Economy

New Mexico Ended Civil Asset Forfeiture. Why Then Is It Still Happening?

6:17am June 07, 2016

by Martin Kaste

New Mexico passed a sweeping overhaul of civil asset forfeiture. Legislators say some cities' budgets are so dependent on seized assets that they disregarding the law.

China's President Xi Jinping (right), chats with U.S. Secretary of State John Kerry (center), and U.S. Treasury Secretary Jacob Lew during the joint opening ceremony of the U.S.-China Strategic and Economic Dialogues in Beijing on Monday.

A Rocky Time In U.S.-China Relations As Leaders Meet In Beijing

10:32pm June 06, 2016

by Elise Hu

They are the two largest economies in the world, and increasingly interdependent. But as leaders gather for high-level talks in Beijing, tensions have flared on several fronts.

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U.S., China Officials Gather For Annual Strategic Meeting

6:14pm June 06, 2016

David Greene talks to Bill Bishop, writer of the Sinocism Chinese Newsletter, about what's on the agenda for this year's U.S.-China Strategic and Economic Dialogue.

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A giant poster in Geneva reading "What would you do if your income was taken care of?" ahead of Switzerland's vote on a proposed "basic income" set the Guinness World Record for the largest poster ever printed.

Swiss Voters Reject Guaranteed-Income Proposal

5:43pm June 06, 2016

by Richard Gonzales

Voters took a dim view of a plan that would have mandated a basic monthly income for all of Switzerland's 8.1 million residents, regardless of employment status.

Federal Reserve Chair Janet Yellen delivers a speech on economic outlook and monetary policy on Monday in Philadelphia.

Fed Chair Yellen Says Weak Jobs Report Raises Questions For Economy

4:53pm June 06, 2016

by Chris Arnold

U.S. employment is one of many uncertainties Federal Reserve officials are weighing as they consider raising interest rates. Overall, Yellen expects ongoing economic recovery and growth to continue.

Seth Barker of Maine Fresh Sea Farms checks a seaweed line. People have foraged wild seaweed off the Eastern Seaboard for centuries. But now a much more active effort to grow seaweed in the U.S. is afoot.

Seaweed On Your Dinner Plate: The Next Kale Could Be Kelp

3:47pm June 06, 2016

by Fred Bever

Why are chefs adopting sea greens in their cuisine? They're tasty and nutritious, and growing them is good for the planet. Maine's budding seaweed business is boosting an endangered coastal economy.

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Presumptive Republican presidential nominee Donald Trump speaks during a rally in San Jose, Calif., on June 2.

How Donald Trump Could Benefit In November From A Bad Economy

3:42pm June 06, 2016

by Danielle Kurtzleben

Economic studies suggest that when people feel economic pain, they punish the sitting president's party.

Economy

Gentrification Pressures Weigh On The Economy

7:48am June 05, 2016

For this week's Hanging On, NPR's Rachel Martin talks with poet and activist Bobby LeFebre about gentrification in North Denver. LeFebre has watched his neighborhood change over the past 15 years.

How Should You Look At The Jobs Report? Try These Different Angles

8:55am June 04, 2016

by Marilyn Geewax

The latest monthly jobs report showed a sharp slowdown in hiring. Economists, who didn't see the drop coming, suggest reasons ranging from a workers' strike to presidential politics.

Morehouse College freshmen Philip Rucker, Damon Redding and Tyree Stevenson use a programming language called Python to plot a map of weather stations in the United States.

Coding While Black: Hacking The Future Of The Tech Industry

7:36am June 04, 2016

by Tasnim Shamma

Silicon Valley has a diversity problem, with many tech companies employing a tiny number of African-Americans in key jobs. In Atlanta, black techies are working to diversify the industry's future.