Economy

The 42 Million Americans Who Receive SNAP Benefits Are Set To Get $36 More A Month

7:59am August 22, 2021

Susan Davis speaks to Secretary of Agriculture Tom Vilsack about the new increase in Supplemental Nutrition Assistance Program, or SNAP, benefits.

Dean Burrows runs Gear Motions, which makes precision gears for machines. He has had to turn down some orders because he can't find enough workers.

Economy

Finding Workers Is Harder Than Ever. The Economic Impact Could Be Significant

1:22pm August 21, 2021

by Scott Horsley

Employers hired more than 1.8 million workers in June and July. But millions of others are still on the sidelines. That's leading to long wait times and is forcing some businesses to turn down orders.

Liz Shuler will serve as president of AFL-CIO till June 2022 after being elected by the federation's executive council. She replaces longtime labor leader Richard Trumka who died unexpectedly earlier this month.

Liz Shuler Becomes The 1st Woman To Lead The AFL-CIO

11:02am August 21, 2021

by Wynne Davis

Shuler will serve as president of the AFL-CIO until June 2022. The union's No. 2 official replaces longtime labor leader Richard Trumka, who died earlier this month.

The Taliban Could Soon Face A Cash Crunch As Countries Cut Off Funding To Afghanistan

4:56pm August 19, 2021

by Scott Horsley

The Taliban could soon be facing a cash crunch. The U.S. and other countries have taken steps to cut off the international financing which Afghanistan has relied on for much of the last two decades.

Cryptocurrencies May Be Reined In Soon — Here's What Regulators Want To Change

4:59pm August 18, 2021

by David Gura

The chairman of the Securities and Exchange Commission compared cryptocurrencies to the "Wild West." Made to operate outside government control, the regulator is asking Congress to help rein them in.

Economy

While NYC Businesses Are Starting To Rebound, Many Are Still On Shaky Ground

6:28am August 18, 2021

by Camille Petersen

In New York City's COVID-19 epicenters, small businesses are seeing signs of recovery with more people vaccinated. But there are still challenges such as overdue rent and the delta variant.

Many people are worried now that home prices have surpassed the peak that preceded the 2000s housing crash.

Home Prices Are Now Higher Than The Peak Of The 2000s Housing Bubble. What Gives?

12:04pm August 17, 2021

by Greg Rosalsky

A new study helps to explain the dynamics of our bonkers housing market.

Economy

As Rural Areas Lose Population, Job Pool For Agriculture Shrinks

7:38pm August 15, 2021

by Associated Press

Rural America lost more population in the latest census, highlighting an already severe worker shortage in the nation's farming and ranching regions and drawing calls from those industries for immi

Students applaud at the Morehouse College commencement ceremony on May 16, 2021, in Atlanta. Morehouse recently announced it would clear remaining tuition balances for students, joining several other HBCUs doing the same.

HBCUs Erasing Student Debt With Federal Funds Brings Hope For Students And Schools

8:23am August 14, 2021

by Deepa Shivaram

More than 20 historically Black colleges have used the CARES Act to wipe out their students' outstanding tuition balances. Erasing their debt, HBCU leaders say, benefits the students, and the school.

'The Indicator': The Time The U.S. Paid Off All Its Debt

4:28pm August 12, 2021

The Senate is set to go on break without raising the debt ceiling, prompting grievances among Washington lawmakers. But the only time in history the debt was paid down, it didn't go quite as planned.