment is getting a lot more expensive

9:37am June 18, 2023

by Ayesha Rascoe

Americans hold almost a trillion dollars in credit card debt. NPR's Ayesha Rascoe speaks with Ted Rossman, a senior analyst for Bankrate, about how interest rates could make missed payments pricier.

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Economy

The Federal Reserve finally hits pause on raising interest rates

9:21am June 17, 2023

Why the Federal Reserve is pressing pause - for now - on interest rate hikes, and what might be in store for the economy next.

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Chicago Fed President shares his outlook on inflation and rising interest

4:40pm June 16, 2023

NPR's Ari Shapiro speaks with Austan Goolsbee, president of the Federal Reserve of Chicago, about the pause in interest rates and his economic outlook.