Economy

An mage taken from a TD Canada Trust error message that NPR received when trying to read about how the institution handles bank drafts.

Economy

An $846,000 Inheritance Got Lost In Transit. That Was In February

4:37pm December 14, 2017

by Bill Chappell

The only money a Canadian family has recovered from a lost bank draft is the $32 it cost to ship the document. The family's bank, TD Canada Trust, has delayed reissuing the larger sum.

Job seekers line up to enter a career fair in Los Angeles, on Dec. 1, 2010. At the peak of the recession, the unemployment rate hit 10 percent. It's now 4.1 percent.

Unhappy 10th Anniversary, Great Recession. You Still Hurt Us

6:02am December 14, 2017

by Marilyn Geewax

The Great Recession began exactly one decade ago this month. Although the economy has been growing steadily for years, the downturn's impact is still deeply felt by millions who lost homes and jobs.

Republicans Reconcile House And Senate Versions Of Tax Deal

9:14pm December 13, 2017

by Kelsey Snell

House and Senate Republicans have agreed on a final tax deal. GOP leaders hope to pass the bill next week and achieve their first major legislative achievement this year.

Queue Listen Now

Trump Says Republicans Are Close To Passing Tax Bill

9:14pm December 13, 2017

by Mara Liasson

In a speech Wednesday, President Trump made the case for why the Republican tax measure would be good for Americans. The remarks come after a big political loss for the president in Alabama.

Queue Listen Now

President Trump speaks about the proposed tax overhaul on Wednesday.

Trump Gives Final Tax Pitch As GOP Lawmakers Reach A Deal On A Bill

8:13pm December 13, 2017

by Kelsey Snell

"We're going to make our tax system work for you again," Trump said Wednesday, the same day that House and Senate GOP lawmakers announced they have a final tax package they think they can pass soon.

Federal Reserve Chair Janet Yellen, who will step down in February, has said she thinks the forces that have been holding inflation down are temporary and that she expects it will soon be on the rise again.

Fed Raises Interest Rates Again As Economy Rolls On

4:29pm December 13, 2017

by John Ydstie

Policymakers increased a key rate for the third time this year. The quarter-point move indicates the Fed is confident in the economy as it continues to recover from the financial crisis.

Queue Listen Now

Economy

Full Employment: Are We There Yet?

3:53pm December 13, 2017

Why is it so hard to figure out when the economy is at full employment? And why does the Fed keep getting it wrong?

Kansas' 2012 Tax Cut Experiment Could Serve As A Cautionary Tale

8:15am December 13, 2017

by Wade Goodwyn

People in Kansas are struggling to recover from the state's experiment with deep tax cuts. What happened in Kansas is similar in many ways to what Congress is attempting to do on a national level.

Queue Listen Now

Economy

Snow-Related Issues Lead To Temporary Closure Of Old Salem

5:18am December 12, 2017

by Paul Garber

Old Salem, a popular local destination for Christmas, is closed temporarily as a result of last week's snowstorm.

Economy

Bitcoin, Unemployment, and Mythical Beasts

3:39pm December 11, 2017

Our guest, Tyler Cowen, has smart insights into a ridiculously wide range of subjects. Our conversation is a lightning round that touches everything from the stock market to dystopian novels.