Economy

Kevin Scott, a South Dakota farmer and secretary of the American Soybean Association, welcomed the deal to replace NAFTA because it preserved the market access established under the previous agreement.

From The Front Lines Of NAFTA, More Relief Than Rejoicing

6:32am October 08, 2018

by Camila Domonoske

The new deal to replace NAFTA includes modernizations and improvements. But the biggest benefit, for many sectors, is simply that there is a deal — reducing the uncertainty of previous months.

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Economy

2 American Economists Win 2018 Nobel Memorial Prize In Economics

6:32am October 08, 2018

by Nick Fountain

Economists William Nordhaus and Paul Romer will share the prize for reshaping the understanding of the long-term determinants of economic growth, the Royal Swedish Academy of Sciences said.

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Amazon Employees Consider Consequences Of Company's MInimum Wage Hike

5:25pm October 06, 2018

by Alina Selyukh

This week, Amazon announced it would raise the minimum wage for 350,000 of its workers — but some employees have mixed feelings.

A Mobil gas station in Haverhill, Mass. in 1999.

It's Been 25 Years Since The Federal Gas Tax Went Up

9:02pm October 05, 2018

by David Schaper

The tax remains 18.4 cents a gallon. Yet, the cost of building and maintaining roads, bridges and transit keeps going up — leaving the highway trust fund running on empty.

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Economy

Who's Hiring?

5:14pm October 05, 2018

Today on the Indicator: stolen jobs-day trends ... from our clever jobs-day friends!

Economy

U.S. Unemployment Hits Lowest Rate In Nearly 50 Years

5:00pm October 05, 2018

by John Ydstie

A jobs report released by the government on Friday showed unemployment falling to 3.7 percent — the lowest rate in nearly 50 years.

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Toyota says it will use a software update to fix an issue with some Prius models, saying certain conditions could result in their unexpectedly stalling. Here, a Prius is seen during a test drive in Tokyo in 2011.

Toyota Recalls More Than 800,000 Prius Vehicles In U.S.

2:33pm October 05, 2018

by Bill Chappell

The recall addresses the way the cars respond if their hybrid systems run into problems. They're designed to enter a fail-safe or "limp home" driving mode, but in certain conditions they can stall.

A worker installs a door on a 2018 Ford F-150 truck at an assembly plant in Dearborn, Mich., on Sept. 27. The U.S. unemployment rate fell to 3.7 percent in September, a nearly 50-year low.

U.S. Unemployment Rate Drops To 3.7 Percent, Lowest In Nearly 50 Years

11:13am October 05, 2018

by Avie Schneider

The jobless rate last month was the lowest since 1969, though the economy added a less-than-expected 134,000 jobs, the Bureau of Labor Statistics said. Wage growth slowed to a 2.8 percent rate.

The Reverend David K. Brawley is one of the leaders of East Brooklyn Congregations, which put together the Nehemiah housing plan. They continue to build houses today.

Economy

The American Dream: One Block Can Make All The Difference

11:25pm October 04, 2018

by Jasmine Garsd

Is geography destiny? It goes against the core idea of the American dream, but a new online data tool says where you were born and raised actually makes a huge difference — down to the very block.

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(L-R) Mexico's Secretary of Economy Ildefonso Guajardo Villarreal, Canada's Minister of Foreign Affairs Chrystia Freeland, and United States Trade Representative Robert E. Lighthizer.

Economy

What Comes Afta NAFTA

5:08pm October 04, 2018

The US-Mexico-Canada trade agreement keeps in place the basic NAFTA framework, with a few twists.