Economy

Traders at the New York Stock Exchange on Friday. The Dow Jones industrial average fell 666 points amid signs that interest rates are heading higher.

Economy

Dow Drops 666 Points In Sharp Sell-Off

7:07pm February 02, 2018

by Avie Schneider

Major stock indexes dropped sharply Friday; the Dow Jones industrial average tumbled 2.6 percent amid signs that wage growth is picking up. It was the Dow's worst weekly performance in two years.

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Stock Market Sees Its Worst Weekly Performance In 2 Years

5:34pm February 02, 2018

by Jim Zarroli

The stock market took a big dive on Friday amid growing worries about inflation. The Dow Jones industrial average fell about 666 points, or 2.54 percent. The market saw its worst weekly performance in two years.

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According to a recent NPR/Marist poll, 30 percent of Americans do something else for pay in addition to their full-time jobs.

When A Full-Time Job Isn't Enough To Make It

4:29pm February 02, 2018

by Emily Sullivan

An NPR/Marist poll finds that 30 percent of Americans do something else for pay in addition to their full-time jobs. But those extended workdays can mean giving up an important social support system.

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After Hitting Record Low In December, African-American Unemployment Rate Rises

4:29pm February 02, 2018

by John Ydstie

U.S. employers added 200,000 jobs to payrolls in January, a big improvement from December. The Labor Department report, released Friday morning, showed unemployment unchanged at 4.1%. But there was one surprise: African-American unemployment shot up after hitting a record low in December.

Economy

How Are They Doing Now?

4:18pm February 02, 2018

by Cardiff Garcia

We look at three groups that got hammered especially hard during the recession and ask: How are they doing now?

Construction workers work on a building on the west side of Manhattan on Tuesday in New York. The rise in employment was driven by the construction industry, restaurants, health care and manufacturing, all sectors that added jobs last month.

Economy

U.S. Economy Added 200,000 Jobs In January; Wages Rose

12:05pm February 02, 2018

by Camila Domonoske

The monthly report from the Bureau of Labor Statistics shows continued growth in jobs, with the unemployment rate holding steady at 4.1 percent. Wages rose at their highest rate since June 2009.

Trunk Bay on St. John. The U.S. Virgin Islands were hit hard by Hurricanes Irma and Maria. Tourism — a large part of the economy — declined as a result, but people are starting to return.

Visitors Slowly Returning To Virgin Islands After Hurricanes' Destruction

10:26am February 02, 2018

by Greg Allen

With tourism way down after Hurricanes Irma and Maria, the Virgin Islands have lost their main economic engine at a time when it's most needed. But recovery is gradually happening.

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Economy

What America Sells To The World

4:00pm February 01, 2018

by Cardiff Garcia

U.S. exports include airplanes, education and lots of blood.

A volunteer from the non-profit Accion Solidaria organizes imported medicines alphabetically, in a store room in Caracas, Venezuela, last April. The Pharmaceutical Federation of Venezuela estimates the country is suffering from an 85 percent shortage of m

Venezuela's Health Care System Ready To Collapse Amid Economic Crisis

3:21pm February 01, 2018

by Samantha Raphelson

The Pharmaceutical Federation of Venezuela estimates the country is suffering from an 85 percent shortage of medicine amid an economic crisis also marked by severe hyperinflation and food scarcity.

Economy

The Federal Reserve Is About To Get A New Chief

9:10am February 01, 2018

Steve Inskeep talks to David Wessel director of the Hutchins Center at the Brookings Institution about Janet Yellen's legacy, and challenges facing the incoming Federal Reserve Chairman Jay Powell.

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