ECONOMY

Solving The 'Wage Puzzle': Why Aren't Paychecks Growing?

11:34am August 02, 2018

by Yuki Noguchi

The job market is booming and the economy is expanding. So why aren't wages keeping pace? That's the wage puzzle, and some economists and employers offer explanations they say help explain it.

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Economy

Renters' Movement Presses Cities For More Housing Development

7:57am August 02, 2018

by Dan Charles

Many of America's most prosperous and attractive cities have a big problem: expensive homes. A new political movement, driven by young renters, is demanding more housing and shaking up urban politics.

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The Trump administration threatened to raise proposed tariffs on Chinese imports from 10 percent to 25 percent, escalating U.S. trade tensions with Beijing.

Trump Administration Threatens Even Higher Tariffs On China

7:28pm August 01, 2018

by Jim Zarroli

President Trump is ratcheting up the pressure on China over trade. The administration threatened to raise proposed tariffs on Chinese imports from 10 percent to 25 percent.

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Economy

Shopping Online Doesn't Necessarily Reduce Traffic

5:01pm August 01, 2018

by David Schaper

Ordering stuff online instead of driving to the mall might not be reducing traffic congestion after all, but adding to it, as Amazon vans and UPS trucks delivering those goods clog our streets.

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Led by Chairman Jerome Powell, the Federal Reserve held steady with no rate increase, but it is expected to raise rates twice more by the end of the year.

Saying Economy Is Strong, Fed Keeps Interest Rates Unchanged For Now

3:45pm August 01, 2018

by Chris Arnold

The Federal Reserve held steady with no rate increase, but it is expected to raise rates twice more by the end of the year. The Fed said "economic activity has been rising at a strong rate."

Economy

Getting Deep With GDP

1:54pm July 30, 2018

Last week, the Commerce Department reported that American gross domestic product (GDP) grew by 4.1 percent in the second quarter of the year. And that's good. It means the economy

Sidumiso Nyoni, 30, took the train from her home in rural Nyamandhlovu, Zimbabwe, to the industrial city of Bulawayo to visit family. "The train doesn't have a specific time at which it comes," she says.

Zimbabwe's Rickety Trains Get A Boost From Expat Investors Next Door

6:46pm July 29, 2018

Zimbabweans living in neighboring South Africa are injecting capital into a railway revamp — but much more is needed to get the country back on its feet.

The Myth Of The Self-Made Millennial

5:33pm July 29, 2018

A couple news stories about millennials and money have gone viral in recent weeks. NPR's Michel Martin talks with Jia Tolentino of The New Yorker about "millennial financial resentment."

Nostalgia, National Security Drives Trump's Economic Policies

5:15pm July 28, 2018

Do President Trump's trade policies and tariffs amount to picking the economy's winners and losers? The Wall Street Journal's Greg Ip joins NPR's Michel Martin to put the trade deals in perspective.

Economy

Understanding Friday's Economic News

8:21am July 28, 2018

The United States' economy is experiencing a period of growth, and President Trump says he is responsible. Scott Simon talks to Harvard's Kenneth Rogoff about what's causing the current economic boom.