ECONOMY

A Reporter On The Panama Papers: The Basic Idea Is 'To Hide True Ownership'

1:40pm May 19, 2016

Documents leaked from a Panama-based law firm have offered new insight into how easy it is for the rich and corrupt to hide their assets. McClatchy's Kevin Hall has been reporting on the documents.

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Budget Shortfalls Affect National Parks' Maintenance, Cleaning

7:42am May 19, 2016

by Nathan Rott

There are about 250 toilets on the North Carolina side of Great Smoky Mountains National Park and a small number of people to clean them. With decreasing budgets, employees are doing more with less.

Millions More American Workers To Be Eligible For Overtime Pay

5:54pm May 18, 2016

A new overtime rule is being finalized by the Labor Department. The sweeping measure, intended to boost slow-growing incomes, has its critics. Renee Montagne talks to Labor Secretary Tom Perez.

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Biden To Announce New Overtime Pay Rules In Ohio

4:58pm May 18, 2016

by Scott Horsley

Vice President Joe Biden traveled to Ohio on Wednesday to announce a new overtime rule the White House hopes will make millions more American workers eligible for overtime pay.

Obama Administration Releases New Overtime Pay Rules

3:07pm May 18, 2016

by Scott Horsley

The White House released new rules Tuesday night governing overtime pay for middle income, salaried workers. Millions of American workers will be eligible for overtime pay under the new rules.

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Passengers wait in line to be screened at a Transportation Security Administration checkpoint at Chicago's O'Hare International Airport on Monday.

Backyard Vacations Are So 2009. Summer '16 Air Travel Expected To Set Record

1:57pm May 18, 2016

by Marilyn Geewax

The airline industry predicts it will see a 4 percent increase in passengers between June 1 and Aug. 31. The travel rush is contributing to the long waits at airport security checkpoints.

How Obamacare Affects Our Wallets And Debt Ratio

8:04am May 18, 2016

by Shankar Vedantam

A study examined the economic effects of the Affordable Care Act. Researchers found states that opted to expand Medicaid through Obamacare had residents with fewer unpaid bills and less debt overall.

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French riot police clash with protesters during a demonstration in Bordeaux on Tuesday as the French government pushed ahead with a controversial labor bill. The legislation has sparked two months of street protests.

French Labor Protests: Tear Gas Used In Paris; Truckers Block Highways

5:26pm May 17, 2016

by Chris Arnold

French truckers, railroad workers and a range of unions oppose a bill that would overhaul worker protections. The French president says the changes would boost the economy and he won't back down.

An employee inspects a component for hybrid electric vehicle motors at the Toshiba International Corp. manufacturing facility in Houston.

U.S. Economy Could Be Poised For Stronger Growth

3:08pm May 17, 2016

by Chris Arnold

From retail sales to manufacturing and housing, several key indicators are picking up. An accelerating economy would be a big deal in this election year.

Most election prediction models that try to forecast who's going to win the presidency take into account some measure of how the economy is doing. So what happens when the economy is just so-so?

When It Comes To Economic Election Prediction Models, It's A Mixed Bag

9:46am May 17, 2016

by John Ydstie

Under a Moody's model, Hillary Clinton beats Donald Trump. The oldest model picks the GOP nominee to win, though it may be proved wrong, its creator says, because Trump is so outside the mainstream.

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