Economy

Economy

Key Inflation Indicator Will Be Updated With August Data

5:59am September 14, 2021

Prices have been climbing at the fastest pace in over a decade, as Americans pay more for gas, groceries and other items. The Labor Department issues its latest information for the month of August.

A Handful Of Big Meat Packing Companies May Be Pushing Up The Price Of Groceries

6:45pm September 13, 2021

by Scott Horsley

The Biden administration says part of the reason grocery prices are climbing is the consolidation in the meat packing industry. Just four firms are said to have a stranglehold on the market.

Rep. Richard Neal, D-Mass., chairman of the House Ways and Means Committee, has proposed rolling back much of the 2017 GOP tax cuts to help pay for President Biden's $3.5 trillion social spending plan.

Democrats Hope To Undo Many Trump Tax Cuts To Fund Biden's $3.5 Trillion Budget Plan

6:28pm September 13, 2021

by Kelsey Snell

A key House Democrat released a plan to increase taxes on corporations and top earners to help offset some of the cost of a plan for child care, community college and many other programs.

HUD Secretary Marcia Fudge On The Efforts To Avert Pandemic Housing Crisis

5:06pm September 12, 2021

NPR's Michel Martin speaks with Housing and Urban Development Secretary Marcia Fudge about the expiration of the federal eviction moratorium and President Biden's plan to address affordable housing.

Economy

Biden Has Ambitious Infrastructure Plans. But A Worker Shortage Could Hinder Them

8:41am September 12, 2021

NPR's Lulu Garcia-Navarro speaks with Andy Van Kleunen, CEO of the National Skills Coalition, about the shortage of skilled workers needed to fulfill President Biden's infrastructure plan.

Tensions Over Use Of Klamath River Basin's Water Were Magnified By Draught

6:11pm September 10, 2021

by Sally Herships

Many rely on the Klamath River Basin on the California border, especially with the historic draught in the West. Things got heated this summer between the area's tribes and ranchers.

Hurricane Ida Has Hobbled Louisiana's Multi-Billion Dollar Fishing Industry

5:12pm September 10, 2021

by Frank Morris

Hurricane Ida hit Louisiana's fishing industry hard. Fishing is a multi-billion dollar business and it's one of economic foundations for communities that dot the southern end of Louisiana.

A Shortage On Starter Homes Is Keeping Many Young Americans From Owning A House

4:31pm September 08, 2021

by Uri Berliner

For generations, Americans have built wealth by purchase a no-frills starter home. But these entry level homes have become scarce and it's preventing many young people from becoming homeowners.

El Salvador Has Adopted Bitcoin As Legal Tender — The First Country To Do So

7:37pm September 07, 2021

by Tim Padgett

El Salvador became the first country in the world to adopt Bitcoin as legal tender, kicking off a big and bold experiment for the popular cryptocurrency.

Economy

As Federal Unemployment Benefits End, Challenges Remain For Some North Carolinians

6:00am September 07, 2021

by Eddie Garcia

Federal pandemic unemployment benefits ended this weekend. This means many out-of-work North Carolinians are receiving their last check.