Economy

July prices give hope the economy may come under control without going into recession

4:39pm August 10, 2023

Gas and groceries got more expensive in July, but the price of most other goods was down. The Federal Reserve may be able to bring inflation under control without tipping the economy into recession.

A sign points visitors toward the financial services department at Grady Memorial Hospital, in Atlanta.

Getting clear prices for hospital care could get easier under a proposed rule

10:50am August 10, 2023

by Julie Appleby

The Biden administration wants hospitals to do more to make their prices understandable, so that consumers know in advance what a health care service will cost them.

Annual inflation accelerated slightly in July, although the uptick was modest and within expectations.

Economy

Inflation got a little higher in July as prices for rent and gas spiked

8:55am August 10, 2023

by Scott Horsley

Consumer prices rose 3.2% in July from a year ago, up slightly from the 3% annual rise see in June — but still within analyst expectations

3 scenarios for what could come next when new inflation numbers are released tomorrow

5:41pm August 09, 2023

by Keith Romer

Ahead of tomorrow's new inflation report, our Planet Money teams looks at three different scenarios for what could come next for the US economy.

Economy

Klaussner Home Furnishings closure impacts 945 employees in Randolph County

3:52pm August 08, 2023

by David Ford

After decades of operation, Klaussner Home Furnishings is shuttering its doors. Klaussner began operation in 1963 and grew to become one of the largest wood products producers in North America.

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The latest employment data for July is bolstering hopes about the economy after employers continued to add jobs at a solid clip.

The case for a soft landing in the economy just got another boost

4:42pm August 04, 2023

by Scott Horsley

U.S. employers added 187,000 jobs in July, a slower but still solid pace of growth, suggesting the Federal Reserve may be able to curb inflation without triggering a recession.

Economy

Office vacancies are likely on the rise in the Triad

4:26pm August 04, 2023

by David Ford

As businesses adjust to remote work trends, the number of office leases signed has taken a big dip in the Research Triangle, and — to a lesser degree — the Piedmont Triad. This new leasing landscape is forcing builders and would-be renters to adjust.

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U.S. employers added 187,000 jobs in July, still marking a steady pace of growth. The data is likely to reinforce hopes about the economy amid rising expectations for a soft landing.

Economy

The U.S. added jobs at a solid pace in July, reinforcing hopes about the economy

10:56am August 04, 2023

by Scott Horsley

U.S. employers added 187,000 jobs in July, still marking a steady pace of growth. The unemployment rate edged down to 3.5%.

SECU Foundation awards $800,000 to rural nonprofits

10:22am August 04, 2023

by Neal Charnoff

The SECU Foundation is distributing $800,000 in grants to rural nonprofits around the state.

Economy

The strong labor market is a big reason for the resilient economy

7:25am August 04, 2023

NPR's Leila Faded talks to former Labor Secretary Robert Reich about the latest economic reports, and how "Bidenomics" coupled with Fed interest rate hikes helped America stave off a recession.

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