ECONOMY

How a meatpacking plant sent 2 towns down very different economic paths

4:44pm November 25, 2021

by David Condos

40 years ago, two Great Plains towns were sent on very different paths. While a meatpacking plant has allowed one town to prosper, another regrets that its former leaders once feared change.

Shoppers wear protective face masks as they look for Black Friday deals at the Ellenton Premium Outlet stores Friday, Nov. 27, 2020, in Ellenton, Fla.

A complete guide to what is — and isn't — open this Thanksgiving Day

10:11am November 25, 2021

by Jonathan Franklin

Many major retailers and fast-food chains have announced they will be closed this Thanksgiving. A few, however, will stay open for customers.

As food prices rise, non-profits try to keep serving clients

5:44pm November 24, 2021

NPR's Ari Shapiro checks in with Brooke Neubauer, who owns a non-profit in Las Vegas, Nev., about how the community she serves is holding up as food prices surge.

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The Biden administration's plan to tap into oil reserves is drawing criticism

6:18am November 24, 2021

NPR's Rachel Martin talks to economic policy consultant Tony Fratto, who says releasing oil from the strategic petroleum reserve is little more than a "political messaging device."

Economy

This year's Thanksgiving dinner will have a slimming effect on your wallet

6:18am November 24, 2021

Inflation is impacting the cost of Thanksgiving dinner. According to the American Farm Bureau Federation's 36th annual survey, the cost of the holiday dinner has gone up by 14%.

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President Biden addressed rising inflation in his economy speech

4:45pm November 23, 2021

by Scott Horsley

President Biden highlighted the strength of the U.S. economy Tuesday afternoon, while also addressing rising prices. The administration is trying to lower gasoline prices, a major driver of inflation.

U.S. to release 50 million barrels of crude oil from the reserve to lower gas prices

4:18pm November 23, 2021

by Jeff Brady

The Biden administration is tapping into the country's emergency petroleum reserves in a bid to bring down high gas prices. But it's not clear how successful that strategy will be.

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A monitor displays General Electric Co. signage on the floor of the New York Stock Exchange (NYSE).

The Conglomerate Paradox: As GE splinters, Facebook becomes Meta

6:30am November 23, 2021

by Greg Rosalsky

GE announced it's breaking into three. Meanwhile, tech companies continue to take over a wider swath of industries.

The pandemic has sparked rising house prices across the rural U.S.

6:06am November 23, 2021

by Frank Morris

The pandemic has helped spread the housing crisis to almost every corner of the United States. A surge of people moving to rural towns is pricing out some long-time residents.

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Economy

Biden chooses to keep Fed Chairman Powell in place for a second term

6:06am November 23, 2021

by Scott Horsley

President Biden plans to stick with Jerome Powell as chairman of the Federal Reserve. The Fed is wrestling with an uneven recovery and the highest inflation in more than three decades.

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