Some major fireworks displays are canceled again this year — some over wildfire concerns amid dry weather and others because of enduring pandemic-related staffing and supply chain issues.
NPR's Ailsa Chang talks to Josh Bivens from the Economic Policy Institute about what's really behind high prices and supply issues contributing to inflation.
The clock ran out on Russia's payments. But there's a twist: Russia does not consider itself in default because the country has the money, just its payments have been blocked by Western sanctions.
A decade after China's global infrastructure program started, the U.S., G7 countries and private capital will invest in clean energy, technology and other projects in developing countries.
Many people are getting hurt financially because mortgage rates rose sharply while they were waiting for their new homes to be built. And now it's hard or impossible to buy them. Share your story.
Inflation has reached levels not seen since 1981. Could the Federal Reserve have acted sooner? One former Fed official points to some human errors he says led to the inflation mess we're in today.
At the last G-7, President Biden announced a plan for the West to counter China's influence in low- and middle-income countries. But not much has happened since. This year, there's a relaunch.
The chairman of the Federal Reserve acknowledges combating inflation with higher interest rates could lead to a recession. He argues a bigger risk would be to let high inflation become entrenched.