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Professional gamblers, like sports bettors, rely on high volumes of play and statistical probability to generate thin profit margins. But they could lose out on their ability to make a living.
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Republicans in Congress and the White House want to regulate cryptocurrency, in particular, a form called stablecoin, as the cryptocurrency industry becomes a force in big money donations.
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Seesawing tariffs and turbulent financial markets are playing out on social media feeds, impacting the multibillion-dollar influencer industry in what could be a new recession indicator. -
Which everyday item prices are likely to be affected by tariffs first, and how can people prepare? NPR's Sarah McCammon speaks with Bloomberg's Stacey Vanek Smith.
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President Trump's tariffs are starting to show up in the prices that consumers pay. That contributed to an uptick in inflation last month and will make the Fed cautious about cutting interest rates.
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Economists had cautioned that President Trump's tariffs would impact inflation.
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Consumer prices were up 2.7% from a year ago — a larger annual increase than the month before. -
In this season of Planet Money Summer School, our free economics course for your ears is tackling the biggest economic player of them all: the government. -
President Trump's tariffs are almost "tailor-made" to hit the goods that lower income households prefer to purchase, says economist Ernie Tedeschi of Yale's nonpartisan Budget Lab. -
In states without policies to drive renewable energy, power prices could surge as federal tax incentives for clean energy disappear, according to Energy Innovation, a think tank. -
Among the Triad locations impacted by the closure is the Hekman Furniture Co. warehouse in Lexington. Howard Miller Co. acquired Hekman in 1983. -
The Fed's $2.5 billion headquarters renovation is attracting mounting criticism from the Trump administration, which had been already attacking the central bank for not cutting interest rates.
