ECONOMY

White House Council of Economic Advisers head on the economic issues the U.S. faces

5:20pm November 22, 2021

NPR's Ailsa Chang talks with Cecilia Rouse, chair of the White House Council of Economic Advisers, about President Biden's Federal Reserve nomination and the economic challenges the country is facing.

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Wildland firefighters are split on whether higher pay would keep them in the industry

5:20pm November 22, 2021

by Nate Hegyi

Wildland firefighters will soon see big increases in pay and other benefits from the infrastructure bill. But firefighters are split on whether the changes are enough to keep them on the job.

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President Biden has nominated Jerome Powell to remain Fed chair

4:24pm November 22, 2021

by Scott Horsley

President Biden plans to re-nominate Jerome Powell to lead the Federal Reserve for four more years. Powell has steered the central bank through the pandemic recession. Now he must take on inflation.

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Federal Reserve Chairman Jerome Powell has been selected for a second term at the helm of the Fed, a move likely to be welcomed by markets.

Biden reappoints Jerome Powell as Fed chairman at a critical time for the economy

11:07am November 22, 2021

by Scott Horsley

President Biden has tapped Jerome Powell to serve a second term as chairman of the Federal Reserve as the economy faces huge challenges, including surging inflation.

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Biden appoints Jerome Powell to a second term as chairman of the Federal Reserve

10:40am November 22, 2021

President Biden has tapped Jerome Powell to serve a second term as chairman of the Federal Reserve. Fed governor Lael Brainard will serve as vice chairman.

Politics chat: Democrats champion Build Back Better bill while Republicans decry cost

8:02am November 21, 2021

Democrats struggle with the messaging over President Biden's economic agenda as the infrastructure bill becomes law and the Build Back Better bill advances to the Senate.

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Lauren Barber stands in her home in Columbus, Ohio, on Nov. 16. Barber has been inundated with offers from investors and companies that want to buy her house. She sometimes gets called or texted more than five times a day with offers.

Hey, I want to buy your house: Homeowners besieged by unsolicited offers

9:07am November 20, 2021

by Chris Arnold

Lots of speculators are jockeying to get in on the hot market. Sometime they call homeowners multiple times a day. It can be an invasive nuisance, or worse.

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The blistering housing market has investors calling homeowners with uninvited offers

5:53pm November 19, 2021

by Chris Arnold

Homeowners are being besieged by unsolicited texts and phone calls by people seeking to buy their homes. Some are from individual house flippers, while others are from large real estate companies.

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Members of Citizens Against Inflation picket a Denver supermarket in 1974. They asked shoppers to sign petitions calling for a rollback of prices as one method of combating inflation.

Inflation is at 30-year highs. Here's how it's hurt past presidents

4:52pm November 19, 2021

by Ron Elving

One of the lessons from inflationary eras past is that voters are less interested in causal responsibility than in forcing a change. In other words, if you are in office now, you are holding the bag.

Critics say Puerto Rico's bankruptcy deal will endanger funds for public services

6:56am November 17, 2021

by Adrian Florido

Puerto Rico declared bankruptcy four years ago. Officials and creditors have reached a deal, and a federal bankruptcy judge is considering whether to approve it.

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