Economy

The UAW is asking to bring back pensions. This economist says it's not a good idea

5:10pm September 15, 2023

NPR's Mary Louise Kelly speaks with economist Allison Schrager about why she thinks the UAW is wrong about asking to bring back the old-fashioned pension plan.

'Policymakers need to do their job too': Pediatrician's view on child poverty rate

4:59pm September 14, 2023

NPR's Ari Shapiro talks with pediatrician Megan Sandel about the on-the-ground impacts of child poverty.

How a UAW strike would impact the economy

4:45pm September 14, 2023

by Scott Horsley

Unionized autoworkers are threatening to go on strike at midnight if no deal is reached with the Detroit carmakers. At first, economic fallout would be limited, but the costs would add up.

Autoworkers are set to strike if their contract demands aren't met by midnight

4:40pm September 14, 2023

by Camila Domonoske

The UAW and the Detroit automakers have just hours to reach tentative deals before the union will begin targeted strikes.

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After a long lull since 2021, companies from Birkenstock to Instacart are pursuing IPOs. First up is Arm Holdings, a designer of chips, which is making its market debut on Thursday.

Economy

What a crop of upcoming IPOs from Birkenstock to Instacart tells us about the economy

12:18pm September 14, 2023

by David Gura

A crop of IPOs are coming, starting with chip designer Arm, which is making its debut on Thursday. It's another sign of confidence in markets — and the U.S. economy.

More U.S. households now need AC due to climate change — but some can't afford it

6:55pm September 13, 2023

by Aaron Bolton

As the climate changes, places where home air conditioning used to be rare are now seeing a need for artificial cooling. In places like the Rocky Mountains and Pacific Northwest, lives are at stake.

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The Fed won't raise interest rates despite inflation uptick, some economists say

4:37pm September 13, 2023

by Scott Horsley

Inflation picked up a little steam last month, largely as a result of rising gas prices. The Federal Reserve is still expected to hold interest rates steady when policymakers meet next week.

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President Biden tours a shipyard in Philadelphia with two union members on July 20 before giving remarks about unions and clean energy jobs.

Biden loves to talk about unions. But the autoworkers are withholding their affection

3:30pm September 13, 2023

by Tamara Keith

Most of the country's big unions have already endorsed President Biden for reelection. But not the United Auto Workers. A looming strike draws attention to this tension.

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A car accident is cleared at an intersection without power in Charlotte, N.C., on Dec. 24, 2022. Auto insurance costs are soaring — well outpacing overall inflation.

Economy

4 reasons why your car insurance premium is soaring

1:44pm September 13, 2023

by Scott Horsley

The cost of car insurance has jumped more than 19% in the last year, far outpacing overall inflation. There are several reasons why that's happening.

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China's suffering real estate, construction sectors spark fear of economic stagnation

4:39pm September 11, 2023

by Emily Feng

China's post-pandemic recovery fell far short of the mark. Consumers are spending less. Their lack of confidence in the future is feeding a cycle of stagnation.

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