ECONOMY

An inflatable snowman and candy canes are part of the decorations that adorn houses in Brooklyn's Dyker Heights neighborhood on Dec. 22, 2020 in New York. A shopping surge by households this year has snarled up global supply chains, and now the race is on

Economy

The race is on to save Christmas as retailers fight the supply chain crunch

6:43pm November 11, 2021

by Scott Horsley

Retailers are racing to get merchandise onto store shelves in time for the busy holiday shopping season. But with ports and warehouses overflowing, many orders are tied up in traffic.

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Several cities are reviving interest in rent stabilization

5:06pm November 11, 2021

by Laurel Wamsley

Voters in three U.S. cities –- Minneapolis, St. Paul and Boston -– indicated their interest this week in controlling fast-rising housing prices using a contentious method: rent control.

The infrastructure plan passed. Now, departments are figuring out how to spend it

5:06pm November 11, 2021

by Franco Ordoñez

Government departments are scrambling to figure out how to spend the $1 trillion in the infrastructure package. Some will go to existing grant programs, while others need to be created from scratch.

Housing advocates pushing for stronger evictions protections in New York in August, the same month the U.S. Supreme Court struck down a federal eviction moratorium from the CDC. In the wake of that decision, evictions are now rising in parts of the countr

Economy

Evictions rising even as rental help from Congress reaches millions of people

12:03pm November 11, 2021

by Chris Arnold

It's not the tsunami of evictions that some experts had feared, but eviction filings are rising sharply in many cities. Meanwhile, $47 billion from Congress to help is finally reaching more renters.

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Inflation surges to its highest since 1990

4:52pm November 10, 2021

by Scott Horsley

Consumer prices were 6.2% higher in October than a year ago as inflation continues to chip away at the buying power of households across the country.

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White House economic adviser weighs in on the inflation spike and spending plan

4:37pm November 10, 2021

NPR's Ailsa Chang talks with White House economic adviser Brian Deese as inflation soars to its highest in 30 years.

Economy

The Labor Department is releasing the latest inflation data

8:53am November 10, 2021

The Labor Department reports Wednesday on consumer prices for October. Inflation has been running hotter than many Americans are used to, and it's taking a political toll on President Biden.

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The super rich push back against calls for a wealth tax

6:22am November 10, 2021

by David Gura

During the pandemic U.S. billionaires saw their wealth increase by more than $1 trillion. The majority of that increase is not taxed because their net worth is tied up in the stocks they own.

Rising food prices have resulted in both food insecurity and improvisation

4:59pm November 09, 2021

by Laurel Wamsley

The cost of many foods — especially beef, pork and poultry — is rising fast, largely due to supply chain issues. For many, that can mean hard decisions at the grocery store.

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The holidays are nearing, and merchandise meant to be on shelves is still on ships

4:59pm November 09, 2021

by Scott Horsley

With the holiday shopping season fast approaching, many businesses are still waiting for critical cargo that's stuck in traffic at ports. The race is on to unload containers to reach store shelves.

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