Was Milton Friedman Really 'The Last Conservative?'
A new book looks at the life and ideas of Milton Friedman.
Economy
WeWork files for bankruptcy in a stunning downfall from its $47 billion heyday
With its flexible office spaces, WeWork once was seen as a Silicon Valley darling led by an eccentric and charismatic founder. Financial troubled intervened, followed by the pandemic.
Hiring cooled significantly in October
U.S. employers added 150,000 jobs in October — about half as many as the month before. Some cooling in the job market will be welcomed by the Federal Reserve.
Job growth slowed last month, partly over the impact of the UAW strikes
The U.S. added 150,000 jobs last month, slowing down from the blistering pace seen in September. The drop was partly the result of an unprecedented autoworkers' strike.
Settlement: Uber and Lyft drivers in New York will get $328 million in back pay
Uber and Lyft will pay to settle allegations they short-changed drivers. The $290 million from Uber and $38 million from Lyft will go to drivers for Uber from 2014 to 2017 and Lyft from 2015 to 2017.
Sam Bankman-Fried is found guilty of all charges in FTX's spectacular collapse
The conviction marks a spectacular fall from grace for a once shining star in finance. He faces decades in prison.
As some medical debt disappears from Americans' credit reports, scores are rising
Credit rating agencies have removed small unpaid medical bills from consumer credit, and some people are seeing their credit scores improve, a new study finds.
The Fed held interest rates steady — but the fight against inflation is not over yet
The Federal Reserve left interest rates unchanged Wednesday, but left the door open to additional rate hikes in the future, if necessary, to curb inflation.
The Fed is not ready to declare victory in its long-running battle against inflation
The Federal Reserve is expected to hold interest rates steady on Wednesday. But with inflation still elevated, policymakers may leave the door open to an additional rate hike in the future.
An economic mystery at the all-you-can-eat buffet
All-you-can-eat buffets highlight an economic idea known as the flat rate pricing bias. To explain how it works, our Planet Money team went to the buffet capital of America: Las Vegas.