Economy

Workers participate in a May Day rally in New York City. Amazon workers recently unionized a facility in Staten Island, emboldening other workers to push for their companies to unionize.

Workers around the world mark May Day with rallies for better working conditions

9:09pm May 01, 2022

by Emma Bowman

From New York City to Turkey, activists and workers seized this International Workers' Day as a moment to push for greater worker protections and changes to immigration policies.

May Day demonstrators march through downtown Los Angeles last year. Thousands of people took to the streets across the nation that May 1 in rallies calling for immigration reform, workers' rights and police accountability.

What is May Day? For the most part, the opposite of capitalism

9:44am April 30, 2022

by Emma Bowman

What springs to mind when you hear May Day? In the U.S. and abroad, the day has grown to encompass a spectrum of meanings. But the themes have remained the same: worker unity, suppression and rebirth.

Economy

The price to grow food is soaring with inflation

8:00am April 30, 2022

by Alice Fordham

Chile pepper and pecan farmers in New Mexico struggle as the price of fuel and fertilizer rise faster than what they can get for their crops. That could lead even more people to leave rural areas.

An electric vehicle gets its battery recharged at a charge station in San Francisco on March 9. The Biden administration is spending $5 billion to build a network of chargers in a bid to get more people to buy electric cars.

Economy

How the U.S. wants to make charging electric cars (almost) as painless as pumping gas

5:00am April 30, 2022

by Brittany Cronin

The U.S. has an ambitious plan to build tons of chargers in order to make charging an electric car closer to the speed and ease of pumping gas.

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Traders work on the floor of the New York Stock Exchange (NYSE) in New York City on April 28. Stocks sank on Friday, ending a miserable month for Wall Street.

Economy

Here are 3 reasons why stocks are tanking

6:57pm April 29, 2022

by David Gura

Stocks were pummeled on Friday with the Nasdaq slumping more than 4% to post its worst month since 2008. Why things have gotten so bad in Wall Street.

Blank forms for the Powerball lottery sit in a bin at a grocery store, in Des Moines, Iowa, on Jan. 12, 2021.

A winning $473M Powerball ticket was sold in Arizona. Here's what happens if you win

5:50pm April 29, 2022

by Rina Torchinsky

The odds of winning the jackpot are 1 in 292.2 million. But it never hurts to be prepared.

Consumers spent more than expected in March, which is helping with economic recovery

4:42pm April 29, 2022

by Scott Horsley

Consumer spending grew more than expected in March, continuing to drive the economic recovery. Wages are also climbing, which could feed higher inflation.

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Sri Lanka is facing economic crisis — and the U.S. dollar is partly to blame

4:42pm April 29, 2022

Sri Lanka is in a deep economic and humanitarian crisis. A big contributing factor? Its central bank is running dangerously low on foreign currency reserves.

Oyster harvester Johny Jurisich empties a dredge filled with oysters onto his boat near Texas City, Texas.

Oyster reefs in Texas are disappearing. Fishermen there fear their jobs will too

11:31am April 29, 2022

by Katie Watkins

Texas closed most public oyster reefs for harvesting, dealing a blow to the fishing industry. "It's taken a big toll on me," says Johny Jurisich, whose family has worked in the business for decades.

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The U.S. economy likely slowed sharply in this year's first quarter, but conditions may be sturdier than they look as consumer spending remains healthy. Here, people relax in Sunny Isles Beach, Fla., on March 8.

Economy

Why this economy may be sturdier than it looks

9:46am April 28, 2022

by Scott Horsley

U.S. GDP shrank in the first few months of the year, but the economy may be sturdier than it looks.

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