Business Story of the Day

Trump Tax Proposals Are Terrific, Adviser Arthur Laffer Says

6:10am December 23, 2016

Steve Inskeep talks to Arthur Laffer, tax policy adviser to Donald Trump and a leading advocate of supply side economics — the idea that cutting taxes increases government revenue by spurring growth.

President-elect Donald Trump attends a meeting at Mar-a-Lago, in Palm Beach, Fla., on Wednesday.

Trump's Businesses Could Be Tripped Up By A 2012 Insider Trading Law

7:56am December 22, 2016

by Jim Zarroli

The STOCK Act bars presidents and members of Congress from trading securities based on the kind of insider information they routinely have access to.

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Companies are selling "milk" derived from a wide variety of plants. The dairy industry isn't happy about it.

Soy, Almond, Coconut: If It's Not From A Cow, Can You Legally Call It Milk?

11:07am December 21, 2016

by Dan Charles

Some members of Congress are calling on the government to crack down on food labels like soy milk or hemp milk. They say the "milk" label is legally reserved for only one beverage source: cows.

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President-elect Donald Trump and investor Wilbur Ross, his nominee for commerce secretary, pose for a photo following their meeting at Trump International Golf Club in Bedminster, N.J., on Nov. 20.

Trump's Immigration Plan Could Undermine Promise To Boost Economy

3:21pm December 20, 2016

by John Ydstie

Donald Trump says he will double the U.S. growth rate; that requires getting more people into the workforce. The president-elect also plans to limit immigration, the biggest source of new workers.

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Former Ambassador Locke On The Future Of U.S.-China Relations

7:59am December 19, 2016

As Donald Trump's administration is about to take over from the Obama White House, David Greene talks to former Ambassador to China Gary Locke about U.S.- Chinese relations.

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Trump Promises To Repeal Obamacare, Meets With Architect Of The Law

11:38am December 16, 2016

Steve Inskeep talks to Zeke Emanuel, one of the architects of Obamacare, about the future of the Affordable Care Act under Donald Trump's administration. Emanuel met this week with Trump.

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Ignacio Nicolas Campillo, director of a hops production facility in northern Spain, peels apart the flower of the hops plant, to reveal yellow powder inside. The powder is used to make beer.

No Bitterness Here: Craft Beer Boom Boosts Spain's Hops Growers

4:41pm December 15, 2016

by Lauren Frayer

When Germany halted exports in WWII, Spanish brewers asked farmers in a town in northern Spain to plant hops. Now, the town produces 99 percent of the country's hops used by the craft beer industry.

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Economy

Fed Watchers Expect Short-Term Interest Rates To Rise Soon

11:57am December 14, 2016

The Federal Reserve is expected to make changes to short-term interest rates on Wednesday. Steve Inskeep talks to David Wessel, director of the Hutchins Center at the Brookings Institution.

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Trump Picks Rex Tillerson To Lead The State Department

9:25am December 13, 2016

by Michele Kelemen

In a statement early Tuesday morning, President-elect Donald Trump announced that ExxonMobil CEO Rex Tillerson is his choice to become secretary of state, the country's top diplomat.

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United Airlines will offer cheaper airfares in 2017 but the trade-off will be giving up some of the few remaining perks of air travel, like putting a carry-on suitcase in the overhead bin or getting an assigned seat.

United's 'Basic Economy' Aims To Compete With Discount Airlines

8:45pm December 12, 2016

by David Schaper

United Airlines will offer extra low fares to passengers willing to board last and carry only one bag that fits under the seat. Critics say this "basic economy" class could worsen flying for everyone.

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