ECONOMY

Over 1,500 Layoffs Coming To U.S. Steel Plant Near Detroit

4:24pm January 30, 2020

by Quinn Klinefelter

U.S. Steel is closing its mill near Detroit, laying off over 1,500 workers, despite President Trump's vow that tariffs would strengthen the steel industry. Administration officials blame the company.

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Consumer spending continues to be a main driver of economic growth, although consumers were a little more cautious in the final months of 2019.

U.S. Economic Growth Slowed In 2019 To 2.3%

10:58am January 30, 2020

by Scott Horsley

The Commerce Department says the U.S. economy grew 2.3% last year. That's slower than the previous year and well below the Trump administration's forecast.

Boeing Faces Financial Pressures After Grounding Of 737 Max

7:44am January 28, 2020

by Jim Zarroli

If Boeing were a normal company, it could be facing questions about bankruptcy after losing billions of dollars over the grounding of the 737 Max. But is it too big to fail?

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DeWitt Clinton pours water from Lake Erie into the Atlantic Ocean after completion of the Erie Canal.

The Erie Canal As A Model Of How To Build Big Projects Again

6:31am January 28, 2020

by Greg Rosalsky

The federal government said no. But New Yorkers rallied anyway and got the job done.

The Potential Global Economic Impact Of The Wuhan Coronavirus

4:11pm January 27, 2020

by Scott Horsley

Stocks tumbled Monday as concerns mounted that the outbreak of coronavirus that began in China could take a toll on the global economy.

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Buckshot Cunningham lived without housing for years before he moved into a small cottage at Hope Village, a shelter run by the nonprofit Rogue Retreat in southern Oregon.

Law Enforcement Officials Argue Rural Homeless Services Worsen Problem

6:06pm January 21, 2020

by April Ehrlich

Rural homelessness in Oregon isn't as visible as its urban equivalent, but it's a major problem. Even when money is available, local officials say providing resources could make the problem worse.

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Trump Goes To Davos To Boast About U.S. Economy, But Avoids Climate Change

4:12pm January 21, 2020

by Scott Horsley

President Trump is attending the World Economic Forum in Davos, Switzerland this week. He boasted about the strength of the U.S. economy, but said little about the event's main focus: climate change.

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What if our economy is built not on traditional theories of rational behavior, but on narratives and psychology?

Economy

The Story Of Money: How Human Behavior Shapes Economies — And Vice Versa

12:23pm January 21, 2020

What's the point of money? The answer might seem obvious: we need it to get paid for our work, and to buy the things we need. But there's also a deeper way to look at the role of money in our lives.

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More Data On The Midlife Crisis

6:30am January 21, 2020

by Greg Rosalsky

An economist uses a broad range of data from 132 countries to understand why middle age is such a drag.

Trade War's Effect On The Economy

8:02am January 19, 2020

NPR's Lulu Garcia-Navarro talks with Randall Kroszner, a former governor for the Federal Reserve, about why the U.S. economy has remained relatively healthy despite the trade war with China.

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