Why America Has Been So Stingy In Fighting Child Poverty
The U.S. has a long tradition of favoring old people over kids. A new paper investigates why.
ECONOMY
Oil prices jump and shares sink as Russian troops enter Ukraine
Tensions in Eastern Europe are adding uncertainty at a time when markets have been preoccupied over how the world's central banks will act to counter surging inflation.
Putin invading Ukraine would cost Russia billions. Here's a breakdown of the costs
A Russian invasion and occupation of Ukraine would cost billions. Russia's weak economy would face tough sanctions. And there are the political costs of alienating Europe and revitalizing NATO.
How China dominates the electric vehicle supply chain
The entire auto industry is making a massive pivot to electric vehicles. The world is going to need a lot more batteries. And China dominates the supply chain.
Inflation has many retirees worried about outliving their savings
The highest inflation since the 1980s has many retirees scared. Their retirement nest eggs will be in peril if it persists over the long term.
First-time homebuyers are getting squeezed out by investors
With a historic shortage of homes for sale, investors making cash offers are pushing first-time homebuyers out of the market.
Canadian police arrest 2 leaders of protesting truckers
The police action took place in Ottawa, the protest movement's last stronghold, after weeks of demonstrations and blockades that shut down border crossings into the U.S.
Senate Republicans block a key vote on Biden's nominations for the Federal Reserve
Republicans boycotted a meeting of the Senate Banking Committee Tuesday, delaying a vote on five nominees to the Fed's board. The move was aimed at one nominee: Sarah Bloom Raskin.
An economist on what should happen to the $7 billion of Afghanistan's assets
NPR's Mary Louise Kelly speaks with economist Abid Amiri about President Biden's plan to release $7 billion in frozen Afghan assets.
China promised Trump a better deal for America; it didn't actually deliver
In 2020, President Trump signed a deal with the Chinese government to improve trade relations. China, for the most part, has not followed through.