Economy

U.S. Secretary of Education Miguel Cardona has led the department through a massive FAFSA overhaul mandated by Congress about three years ago.

A new FAFSA setback means many college financial aid offers won't come until April

10:50am January 31, 2024

by Cory Turner

The department needs extra time to fix a mistake that could have hurt lower-income borrowers, but the delay means all students will have to wait longer for their college aid offers.

The Groundlings opened a new facility in West Hollywood, California, in 2016.

Economy

Up First briefing: Fed weighs cutting interest rates; 50 years of Groundlings comedy

7:48am January 31, 2024

by Rachel Treisman

A Federal Reserve meeting ending today could offer clues about potential interest rate cuts in the future. The Groundlings improv and sketch group celebrates 50 years as an incubator for comedy stars.

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Economy

Morning news brief

5:12am January 31, 2024

Qatar's prime minister sounds a cautious note on a possible Gaza cease-fire and hostage deal. The Federal Reserve weighs when to cut interest rates. Electric vehicle sales are slowing down.

How the liquidation of one of China's largest companies threatens its entire economy

4:43pm January 30, 2024

A Hong Kong court has ordered the liquidation of China's largest real estate developer. NPR's Ari Shapiro discusses impacts in China and abroad with Atlantic Council Senior Fellow Dexter Roberts.

A UPS e truck is parked on a street in New York on May 11, 2023. On Tuesday, the company said it will cut 12,000 jobs.

Economy

UPS is cutting 12,000 jobs just months after reaching union deal

10:35am January 30, 2024

by The Associated Press

UPS will cut 12,000 jobs and released a revenue outlook for this year that sent its shares down sharply. CEO Carol Tome said that the job cuts will produce $1 billion in cost savings.

At a partially operating Evergrande commercial complex in Beijing on Monday, a man walks past a map of China that shows Evergrande's commercial complexes throughout the country. Evergrande was once listed as the world's most valuable real estate company, but on Monday, a Hong Kong court ordered it to be liquidated.

Here's what to know about the collapse of China's Evergrande property developer

5:00am January 30, 2024

by Scott Neuman

In 2018, Evergrande was listed as the world's most valuable real estate company. But on Monday, a Hong Kong court ordered it to be liquidated.

IRS commissioner says he wants taxpayers to have options for this filing season

5:44pm January 29, 2024

NPR's Ari Shapiro speaks with Danny Werfel, commissioner of the Internal Revenue Service, about this year's tax filing season and the future of the IRS.

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In western Arizona, Ivan Bender, a Hualapai tribal member, points to an area, bordering Hualapai land, where an Australian mining company is exploring for lithium - a key metal in electric vehicle batteries.

Demand for minerals sparks fear of mining abuses on Indigenous peoples' lands

5:00am January 29, 2024

by Julia Simon

There's a growing demand for minerals as the world ramps up manufacturing of climate solutions. Experts say more than half of these mining projects are on or near lands of Indigenous peoples.

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Residents walk through a partially shuttered Evergrande commercial complex in Beijing, Monday, Jan. 29, 2024.

Hong Kong court orders China's Evergrande, which owes $300 billion, to liquidate

3:51am January 29, 2024

by The Associated Press

China Evergrande is one of the biggest Chinese developers that have collapsed under pressure to rein in surging debt the ruling Communist Party views as a threat to China's slowing economic growth.

The Greyhound bus station in Richmond, Va., sits on prime real estate. Developers now plan to raze it and build apartment towers and retail space. It's one of many bus stations being shut down.

Economy

Greyhound stations were once a big part of America. Now, many of them are being shut

3:23pm January 28, 2024

by Scott Horsley

Greyhound bus stations are being shut down and redeveloped. The closures are leaving passengers without a warm place to get a snack, use the restroom or wait for the bus.

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