Wages Are Going Up — And So Is Inflation. Consumer Prices Have Hit A 13-Year High
Consumer prices rose 5.4% in July, compared to a year ago. Here's one thing to watch going forward: How rising wages impacts inflation.
Economy
Wages Are Increasing, But So Are The Costs Of Essentials Like Rent, Food And Gas
Consumer prices rose 5.4% in the 12 months ending in July, matching the highest rate of inflation in nearly 13 years. The cost of rent, food and gasoline continues to climb.
July's Inflation Data May Be Lower Than June's, But Prices Continue To Rise
The Labor Department on Wednesday releases the latest snapshot of consumer prices. Forecasters think inflation was a little bit milder in July than the month before.
Pilot Program In Virginia City Will Give $500 A Month To Low-Income Families
NPR's Noel King talks to Alexandria Mayor Justin Wilson about the city implementing a program this fall to send $500 debit cards to low-income families every month for two years.
Average Wages Are Going Up, And So Are Prices
Employers have figured out what it takes to find workers in a tight job market: higher wages. Restaurant wages have increased almost 10% over the last year, which could affect menu prices.
Retail Workers Are Quitting At A Record Pace. But Stores Are Rapidly Hiring, Too
Retail workers are still quitting at a record rate. But they appear to be going to other retail jobs: Stores are actually hiring on an unprecedented scale, reaching 1.1 million new hires in June.
How 'The Pet Revolution' Unleashed A New Top Dog In America
A new book argues we've seen a fundamental shift in the treatment of pets since 1998.
As Nonprofit Disburses Rent Relief, Leader Says Government Can Make It Easier
Lisa Isay, executive director of Bridges Ministries, describes her experiences distributing federal rental assistance in Jefferson County, Ala.
Education Department Announces 'Final Extension' Of Student Loan Payment Freeze
At the beginning of the pandemic, federal student loan borrowers were granted a reprieve on their loan payments. The U.S. Education Department says that reprieve will end on Jan. 31.
How BTS Is Adding An Estimated $5 Billion To The South Korean Economy A Year
BTS has become a global economic force. The seven-member South Korean boy band is creating jobs, billions in revenue — and even moving the needle on South Korea's GDP.