The Federal Reserve is cracking down hard on inflation, in hopes of avoiding a repeat of the 1970s, when price hikes were so sustained, they got baked in to people's thinking.
Inflation watchdogs are acting to rein in runaway prices. They're hoping to avoid a re-run of the 1970s, when inflation went unchecked for so long it became harder to get prices under control.
As travel restrictions ease in Japan, the country's ancient former capital, Kyoto, is anticipating a return of tourists. But it may not be enough to save the city from its financial difficulties.
The number of women in the workforce has finally returned to pre-pandemic levels, which is good for the economy. But after time away from the job market some women are reassessing their priorities.
The volatility in U.S. markets is rocking stock, bond and currency trading in other countries. Many blame the Federal Reserve for the wild swings.
Yellen says the Biden administration is emphasizing action on climate change to make a more resilient American economy. What does that look like for the future of infrastructure and spending?
NPR's Ailsa Chang talks with U.S. Treasury Secretary Janet Yellen about the Biden Administration's plans to help the economy absorb supply shocks, which economists think will become more frequent.
The U.S. dollar is the strongest it has been in 20 years. As it strengthens, other currencies — like the pound — weaken. That's good news for U.S. consumers and importers but bad news for others.
The British pound weakened to a record-low level against the U.S. dollar as traders and investors continue to react negatively to new plans unveiled by the country's finance minister, Kwasi Kwarteng.
Toyota is donating $1 million for local science and technology education programs as the company makes plans for its electric vehicle battery plant in Randolph County.