Economy

Renters in some areas, such as Austin, Texas, find themselves in bidding wars

6:12am January 04, 2022

by Audrey McGlinchy

A shortage of housing in some parts of the country has led to a rental squeeze. Much like some homebuyers, prospective renters are finding themselves having to offer more than the listing price.

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Biden's top economics advisor weighs in on how omicron is affecting economic recovery

8:06am January 01, 2022

by David Gura

David Gura speaks to Cecilia Rouse, chair of the White House Council of Economic Advisers, about the health of the U.S. economy amid inflation, supply chain interruptions and labor shortages.

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Economy

Financial markets continue to climb despite COVID surge

5:05am December 31, 2021

by David Gura

The stock market has continued to set records even as the Omicron variant injects a new element of uncertainty and investors prepare for the Federal Reserve to raise interest rates in 2022.

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Members of a China-centered Asian trade bloc that takes effect Jan. 1 are hoping the initiative, encompassing about a third of world trade and business, will help drive their recoveries from the pandemic.

Asia looks to China-focused trade bloc for virus recovery

12:36am December 31, 2021

by The Associated Press

Members of the 15-member Regional and Comprehensive Economic Partnership, or RCEP, include China, Japan and South Korea. The new trading bloc does not include the U.S. or India.

How evictions impact tenants far beyond scrambling to find housing

4:44pm December 30, 2021

NPR's Ari Shapiro speaks with KPBS's Cristina Kim on her enterprise reporting on what happens to vulnerable renters as pandemic eviction bans begin to go away.

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Economy

In area suburbs, income rose with population in the 2010s, but not everywhere

9:51am December 30, 2021

by Paul Garber and Gant Renner

Census figures from the American Community Survey revealed population growth in the Triad, both in major cities as wel

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Rural hospitals received pandemic aid. What happens when the funds run out?

7:07am December 30, 2021

by Kirk Siegler

Rural health leaders warn that more hospital closures loom as federal pandemic relief money dries up. At the same time, there are concerns of a surge in hospitalizations due to the omicron variant.

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Travelers wait in the ticketing line at Salt Lake City International Airport on Monday. There have been thousands of flight delays and cancellations as the omicron variant spreads across the country. Unionized flight attendants are wary of new CDC guideli

Delta's CEO asked the CDC for a 5-day isolation. Some flight attendants feel at risk

2:26pm December 29, 2021

by Deepa Shivaram

Some workers are concerned about new guidance from the Centers for Disease Control and Prevention that shortens the isolation period for COVID-19 cases.

U.S. home prices went through the roof in 2021

5:07pm December 28, 2021

by Chris Arnold

Home prices have been on a tear during the pandemic. A new report out Tuesday shows home prices nationally are up 19% in a single year.

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Americans saved a lot of money this year dispite record inflation

5:07pm December 28, 2021

Americans stashed away $2.7 trillion in excess savings over the pandemic even as inflation rates hit a record high.

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