Paul Volcker's costly, but ultimately successful, fight to tame inflation
Decades back, former Federal Reserve Chairman Paul Volcker had a radical idea to fight against inflation.
Economy
Workers are changing jobs and getting raises, and still struggling financially
It should be good news for Americans: a new poll shows almost everyone is getting a raise and they're not having to stick it out in jobs they hate. But for many the financial struggle continues.
The heartbreak and cost of losing a baby in America
Even after their babies died, hospital bills kept coming. These parents of fragile, very sick infants faced exorbitant bills — though they had insurance. "The process was just so heartless," one says.
Remote working may be a win-win for employers, employees and — even the economy
Nearly half of the American workforce is now working remotely at least one day a week. And new research shows that many employees consider remote work to be non-negotiable for their employment.
Fed orders another super-sized interest rate hike as it battles stubborn inflation
The Federal Reserve raised interest rates by another 0.75 percentage points today, as it tries to control runaway prices. The central bank also signaled that additional rate hikes are likely.
Home prices see biggest drop in 9 years, thanks to higher mortgage rates
The super-heated housing market is cooling off. Home prices have fallen about 6% since their peak in June. The pace of sales also fell for the 7th straight month.
The U.S. dollar is strong right now. But not everyone is happy about that
Compared to many world currencies, the dollar is the strongest it's been in decades. That's affecting the global economy and how business gets done.
Why your bad boss will probably lose the remote-work wars
Since 2020, office workers have waged an epic battle to work remotely. They're mostly winning.
Family Dollar recalls Colgate products that were improperly stored
Family Dollar says it is not aware of any complaints from customers nor any reports of illnesses related to the recall.
Why some blame record corporate profits for high prices
NPR's Mary Louise Kelly talks with Lindsay Owens, executive director of the Groundwork Collaborative, about how companies are earning unusually high profits even as inflation remains hot.