Economy

Economy

U.S. employers added far more jobs than anticipated in September

10:48am October 06, 2023

U.S. employers added 336,000 jobs last month — about twice as many as forecasters expected. It's good news for job-seekers, but could complicate the Federal Reserve's efforts to curb inflation.

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Former FTX CEO Sam Bankman-Fried arrives for a bail hearing at Manhattan Federal Court on August 11, 2023 in New York City.

Economy

SBF on trial: A 'math nerd' in over his head, or was his empire 'built on lies'?

11:30pm October 04, 2023

by David Gura

Sam Bankman-Fried's trial in New York kicked off with lawyers from both sides delivering their opening statements, painting him as a villain or as an innocent nerd.

The Forest Service is trying to build affordable housing to keep staff in Colorado

6:29pm October 04, 2023

by Andrew Kenney

The U.S. Forest Service is in charge of millions of acres in Colorado's mountains, but their workers can hardly afford to live there. Now, the service is trying to build more affordable staff housing.

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Ziare Gearring (left) and his grandfather Ricky Brown pose for a portrait outside of their home in Los Angeles. The 65-year-old retired handyman had already been struggling, and taking in three grandsons after his ex-wife's sudden death has put him thousands of dollars behind on rent and utilities.

Los Angeles is using AI to predict who might become homeless and help before they do

3:26pm October 04, 2023

by Jennifer Ludden

L.A. is housing more people than ever, but an even greater number keep falling into homelessness. This first-of-its-kind prevention program calculates who seems most at risk for landing on the street.

Ciara Imani May founded Rebundle, a Missouri company that makes biodegradable hair extensions.

Any job can be a climate solutions job: Ask this teacher, electrician or beauty CEO

1:05pm October 04, 2023

Some "climate jobs" are obvious. Others, not so much. So we talked to three people whose jobs address climate change in unexpected ways.

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Student loans for parents can be a debt trap. But there's a loophole

5:00am October 04, 2023

by Cory Turner

Until July 2025, parent PLUS borrowers can paperwork their way into a kinder, gentler repayment plan.

Why oil prices are relatively high right now

5:54pm October 03, 2023

by Camila Domonoske

Global crude oil prices seemed to be rising inexorably toward $100 a barrel — but then they pulled a U-turn. Meanwhile the oil industry is deeply divided on what the future looks like

Most Supreme Court justices seemed inclined to uphold how CFPB is funded

5:34pm October 03, 2023

by Nina Totenberg

The Supreme Court heard arguments Tuesday in a case that targets the validity of the Consumer Financial Protection Bureau.

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Consumer advocates warn about consequences of weakening the CFPB

4:37pm October 03, 2023

A case now before the Supreme Court could dramatically weaken the Consumer Financial Protection Bureau. The challenge was brought by payday lenders.

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Treasury Secretary Janet Yellen speaks at an event on the one-year launch of the Pandemic Fund, in New York City on Sept. 19.

Janet Yellen says a government shutdown would add to risks of a recession

3:18pm September 30, 2023

by David Gura

Treasury Secretary Janet Yellen is sounding the alarm about the damage a government shutdown could do to the U.S. economy. "It's really reckless and will impose immediate harm," Yellen told NPR.