Economy

Shoppers look over mattresses at a store in Miami on March 14, 2023.

Economy

Inflation eased in March but prices are still climbing too fast to get comfortable

11:49am April 12, 2023

by Scott Horsley

Consumer prices in March were up 5% from a year ago. While inflation has eased from a four-decade high last summer, prices are still rising faster than the Federal Reserve would like.

Queue Listen Now

Economy

Inflation eased in March but prices are still climbing too fast for comfort

9:20am April 12, 2023

by Scott Horsley

New consumer prices data for March show that inflation has fallen from a four-decade high last summer, but prices are still climbing faster than the Federal Reserve would like.

Queue Listen Now

Economy

What is the cause of bank runs?

5:20am April 12, 2023

by Stacey Vanek Smith

The IMF predicts slow growth for many countries. In the U.S., one factor holding back the economy is volatility in the banking sector — the bank runs we saw last month. But what causes bank runs?

KYIV, UKRAINE - FEBRUARY 21: A group of people hold signs at the front of the Ukrainian Foreign Ministry during a protest calling for the European Union to impose additional sanctions against Russia on February 21, 2022 in Kyiv, Ukraine.

Why sanctions don't work — but could if done right

1:24pm April 11, 2023

by Paddy Hirsch

Sanctions backfire. So why do we keep using them?

Economy

Credit crackdown weighs on businesses

11:22am April 09, 2023

by Scott Horsley

Even before the collapse of Silicon Valley Bank last month, other banks were getting stingier about making loans. That makes it harder for businesses trying to grow and raises the risk of recession.

Queue Listen Now

The New York City council is divided over minimum wage for delivery workers

8:33am April 08, 2023

by Dara Kerr

An ongoing battle in New York City over giving delivery workers for apps like DoorDash, Uber Eats and Grubhub a minimum wage came to a head at an hours-long council hearing on Friday.

The Fed's 'discount window' saw a huge uptick in demand amid financial turmoil

8:00pm April 07, 2023

by Mary Childs

When banks are under financial stress, where do they turn for help? Many go to the Federal Reserve, which, through its discount window, serves as a "lender of last resort" for banks.

Queue Listen Now

March's jobs report is a sign the Fed's efforts to curb inflation are working

4:56pm April 07, 2023

by Scott Horsley

Hiring slowed a bit in March, as U.S. employers added 236,000 jobs. The unemployment rate dipped to 3.5%, even as nearly half-a-million new people joined the workforce.

Queue Listen Now

A call for employment sign is displayed at a Taco Bell in Austin, Texas, on March 10, 2023. The labor market is slowing as higher interest rates start to filter through the economy.

Economy

The job market is cooling as higher interest rates and a slowing economy take a toll

11:14am April 07, 2023

by Scott Horsley

U.S. employers added 236,000 jobs in March as hiring slowed from the previous month. Unemployment dipped to 3.5%, from 3.6% in February.

Economy

How did the employment picture change in the last month?

7:29am April 07, 2023

There are signs the hot U.S. job market cooled off a bit last month. We'll get a temperature check when the Labor Department reports on job gains for the month of March.

Queue Listen Now