Fed holds interest rates steady... for now
The Federal Reserve held interest rates steady today, but hinted one more rate hike may be needed this year to bring inflation under control.
Economy
Morning news brief
Attorney General Merrick Garland will appear before the House Judiciary Committee. The Federal Reserve is expected to hold interest rates steady. The UAW strike may affect new and used car prices.
An economist explains what the data says about how the U.S. economy is doing
NPR's Ayesha Rascoe talks with economist Betsey Stevenson about Bidenomics and the latest economic data.
The latest from the UAW strike
The UAW continues its strike at three auto plants in the Midwest with rallies, picket lines and lots of uncertainty.
How the UAW strike could have ripple effects across the economy
There are several ways the unprecedented United Auto Workers strike could hit the economy, but it will depend on how long the strike lasts and how many plants are affected, among other factors.
Where the 'meme stock' phenomenon stands, 2 and a half years after the GameStop craze
In 2021, retail investors bet big on so-called "meme stocks," with the goal of making money and upending power dynamics on Wall Street. The odds are still stacked in favor of professional investors.
The UAW launches a historic strike against all Big 3 automakers
For the first time ever, the UAW launched a strike against all Big 3 automakers at once, starting with three locations in the Midwest.
The UAW is asking to bring back pensions. This economist says it's not a good idea
NPR's Mary Louise Kelly speaks with economist Allison Schrager about why she thinks the UAW is wrong about asking to bring back the old-fashioned pension plan.
'Policymakers need to do their job too': Pediatrician's view on child poverty rate
NPR's Ari Shapiro talks with pediatrician Megan Sandel about the on-the-ground impacts of child poverty.
How a UAW strike would impact the economy
Unionized autoworkers are threatening to go on strike at midnight if no deal is reached with the Detroit carmakers. At first, economic fallout would be limited, but the costs would add up.