Business

Economy

Missing your credit card payment is getting a lot more expensive

9:37am June 18, 2023

by Ayesha Rascoe

Americans hold almost a trillion dollars in credit card debt. NPR's Ayesha Rascoe speaks with Ted Rossman, a senior analyst for Bankrate, about how interest rates could make missed payments pricier.

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Economy

The Federal Reserve finally hits pause on raising interest rates

9:21am June 17, 2023

Why the Federal Reserve is pressing pause - for now - on interest rate hikes, and what might be in store for the economy next.

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President Biden speaks about new measures to disclose hidden service fees alongside executives from companies that are vowing the end the practice.

Live Nation and Ticketmaster tell Biden they're going to show fees up front

4:10pm June 15, 2023

by Ayana Archie

After President Biden called out "junk fees" in his State of the Union address, ticket vendors said they were willing to do more to disclose hidden fees. Live Nation is the latest to join.

In Atlanta, Republican Gov. Brian Kemp stands next to a Rivian electric truck while announcing the company's plans to build a plant east of Atlanta, Dec. 16, 2021. Hyundai and Kia will also soon make electric vehicles in Georgia.

Georgia is becoming a hub for electric vehicle production. Just don't mention climate

11:39am June 15, 2023

by Sam Gringlas

Georgia's Republican governor, Brian Kemp, is pledging to make his state the "electric mobility capital" of the country without embracing the climate realities that are helping drive the transition.

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Toni Dezomits' advanced ovarian cancer responded well to earlier rounds of chemo, but this spring, her doctors told her there was a shortage of a key chemo drug.

Health & Safety

Some cancer drugs are in short supply, putting patients' care at risk. Here's why

10:15am June 15, 2023

by Yuki Noguchi

The recent, abrupt shortage of critical cancer drugs is forcing doctors to ration essential medications. It highlights a broken business model in generic drugs.

What does the Fed's pause in interest rate hikes mean for borrowers and savers?

5:05am June 15, 2023

NPR's A Martinez talks to Chelsea Ransom-Cooper, a certified financial planner with Zenith Wealth Partners, about the Federal Reserve holding interest rates steady in its battle against inflation.

The Pittsburgh Pride parade, celebrating 50 years of Pittsburgh Pride, crosses the Andy Warhol Bridge from downtown Pittsburgh on June 3. Longtime Pride sponsors have come under attack by conservatives for their LGBTQ-friendly marketing.

How companies can build trust with the LGBTQ+ community — during Pride and beyond

5:01am June 15, 2023

by Jonathan Franklin

Target, The North Face, Bud Light and others are facing backlash for pro-LGBTQ+ campaigns. Some have stood fast, others stumbled. Experts say consistency and intentionality are key to true support.

Economy

Has inflation changed how you shop and spend? We want to hear from you

5:00am June 15, 2023

NPR wants to know whether rising prices have led you to shop differently for groceries, travel or entertainment; use "buy now pay later" services; or dip into savings to cover your debts.

National

Ex-Starbucks manager awarded $25.6 million in case tied to arrests of 2 Black men

12:03am June 15, 2023

by The Associated Press

Jurors in federal court awarded $25.6 million to a former Starbucks regional manager who alleged that she and other white employees were unfairly punished after the arrests of two Black men in 2018.

Federal Reserve Board Chairman Jerome Powell and his colleagues opted to pause interest rate hikes at their meeting Wednesday.

Economy

Taking a breather: Fed holds interest rates steady in patient battle against inflation

7:29pm June 14, 2023

by Scott Horsley

After 10 straight rate hikes, the Federal Reserve left interest rates unchanged Wednesday, but hinted that additional rate hikes are possible if inflation remains stubbornly high.

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