Economy

Economy

Have you invested in crypto on FTX or other platforms? We want to hear from you

3:59pm November 14, 2022

by Chris Arnold

A prominent cryptocurrency trading platform, FTX, has collapsed cutting off investors from their holdings. If you've invested in crypto, NPR wants to hear your story.

Why turkey prices are at record highs for this Thanksgiving Day

7:45am November 14, 2022

by Frank Morris

Thanksgiving is next week and turkey prices are at record highs. There are multiple reasons for that.

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Economy

Could an equation do a better job at setting a target interest rate than the Fed?

4:21pm November 11, 2022

The Federal Reserve meets regularly and sets a target interest rate to keep inflation low and jobs high. But what if an equation could do all the work — and even do a better job?

Economy

Consumer prices in October were 7.7% higher than a year ago

4:37pm November 10, 2022

by Scott Horsley

Consumer prices in October were 7.7% higher than a year ago. That's a slower pace of inflation than in September and it triggered a rally on Wall Street.

People shop for bread at a supermarket in Monterey Park, California on October 19, 2022. Grocery prices were up 12.4% last month from a year earlier, a government report showed.

Economy

Stock market surges after inflation report shows the pain of high prices may ease

4:28pm November 10, 2022

by Scott Horsley

Stocks experienced their biggest rally in two years after a report that inflation is currently running at 7.7%.

HarperCollins employees on a one-day strike earlier this summer. Workers have been in negotiations with the company since December 2021.

Workers at HarperCollins Publishers begin strike

3:47pm November 10, 2022

by Andrew Limbong

Unionized workers at one of the largest publishing companies in the country started an indefinite strike today. They are asking for better pay and a stronger commitment to diversity from the company.

The Broughton family prepares for their dinner prayers during a gathering on November 26, 2020 in Los Angeles, California. Prices for Thanksgiving staples like turkey are on the rise this year, thanks to inflation.

Rising prices are on the menu for Thanksgiving, with inflation currently at 7.7%

9:49am November 10, 2022

by Scott Horsley

With Thanksgiving just two weeks away, food and family are on many people's minds. But turkey and travel will carry a hefty price tag this year. The annual inflation rate in October was 7.7%.

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The display panel advertising the tickets for the Monday Powerball drawing with an annuity value of at least $1.9 billion, are shown at a convenience store, Monday, Nov. 7, 2022, in Renfrew, Pa.

How the $2 billion Powerball jackpot winner should protect their newfound wealth

5:31am November 10, 2022

by Jonathan Franklin

Winning the lottery is a dream to many. But if you were to possess a winning lottery ticket in reality, experts say there are a number of things you should do to protect yourself.

Even though higher mortgage rates are starting to curb housing prices, the share of first-time homebuyers has fallen to a historic low, according to the National Association of Realtors.

Voters approved more money for affordable housing around the country

1:12pm November 09, 2022

by Jennifer Ludden

Skyrocketing rents and home prices have been a major part of voters' economic pain. New spending will go toward building and subsidizing more housing, and helping people avoid homelessness.

Women manufacture clothes in Dhaka, Bangladesh on Aug. 29. The ready-made garment (RMG) industry in Bangladesh is now a mainstay of the country's economy. Today, Bangladesh is one of the world's largest garment exporters, with the sector accounting for more than 80% percent of Bangladesh's exports.

How Bangladesh went from an economic miracle to needing IMF help

9:43am November 09, 2022

by Lauren Frayer

Millions emerged from poverty in recent decades. But now, rising fuel prices, weak exports and scant remittances are sabotaging growth, and Bangladesh asked the IMF for $4.5 billion in loans.

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