Economy

After being laid off from Meta, Huy Tu has just 90 days to find a new job. If they don't have something lined up by Feb. 6, Tu faces having to leave the country.

This AI expert has 90 days to find a job — or leave the U.S.

4:39pm January 16, 2023

by Stacey Vanek Smith

Layoffs across the tech sector often leave immigrant workers with a narrow window to either find a new job or leave the country. This is the story of an AI specialist who was laid off from Instagram.

Pundits are suggesting creative workarounds to avoid a debt ceiling crisis

10:25am January 15, 2023

Pundits are suggesting creative workarounds to avoid brinksmanship from House Republicans on the debt ceiling.

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Economy

Improved U.S. unemployment rate doesn't reflect troubling trend for Black women

5:28pm January 14, 2023

NPR's Michel Martin speaks with economist Michelle Holder about how the unemployment rate for Black women is rising, despite an overall decline.

U.S. Treasury Secretary Janet Yellen listens to President Biden discuss the federal debt limit on Oct. 6, 2021, in Washington, D.C.

The U.S. could hit its debt ceiling within days. Here's what you need to know.

1:02pm January 14, 2023

The U.S. is expected to hit its debt ceiling Thursday, forcing the Treasury to take "extraordinary measures" to pay off its bills. A political stalemate could lead to an unprecedented federal default.

Close to hitting the debt ceiling, the government must win over House Republicans

8:06am January 14, 2023

Treasury Secretary Janet Yellen wants Congress to raise the federal debt limit fast to avoid a default. House Republicans say they'll use the negotiations to win concessions on government spending.

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Economy

The latest federal budget aims to end problematic tax breaks

8:04am January 14, 2023

by Scott Simon

NPR's Scott Simon speaks with ProPublica's Peter Elkind about a provision in the latest federal budget intended to end "syndicated conservation easements," a problematic tax break.

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College students look for an apartment in Berkeley, Calif. Rental application fees are a barrier to many in a tight housing market. California is the latest in a string of states and cities passing laws to try and limit them.

Rental application fees add up fast in a tight market. But limiting them is tough

9:12pm January 13, 2023

by Jennifer Ludden

California is the latest in a string of states and cities to try and save renters money on repeated application fees. But legal aid attorneys say the laws are proving difficult to enforce.

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Tesla's Model Y is on display at a Tesla showroom in a shopping mall in Beijing on April 29, 2022. The electric car maker cut prices for its models in a bid to boost sales.

Economy

Tesla slashes prices across all its models in a bid to boost sales

2:28pm January 13, 2023

by Camila Domonoske

The price cuts will make Tesla more competitive and will also mean the base model of the Model Y, the best-selling electric vehicle in America, could qualify for a revamped federal tax credit.

Lottery jackpots are soaring past the billion-dollar mark more frequently, thanks to higher interest rates and several rules changes. Here, a ticket machine displays the projected jackpot for a Mega Millions drawing in Chicago, in early January.

Huge jackpots are less rare — and 4 other things to know about the lottery

10:51am January 13, 2023

by Bill Chappell

What would you do with a $1 billion payday? If you're hearing that question more these days, it's because huge jackpots like the Mega Millions aren't as rare as they once were.

Economy

Prices seem to be easing. Is it enough for the Fed to stop raising interest rates?

5:14am January 13, 2023

NPR's Michel Martin speaks with Treasury Secretary Janel Yellen about the latest inflation data and the state of the U.S. economy.