ECONOMY

Economy

How Is The Economy Actually Doing?

4:32pm December 25, 2018

President Trump has been touting his economic successes all year. While he asks investors to buy, many are selling. The Dow saw its worst Christmas Eve close in history. And the S&P 500 is down 20 percent from its September peak. NPR's Ari Shapiro speaks with Catherine Rampell of The Washington Post about what this all means for the economy.

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Arts
Economy

'A Christmas Carol' Offers Critique Of What Was Then A New Social Science: Economics

4:32pm December 25, 2018

by Keith Romer

At the time Charles Dickens wrote A Christmas Carol, a new social science was just taking root: economics. Dickens did not like it. NPR visits a high school performance of the play to understand the economic commentary laced throughout this holiday classic.

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The exterior of the New York Stock Exchange photographed last week. On Monday, the Dow Jones Industrial Average had its worst Christmas Eve performance, breaking the 1918 record.

Dow Suffers Record-Breaking Christmas Eve Losses

12:18pm December 25, 2018

by Doreen McCallister

The Dow Jones Industrial Average on Monday fell 2.9 percent to 21,792.20 — its worst Christmas Eve performance. It Broke the 1918 record. U.S. stocks are on track for their worst year since 2008.

Economy

U.S. Stocks Remain On Track For Their Worst Year Since 2008

7:56am December 25, 2018

Monday's short trading session drove stocks into a deeper dive as the stock market heads toward its worst December since the Great Depression. Some say Trump's outbursts aren't helping the market.

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News Brief: Financial Markets Drop, Israeli Elections

7:56am December 25, 2018

The Down Jones Industrial average has suffered its worst Christmas Eve performance. How is President Trump reacting? Israel's government wants to move up its elections from Nov. 2019 to April.

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Economy

How Secretary Mnuchin Is Trying To Reassure Investors

5:22pm December 24, 2018

NPR's Ari Shapiro speaks with New York Times correspondent Binyamin Appelbaum about actions taken by Treasury Secretary Steven Mnuchin to try and reassure investors in the stock market.

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Clearly, this generation just can't help itself with killing things like starter homes and canned tuna. What's next?

Millennials Strike Again: This Time We Are Killing Cash And 'Merry Christmas'

2:40pm December 21, 2018

by Alina Selyukh

It's the holiday edition of everyone's favorite trope! A new NPR/PBS NewsHour/Marist Poll tracks cultural changes in shopping and celebrating. But why not keep attributing them to generational whims?

President Trump is expected to sign into law the farm bill Thursday. Ahead of the signing, the USDA unveiled a rule change calling for more able-bodied adults to work in exchange for food benefits.

Trump Signs Farm Bill, Backs Rule Sidestepping Congress On More Work For Food Stamps

6:15pm December 20, 2018

by Brakkton Booker

The Agriculture Department wants to limit states' ability to apply for exemption waivers. It wants more able-bodied people to work in exchange for federal food benefits.

Economy

Economic Study Shows Impact Of Existing Wall At The U.S.-Mexico Border

4:45pm December 20, 2018

President Trump has called for a wall to be built on the U.S.-Mexico border, but what about the wall that the U.S. already has? A recent study shows the economic impact of the existing wall.

Economy

Holiday Spending Expected To Be Higher This Christmas Season

3:39pm December 20, 2018

by Sean Bueter

North Carolina store owners are expecting seasonal spending to be a little higher this year.