ECONOMY

Economy

Republican Governors In 25 States End Jobless Aid Early

6:05am June 14, 2021

More than 300,000 people have lost their pandemic unemployment benefits. GOP governors in more than two dozen states ended jobless aid ahead of schedule — in an effort to push people back to work.

Economy

Pandemic Benefits Created Hiring Issues, Tennessee Restaurant Owner Says

6:05am June 14, 2021

NPR's Steve Inskeep talks to Peter Demos, a restaurant owner in middle Tennessee, who says extended federal unemployment has made it difficult to staff his restaurants.

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G-7 Summit: Leaders Discussed Building A Fairer Post-Pandemic Economy

4:29pm June 11, 2021

by Frank Langfitt

Members of the G-7 began their first summit-level meeting in two years in Cornwall, England, on Friday. They spent the afternoon discussing how to build back a fairer post-pandemic economy.

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Economy

Price Increases May Continue For A Few More Months, Ex-Fed Official Says

8:26am June 11, 2021

NPR's Sarah McCammon talks with Donald Kohn, former vice chair of the Federal Reserve Board of Governors, about the latest economic data on inflation, and the outlook for the economy.

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Used cars sit on the sales lot at Frank Bent's Wholesale Motors in El Cerrito, Calif., on March 15. Supply chain snarls and pent-up demand are driving up the prices of a lot of things, including new and used cars.

Inflation Is Surging. The Price Of A Toyota Pickup Truck Helps Explain Why

5:14pm June 10, 2021

by Scott Horsley

The Labor Department says consumer prices jumped 5% for the 12 months ending in May. That's the sharpest increase in nearly 13 years, as the economy rebounds from the pandemic recession.

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Inflation Climbs Even Higher With Prices Rising 5% In May

4:28pm June 10, 2021

by Scott Horsley

Consumer prices are climbing at the fastest pace in nearly 13 years as the U.S. recovers from the pandemic recession. Prices rose 5% in May. Authorities say this inflation spike will be temporary.

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Mehran Mossaddad is a single dad who drives Uber for a living. But when the pandemic hit, he stopped because he couldn't leave his daughter home alone. He fell behind on rent and is facing eviction.

Millions Could Face Eviction With Federal Moratorium Ending And A Logjam In Aid

1:41pm June 10, 2021

by Chris Arnold

Congress approved $47 billion to help struggling renters avoid eviction. But that money still isn't reaching many who need it. And an eviction moratorium from the CDC expires at the end of the month.

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A freight train rolls through Bay St. Louis. April 27, 2021.

With A Friend In Biden, Amtrak Has Big Dreams. But Freight Lines Have Other Ideas

7:56am June 10, 2021

by Stephan Bisaha

President Biden has aspirations for a new era of train travel. Amtrak supporters hope that a new line between New Orleans and Mobile, Alabama, is just the start. But major obstacles stand in the way.

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Economy

Labor Department Keeps Watch On Inflation With Consumer Price Index

5:59am June 10, 2021

by Scott Horsley

The Labor Department reports on the latest inflation data on Thursday. It comes after the consumer price index rose 4.2% in April from a year ago — the highest in more than a dozen years.

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Inflation Has Surged From The Pandemic Recession — But That Isn't Stopping Buyers

6:49pm June 09, 2021

by Scott Horsley

The price of cars is climbing fast. So is the price of gasoline. The Labor Department may also offer its own version of sticker shock when it reports on the rise in consumer prices Thursday.

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