Business

The latest employment data for July is bolstering hopes about the economy after employers continued to add jobs at a solid clip.

The case for a soft landing in the economy just got another boost

4:42pm August 04, 2023

by Scott Horsley

U.S. employers added 187,000 jobs in July, a slower but still solid pace of growth, suggesting the Federal Reserve may be able to curb inflation without triggering a recession.

National

Hyundai and Kia recall nearly 92,000 cars and urge outdoor parking due to fire risk

11:29am August 04, 2023

by Juliana Kim

Several Hyundai and Kia models are being recalled over faulty oil pumps that can overheat and cause fires — less than five months since the two automakers recalled vehicles due to another fire hazard.

U.S. employers added 187,000 jobs in July, still marking a steady pace of growth. The data is likely to reinforce hopes about the economy amid rising expectations for a soft landing.

Economy

The U.S. added jobs at a solid pace in July, reinforcing hopes about the economy

10:56am August 04, 2023

by Scott Horsley

U.S. employers added 187,000 jobs in July, still marking a steady pace of growth. The unemployment rate edged down to 3.5%.

Nina Jankowicz alleges Fox stars and guests defamed her by viciously mischaracterizing her brief tenure leading the federal Disinformation Governance Board. Her case requires overcoming robust protections for free speech about public officials and politics.

Politics & Government

Ex-Biden official's lawsuit against Fox echoes case that led to big settlement

7:50am August 04, 2023

by David Folkenflik

Fox devoted 300 segments over an 8-month period to a disinformation researcher named Nina Jankowicz who joined the Biden administration. She says the coverage distorted her work and led her to resign.

Economy

The strong labor market is a big reason for the resilient economy

7:25am August 04, 2023

NPR's Leila Faded talks to former Labor Secretary Robert Reich about the latest economic reports, and how "Bidenomics" coupled with Fed interest rate hikes helped America stave off a recession.

Queue Listen Now

Morning news brief

5:25am August 04, 2023

Ex-President Donald Trump pleads not guilty to four felony counts. The Labor Department will release its monthly jobs report. New charges are expected against an imprisoned Russian opposition leader.

Queue Listen Now

Which parent does a school call first? 'Planet Money' has the answer

5:01am August 04, 2023

by Erika Beras

New economic research has found that schools are much more likely to call a mom than a dad when they need to reach a parent.

There are signs that hot weather may have put a damper on certain kinds of jobs

5:01am August 04, 2023

The Labor Department releases its monthly report card on the job market Friday morning. While rising interest rates have been a drag on some parts of the economy, overall hiring remains strong.

Economy

Why people in Argentina are in a race against time to spend their earnings

5:01am August 04, 2023

by Stacey Vanek Smith

Imagine half of your savings was gone and your rent was doubling every year. That is what's happening in Argentina as the country battles some of the highest inflation in the world.

Bud Light's parent company, Anheuser-Busch, says sales and profits dropped in the U.S. between April and June.

Bud Light boycott takes fizz out of brewer's earnings

1:03pm August 03, 2023

by Alina Selyukh

The company lost big sales in the U.S. after the boycotts over its collaboration with a transgender influencer. CEO says things have now stabilized "with signals of improvement" for the brand.