Economy

Women leaders are switching jobs at the highest rate in years, the 2022 edition of Women in the Workplace, an annual report from LeanIn.Org and McKinsey & Company, found. The authors are calling it "The Great Breakup."

Economy

Women leaders switch jobs at record rates as they demand better from their workplaces

12:23pm October 28, 2022

by Rachel Treisman

Women leaders — already in short supply — are leaving their companies at rates not seen in years, a new report says. For every woman at the director level who gets promoted, two women directors leave.

Economy

Piedmont region is economically strong and growing, business leaders say

11:17am October 28, 2022

by Paul Garber

Local business leaders gathered in Winston-Salem to discuss the economic state of the region Thursday night.

The U.S. economy rebounded in July, August and September

4:29pm October 27, 2022

A new report on gross domestic product shows the U.S. economy rebounded in July, August and September after six months of negative growth. But the economy still faces challenges like high inflation.

Economy

Mortgage rates are now above 7% on average nationally

4:29pm October 27, 2022

It's harder to afford a home than it's been in decades as a steep run-up in prices, both during the pandemic and interest rates now, hit buyers from both sides.

Crew shortages, decreased business travel impact passenger traffic at PTI Airport

3:57pm October 27, 2022

by April Laissle

Passengers are returning to Piedmont Triad International Airport, but travel is still down compared to pre-pandemic levels.

Mobile homes are rising in value. But current residents can't cash out

3:53pm October 27, 2022

by Mary Yang

Rent hikes for the land and added fees at mobile home parks have kept many owners stuck in place.

Mortgage rates keep rising, making home ownership unaffordable for millions of Americans. Since the start of the year higher rates have added about $1,000 to the monthly payment to buy a typical house.

Buying a home gets even harder as mortgage rates top 7%

11:22am October 27, 2022

by Chris Arnold

It's harder to afford homeownership than it's been in decades as a steep run-up in both prices during the pandemic and more recently interest rates hit buyers from both sides.

A gas pump displays current fuel prices, along with a sticker of President Biden, at a gas station in Arlington, Va., on March 16. The sticker says "I did that" — but the president wasn't responsible for rising prices then or falling prices now.

Economy

Whether gas prices are up or down, don't blame or thank the president

10:12am October 27, 2022

by Camila Domonoske

Prices at the pump are falling, which is welcome news for Democrats this election season. But politicians have very limited control over energy costs.

Queue Listen Now

People shop in a Manhattan store on Oct. 26, 2022 in New York City. Inflation, in the form of higher prices for gas, food and other consumer goods is weighing on U.S. economic growth.

New GDP report shows an economic turnaround, but don't be fooled

8:39am October 27, 2022

by Scott Horsley

Thursday's GDP report shows the U.S. economy grew at an annual rate of 2.6% in July, August and September, after shrinking in the first half of the year.

Queue Listen Now

Rising prices take a toll on Democrats. How has Biden responded to inflation?

5:03am October 27, 2022

Inflation upended President Biden's domestic agenda and is a top issue for voters heading into the midterms. We track how the White House changed its approach, and how voters have responded.