Economy

Economy

How record inflation is affecting different people

5:25pm July 17, 2022

As inflation reached a 40 year high in June, NPR's Michel Martin asks food pantry administrator Amy Corron, realtor Somone Wilder and economist Kathryn Edwards how Americans are managing financially.

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Economy

Where is the economy likely to go next?

8:04am July 17, 2022

Ayesha Rascoe and Scott Horsley speak with economist Austan Goolsbee about what's driving inflation and why so many economic forecasts have been wrong.

The dollar and the euro are flirting with "parity" for the first time in two decades.

Economy

Europe is on sale. Why the dollar-euro exchange rate is a win for Americans

5:00am July 16, 2022

by David Gura

The dollar has continued to strengthen against the euro, and for the first time in decades, the two currencies are worth about the same.

Retail sales, inflation and the Fed

4:20pm July 15, 2022

by Scott Horsley

Retail spending jumped more than expected in June. But it's not keeping pace with rising prices. In many cases, people are spending more money but getting less in return.

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Economy

Online retailers are feeling the pain as pandemic-driven e-commerce slows

5:03am July 15, 2022

Now that the pandemic-driven e-commerce boom has slowed, small and medium businesses who sell products on Amazon are feeling the squeeze.

A man lowers his mask to drink from a cup as he past near a mall, Wednesday, July 13, 2022, in Beijing.

Economy

China's economic growth slows following COVID lockdowns

1:26am July 15, 2022

by The Associated Press

China's economy contracted in the three months ending in June compared with the previous quarter after Shanghai and other cities shut down to fight coronavirus outbreaks.

Contractors work on the roof of a house under construction in Louisville, Ky. A new study shows the U.S. is 3.8 million homes short of meeting housing needs.

There's a massive housing shortage across the U.S. Here's how bad it is where you live

2:48pm July 14, 2022

Hundreds of cities and towns are seriously short of housing, both homes to buy and rentals, according to a new study. It's the main reason that home prices and rents are so high.

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Economy

Public companies' earnings reports give us a glimpse of the state of the economy

7:09am July 14, 2022

by David Gura

s Wall Street worries about the effects of high inflation and a potential recession, company forecasts will give investors a better sense of where the U.S. economy may be heading.

Economy

Inflation hit a new high last month. Here's how it's changing life in the U.S.

5:14am July 14, 2022

NPR's Steve Inskeep speaks with William Spriggs, economist for the AFL-CIO, about inflation, which hit 9.1% for the twelve months ending in June.

Some people who retired during the pandemic are wondering if they made the right move

4:56pm July 13, 2022

by Cathy Carter

More people retired during the COVID-19 pandemic than expected. But with rising inflation, a plunging stock market and a hot housing market, some are wondering if they left their jobs too soon.