Inflation cooled a bit last month as gas prices fell sharply and the price of new cars declined for the first time in nearly two years. Overall prices are still climbing much faster, however.
Annual inflation continued to ease, cooling to 6.5% in December, but prices are still climbing at a rapid rate, meaning people have to work longer and harder to keep the same standard of living.
Goldman Sachs, one of the most venerable banks on Wall Street, has announced it is laying off as many as 3,200 employees — as the bank tries to navigate a challenging economic environment.
In Massachusetts, dozens of homeless people spend each night in emergency rooms even though they are not sick. The state guarantees a right to shelter, yet these people have nowhere else to go.
More Americans are leaning on their credit cards to cope with rising prices. And as interest rates continue to climb, that debt is getting more and more expensive.
Recent union-won wage increases for grad students at the University of California will help them make ends meet. But for many, it's not enough given the high cost of living in the state.
NPR's A Martinez talks to Daniel Keum, an assistant professor of management at Columbia Business School, about the recent wave of layoffs in the tech industry.