Business

Economy

The Federal Reserve is trying to maintain a tough balance in controlling inflation

7:53am October 09, 2022

The Federal Reserve is trying to slow down the economy just enough to get rising prices under control, but not so much that a ton of people lose their jobs. It's a tough balance.

Elon Musk calls himself a free speech absolutist. What could Twitter look like under his leadership?

4:57pm October 08, 2022

by Michel Martin

NPR's Michel Martin speaks with Nina Jankowicz, disinformation expert and author of "How to Be a Woman Online," about abuse against women on the internet and Musk's planned buyout of Twitter.

Cobalt is an important component of lithium ion batteries, like those in many electric vehicles.

In Idaho, America's first, and only, cobalt mine in decades is opening

2:35pm October 08, 2022

The first cobalt mine in the United States in decades opened Friday in Idaho amid rising demand for the metal, which is a key component in electric vehicle batteries.

California Gov. Gavin Newsom said on Friday that he will call a special session of the state Legislature on Dec. 5, to pass a new tax on oil companies in response to high gas prices.

California looks to target oil company profits in a special legislative session

9:43am October 08, 2022

by The Associated Press

Gas prices have recovered somewhat nationwide, but they have continued to spike in California, hitting an average of $6.39 per gallon on Friday.

Billionaire Elon Musk's on-again, off-again bid to acquire Twitter advanced this week after he agreed to pay the $44 billion he had originally offered for the social media site.

Politics & Government

Here's what Elon Musk will likely do with Twitter if he buys it

7:30pm October 07, 2022

by Shannon Bond

Musk says he'd loosen rules against spreading misinformation, allow former President Donald Trump back on Twitter, shake up the company's business model and find new revenue sources.

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U.S. employers added 263,000 jobs in September

4:17pm October 07, 2022

by Scott Horsley

U.S. employers added 263,000 jobs in September — a modest slowdown from August. The job market is still tight, though, as the unemployment rate dipped to 3.5%.

How Elon Musk would reshape how Twitter works

4:17pm October 07, 2022

by Shannon Bond

Billionaire Elon Musk's bid to buy Twitter would dramatically reshape how the social media site works. He says he would cut back on the company's attempts to fight disinformation.

Economy

How sorority rush is a matching market

4:17pm October 07, 2022

by Wailin Wong

Sorority rush. It's a college tradition full of excitement and anxiety for recruits. For economists, it illustrates a concept that plays a huge role throughout our economy: matching markets.

A man walks past a "Now Hiring" sign in New York City on July 8, 2022. Signs that job growth cooled in September could help with uncomfortably high inflation.

Stocks sink despite Friday's report that hiring cooled in September

4:02pm October 07, 2022

by Scott Horsley

A new jobs report showed a modest slowdown in hiring last month that was not enough to soothe Wall Street's worries about inflation and the Fed. The unemployment rate edged down to 3.5%

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Yaël Eisenstat speaks the TED2020: Uncharted. Photo courtesy of TED.

Politics & Government

Yaël Eisenstat: Why we need more friction on social media

9:46am October 07, 2022

Facebook profits from being frictionless, says Yaël Eisenstat. But without friction, misinformation can spread like wildfire. The solution, Yaël says, is to build more friction into social media.

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