As the economy stalls, big tech companies prepare for tougher times
The pandemic fueled a tech boom, but now tech companies are scaling back hiring and hunkering down for a tougher economy than expected.
ECONOMY
With 2 consecutive quarters of negative growth, is the U.S. in a recession?
NPR's Leila Fadel talks to Raphael Bostic, president of the Federal Reserve Bank of Atlanta, about whether the U.S. is in a recession, and how people are being affected by inflation.
News brief: monkeypox cases rise, flooding and climate change, economy slows
How is the White House dealing with growing monkeypox cases? Climate change is making rain more common and driving dangerous floods. Tech companies say they're bracing for tough economic times.
A new report on the economy is fueling recession fears
How are people coping at a time when the economy is struggling? The U.S. economy contracted for the second-straight quarter, which traditionally signals a recession is underway.
Inflation and climate change tackled in new Senate deal that Biden calls 'historic'
"It's a big deal," President Biden said of the Senate Democrats' bill, called the Inflation Reduction Act, at the White House Thursday.
Biden adviser Gene Sperling sees U.S. hope and resilience despite shrinking economy
NPR's Mary Louise Kelly speaks with White House senior adviser Gene Sperling about Thursday's new GDP numbers and the health of the U.S. economy.
U.S. economy just had a 2nd quarter of negative growth. Is it in a recession?
GDP shrank for a 2nd quarter in a row. While two consecutive quarters of negative growth is often considered a recession, it's not an official definition. Parts of the economy are clearly struggling.
GDP report will give clues as to whether the U.S. is in a recession
The federal government is releasing its latest update on the U.S. economy. But numbers showing negative growth in the second quarter of the year will add to fears that a recession is underway.
Another big Fed rate hike is here to battle inflation. Economy hangs in balance
U.S. Federal Reserve raises rates for fourth time in 2022, this time by another three-quarters of a percentage point to battle inflation. It's at a size and pace we haven't seen since the 1980s.
News brief: Federal Reserve, Dr. Caitlin Bernard, Russia cuts gas supplies
The Fed is expected to hike interest rates Wednesday. An Indiana doctor says she's been harassed for giving an abortion to a 10-year-old who had been raped. Russia cuts gas supplies to Europe.