Economy

Shawn Steffee is business agent at Boilermakers Local 154 in Pittsburgh, and worries a transition to clean energy could cost him pay and hurt his pension.

Biden Says His Climate Plan Means Jobs. Some Union Members Are Skeptical

3:24pm April 15, 2021

by Reid Frazier

President Biden has repeatedly promised the shift to clean energy will create "good-paying union jobs." But the wind and solar industries generally pay less, are not unionized, and need fewer people.

Infrastructure Plan May Not Help Lift Economic Burden On Women

1:17am April 15, 2021

by Danielle Kurtzleben

A political debate has become a debate over word choice: the question of what "infrastructure" even means. The answer could mean a lot for women in the economy.

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President Biden unveils a $2 trillion infrastructure plan in Pittsburgh on March 31. In his speech, Biden said the plan would help the U.S. compete with China.

For Biden, China Rivalry Adds Urgency To Infrastructure Push

4:26pm April 14, 2021

President Biden's argument that a $2 trillion infrastructure proposal would help the U.S. compete with China says a lot about how the president is approaching foreign and domestic policy.

Consumer prices jumped in March, marking a return of inflation, but the Federal Reserve insists any uptick will be temporary.

Economy

Consumer Prices Jumped. Should You Worry? That's Sparking A Heated Debate

4:33pm April 13, 2021

by Scott Horsley

Consumer prices jumped last month as businesses struggled to keep pace with booming demand, but the Biden administration and the Federal Reserve say the uptick in inflation is likely to be temporary.

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Economy

Consumer Prices Jump For March

10:02am April 13, 2021

by Scott Horsley

Consumer prices saw their sharpest increase in more than eight years last month, as businesses struggled to keep pace with booming demand.

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President Biden holds a semiconductor during remarks before signing an executive order on the economy at the White House on Feb. 24. On Monday, senior members of his team met with leaders across various industries to discuss a shortage of semiconductors.

White House Convenes Summit To Address Supply Shortage Crippling Auto Plants

4:58pm April 12, 2021

A lack of computer parts known as semiconductors threatens many industries, hitting automakers especially hard. The White House brought together executives from 19 companies to confront the issue.

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As the first Black woman to ever serve as chief economist at the Labor Department, Janelle Jones is one of the Biden administration officials facing the task of addressing historic economic disparities that have only intensified during the pandemic.

This Top Biden Economist Has A Plan: Create Jobs, Address Inequality, Ignore Trolls

7:32am April 11, 2021

by Ayesha Rascoe

Janelle Jones is the first Black woman to serve as chief economist at the Labor Department. She says helping marginalized groups boosts the entire economy.

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Visitors leave the Wonder Wheel ride after the re-opening of Coney Island's amusement parks on Friday.

In Coney Island, The Wonder Wheel Spins Again

5:23pm April 10, 2021

by Camille Petersen

After a year of being shut down due to the pandemic, Coney Island's amusement parks have reopened — at a third of their normal capacity. But business owners are glad to see the parks come alive again.

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Stanford's 'Marriage Pact' Is Actually A Great Way To Understand Economic Markets

4:49pm April 09, 2021

by Sarah Gonzalez

At Stanford University, an assignment for a class on markets led to an experiment using economic thinking to match undergrads together romantically. It's a great way to understand many other markets.

Women Are Leading Biden's Economic Recovery Plan For The Country And Other Women

4:45pm April 09, 2021

NPR's Ailsa Chang talks with three women who are shaping U.S. economic policy about how the Biden administration plans to tackle economic losses suffered by women in the pandemic.

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