Economy

Economy

Economists Are Uneasy About 2 Lagging Key Indicators

8:30am July 27, 2018

Despite low unemployment, the United States economy isn't in the clear. The personal savings rate and real wages, which are waged adjusted for inflation, are not as good as they could be.

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An employer in Indiana is piloting a program that offers a path to employment after failing a drug test.

Now Hiring: A Company Offers Drug Treatment And A Job To Addicted Applicants

5:06am July 27, 2018

by Yuki Noguchi

Like many employers, Belden couldn't find enough workers for its Indiana factory. So it started a first-of-its-kind program which pays for drug treatment to job applicants failing drug tests.

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As Trade War Continues, North Carolina Farmers Get Caught In The Middle

5:00am July 27, 2018

by Sean Bueter

North Carolina farmers are waiting to see what will happen as a trade war between the U.S. and the rest of the world plays out.

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Warren Buffett speaks onstage during Fortune's Most Powerful Women Summit, in October 2015.

Economy

When Oracles Err

6:47pm July 26, 2018

Three legends in their respective fields, three disastrous investment mistakes.

Economy

Facebook Loses More Than $100 Billion In Value In Worst Stock Market Wipeout In History

6:30pm July 26, 2018

by Alina Selyukh

Tech stock strength has fueled most of the market growth this past year, which is why so many people were shocked when Facebook's stock fell sharply. At the same time, Amazon is on track to become the world's first trillion-dollar company by market value.

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Former IMF Economist Discusses Challenges Of Zero Tariffs

4:16pm July 26, 2018

NPR's Ailsa Chang speaks with Simon Johnson, former chief economist for the International Monetary Fund, about President Trump's plan to remove tariffs and trade barriers with the European Union.

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Alexandria Ocasio-Cortez appears on The Late Show with Stephen Colbert in June.

What You Need To Know About The Democratic Socialists Of America

3:09pm July 26, 2018

The group has watched its membership grow more than sevenfold in three years, and New York congressional candidate Alexandria Ocasio-Cortez has pushed the group even further into the limelight.

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Workers weld drawers on the assembly line at the Metal Box International toolbox factory in Franklin Park, Ill. Many analysts estimate that U.S. economic growth picked up in the second quarter.

How Fast Did The Economy Grow? Forecasts Are All Over The Place

2:01pm July 26, 2018

by Jim Zarroli

President Trump is eager to tout a fast-growing economy, boosted by the tax cuts he pushed through Congress. That makes Friday's report on gross domestic product a highly anticipated news event.

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In Maine, a teenager serves ice cream at a Dairy Queen for the summer. But data show teens' participation in the labor force is on the decline, and it has been for decades.

No Teen Lifeguard On Duty: Summer Jobs Are No Longer An Attraction

10:16am July 26, 2018

by Charlotte Norsworthy

More teens have shifted away from typical summer jobs in recent years, opting to spend time with family instead, or take unpaid internships.

Economy

Facebook Stock Drops After Missing Forecasts

5:15am July 26, 2018

by Laura Sydell

Facebook's user growth and earnings fell short of expectations in a second quarter report, sending its stock prices plunging.

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