ECONOMY

Challenges low income countries are facing

4:24pm July 11, 2022

NPR's Ailsa Chang speaks with Dr. Atul Gawande of USAID about the challenges facing low-income countries as they tackle continued COVID surges, a lack of monkey pox vaccines and climate disasters.

Oil price fluctuation can hurt or help in Texas, depending on who you are

9:01am July 10, 2022

by Wade Goodwyn

Oil prices have fallen from their peak earlier this year, but they are still high enough to inflict pain on car owners and to bring big profits to oil producers.

Brandon Schwedes of Port Orange, Fla., with his 11-year-old daughter and 8-year-old son. Schwedes had to move this year when the landlord dramatically raised the rent, then was outbid before finding another place he could afford.

The housing market squeeze pushes renters into bidding wars

5:11pm July 09, 2022

by Jennifer Ludden

Rising mortgage rates and a wave of millennials put more pressure on the rental market. Rents have soared by double digits, but landlords say they're also struggling with higher costs.

Economy

As everything else in the U.S. economy is down, job numbers are up

8:34am July 09, 2022

by Scott Horsley

Job gains in June were surprisingly strong, defying gloomy forecasts of a looming recession.

Fewer jobs were added in June, but the labor market is still tight. A man walks past a "now hiring" sign posted outside of a restaurant in Arlington, Va., last month.

Hiring slipped only slightly in June, with no sign of a looming recession

5:24pm July 08, 2022

by Scott Horsley

U.S. employers added 372,000 jobs in June, while the unemployment rate held steady at 3.6%. Despite slightly slower job growth, the labor market remains an economic bright spot.

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'CryptoQueen' Ruja Ignatova's international scheme landed her on FBI's Most Wanted

4:24pm July 08, 2022

by Amanda Aronczyk

There is a new name on the FBI's Ten Most Wanted Fugitives list — Ruja Ignatova, known as the CryptoQueen. It's a story of international fraud at a scale rarely seen.

Economy

While job growth has slowed, the labor market remains an economic bright spot

7:34am July 08, 2022

A Labor Department report is expected to show U.S. employers added more than 200,000 jobs in June — a modest slowdown from May. The job market has proven resilient despite high inflation.

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Gas prices drop by almost 25 cents per gallon

4:53pm July 06, 2022

by Scott Horsley

Cost-conscious consumers are getting some relief at the gas pump. After hitting record highs, gas prices have fallen by nearly 25 cents a gallon. But it may be too late to save many summer road trips.

Soaring rental prices are yet another obstacle for childcare facilities

4:53pm July 06, 2022

by Claire Trageser

Soaring rental prices are putting pressure on childcare facilities. Many private facilities are also renters, which means they are incredibility vulnerable.

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Group of young adults, photographed from above, on various painted tarmac surface, at sunrise.

As economy cools, scattered layoffs put an end to dream jobs for some workers

4:40pm July 06, 2022

by Andrea Hsu

As companies that experienced explosive growth in the pandemic begin to scale back, some workers are finding themselves suddenly out of work and scrambling to land something new.

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