Economy

The current state of China-U.S. relations

6:58pm January 05, 2023

NPR's Mary Louise Kelly talks with Yun Sun, director of the Stimson Center's China program, about the state of relations between the U.S. and China as economic competition ramps up between the two.

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The FTC proposed a new rule banning noncompete agreements. Federal Trade Commission chair Lina M. Khan calls them exploitative and widespread.

Millions of workers are subject to noncompete agreements. They could soon be banned

3:13pm January 05, 2023

by Andrea Hsu

The Federal Trade Commission has proposed a new rule that bans the use of noncompete agreements, calling them an exploitative practice that suppresses wages and hampers innovation.

Employers are struggling to find young workers to take jobs in the skilled trades.

America needs carpenters and plumbers. Try telling that to Gen Z

3:09pm January 05, 2023

by Mary Yang

Baby boomers are aging out of jobs they long dominated like builders, farmers, mechanics Young workers aren't clamoring to take their place.

Amazon on Wednesday announced it is planning to lay off more than 18,000 jobs amid a push to cut costs.

Economy

Amazon CEO says company will layoff more than 18,000 workers

11:37pm January 04, 2023

by Bobby Allyn

The layoffs represent the single largest number of jobs cut at a technology company since the industry began aggressively downsizing last year.

Non-alcoholic beers, wines, and spirits are flooding the market right now

6:52pm January 04, 2023

by Greg Rosalsky

Over the past several years, the business of nonalcoholic beer, wine and spirits has boomed as more people are trying to limit their drinking.

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Why women in India are dropping out the workforce, even as the economy grows

5:38pm January 04, 2023

by Lauren Frayer

As India's economy grows, women are dropping out of its workforce. That's stumped economists. Some say it's a sign of prosperity. In conservative India, if women can afford not to work, they don't.

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How buying a home became a key way to build wealth in America

5:38pm January 04, 2023

Mortgage rates above seven percent and a low supply of homes for sale has made home ownership feel out of reach for many Americans. Yet it remains an important way to build wealth in the U.S.

Economy

Major Winston-Salem developer in dispute with city historic office over signage

3:48pm January 04, 2023

by April Laissle

A major Winston-Salem property developer is in a stalemate with the city’s historic preservation department.

Coinbase is a U.S.-based publicly traded cryptocurrency exchange.

Cryptocurrency giant Coinbase strikes a $100 million deal with New York regulators

2:53pm January 04, 2023

by Giulia Heyward

A review found that the exchange's compliance program violated state laws, making it "vulnerable to serious criminal conduct." It will pay a $50 million fine and spend the rest beefing up oversight.

An activist holds a placard demanding a $15/hour minimum wage and tips for restaurant workers at the House Triangle of the U.S. Capitol in February.

Minimum wage just increased in 23 states and D.C. Here's how much

5:05am January 04, 2023

by The NPR Network

Workers earning minimum wage in 23 states and the District of Columbia got a raise over the New Year's holiday, according to the Economic Policy Institute.