Economy

Fed nominees face questions about inflation and climate change

5:44pm February 03, 2022

by Scott Horsley

The Senate Banking Committee held confirmation hearings for three of President Biden's Federal Reserve Board nominees. The nominees were quizzed on their approach to inflation and climate change.

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Economy

How your gig work income could take a hit with new tax rules for payment apps

5:20pm January 29, 2022

NPR's Michel Martin speaks with personal finance columnist Michelle Singletary about how new IRS rules governing payment apps and Wall Street's wild week could affect your finances.

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Will rising wages push inflation even higher?

4:50pm January 28, 2022

by Scott Horsley

Labor costs rose at their fastest pace in more than two decades last year. That growth eased a bit in the final months of 2021, which could give the Federal Reserve's inflation watchdogs some relief.

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Some of the changes to tax filing this year will result in smaller refunds.

Economy

Claiming COVID costs, and 4 other questions about filing your taxes this year

4:21pm January 28, 2022

by Bill Chappell

Taxpayers who file early and electronically should be able to avoid massive delays. But some of this year's changes will translate into smaller refunds.

Alabama coal miners rally at a local ballpark in Brookwood. They've been on strike against Warrior Met Coal since April 1.

Economy

Unions have enthusiasm, media spotlight. But membership numbers lag

1:04pm January 28, 2022

by Stephan Bisaha

Strikes and organizing efforts at high-profile companies have generated new enthusiasm for organized labor. But numbers tell a different story. Union membership is tied for the lowest level on record.

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Economy

To address inflation, the Fed is expected to begin raising interest rates

6:45am January 28, 2022

NPR's Rachel Martin speaks with Neel Kashkari, president and CEO of the Federal Reserve Bank of Minneapolis, about the U.S. economy, inflation concerns and interest rates.

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News brief: voices from Ukraine, Biden to visit Pa., economic preview

6:44am January 28, 2022

As Ukrainians carry on with their daily lives, most believe a war with Russia in inevitable. President Biden travels to Pittsburgh. A lot of U.S. economic data is being released on Friday.

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People shop in The Galleria mall in Houston during Black Friday on Nov. 26, 2021. The economy grew strongly last year but at an uneven pace because of the pandemic.

Believe it or not, the economy grew last year at the fastest pace since 1984

5:40pm January 27, 2022

by Scott Horsley

The U.S. economy grew last year at the fastest pace since 1984, but growth was tempered by successive waves of the pandemic.

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Economy

News brief: high court retirement, Russia-Ukraine crisis, economic growth data

6:17am January 27, 2022

Justice Stephen Breyer will retire, giving Biden a Supreme Court pick. How is Russia responding to diplomatic moves to lower tensions with Ukraine? The U.S. reports latest economic growth figures.

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Economy

Latest data will give a sense of where the economic momentum is headed

6:10am January 27, 2022

The U.S. will report its economic growth data for the October-December quarter, a period marked by high inflation, supply chain woes and labor shortages.

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