Economy

Economy

As prices increase because of inflation, consumers are forced to pay more

11:13am October 13, 2021

Runaway prices pose a great risk to the economy. People are paying more for everything from meat to rent and gasoline. Reasons include snarls in the global supply chain and lack of workers.

News brief: inflation watch, ransomware summit, e-cigarette authorization

7:56am October 13, 2021

The Labor Department reports consumer prices data. The White House hosts a virtual global summit to discuss ransomware. The FDA allows a brand of e-cigarettes to stay on the market.

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Pandemic supply-chain issues now mean a shortage of glass jars and bottles

5:52pm October 12, 2021

by Scott Horsley

Makers of spaghetti sauce, vinegar and liquor all say they're struggling with yet another pandemic shortage — this time of glass jars and bottles.

A child-size Minnetonka suede and leather moccasin, pictured in 2011. The company has apologized for appropriating Native American culture and promised to do more to support Indigenous communities.

Moccasin maker Minnetonka has apologized for appropriating Native American culture

4:35pm October 12, 2021

by Rachel Treisman

The shoe company started in 1946 as one of many that sold Native-inspired moccasins to roadside gift shops. Its CEO apologized for profiting off Indigenous culture and outlined a plan for giving back.

Economy

IMF report to shed light on what's interfering with the global economic recovery

7:26am October 12, 2021

The IMF says global economic growth is slowing, due in part to the impact of the pandemic. NPR's A Martínez talks to Kristin Myers, editor in chief of The Balance, about what it means for the U.S.

Goran K. Hansson (C), Permanent Secretary of the Royal Swedish Academy of Sciences, and Nobel Economics Prize committee members Peter Fredriksson (L) and Eva Mork (R) give a press conference to announce the winners of the 2021 Sveriges Riksbank Prize in E

A Nobel Prize for a revolution in economics

7:08am October 12, 2021

by Greg Rosalsky

David Card, Joshua Angrist, and Guido Imbens win a Nobel Prize for revolutionizing how economics is done.

Akira Johnson has been facing eviction because her landlord would not accept payment from South Carolina's rent and utility assistance program.

Why rent help from Congress has been so damn slow getting to people who need it

7:00am October 12, 2021

Congress approved $47 billion to pay back rent and prevent evictions. But after nearly 10 months, the vast majority of that money has not reached the millions of people who desperately need it.

News brief: NPR Poll on delta surge, Jon Gruden's emails, espionage case

6:07am October 12, 2021

The surge pushed Americans further behind. Las Vegas Raiders coach resigns after reports he used derogatory language. Ex-Navy engineer and his wife are accused of trying to sell submarine secrets.

3 economists have been awarded the Nobel for their work on 'natural experiments'

5:05pm October 11, 2021

by Scott Horsley

Three U.S.-based economists are sharing this year's Nobel memorial prize for their work on "natural experiments" which get around the need for controlled experiments.

Raising the price of fossil fuels to reflect the true social cost

5:05pm October 11, 2021

Researchers at the International Monetary Fund say trillions of dollars in fossil fuel subsidies are making greenhouse-gas-producing fuels cheaper than they should be and making climate change worse.