Economy

Economy

Why The Stock Market Soared In 2017

8:15am December 29, 2017

by Jim Zarroli

Stock prices boomed this year all over the world, including the United States. It was the best year for the market since 2013. But many market-watchers say prices have probably topped off for a while.

Queue Listen Now

Economy

Lexington Fire Rocks Timeline For Entertainment District

7:41am December 29, 2017

by Paul Garber

Lexington City Manager Alan Carson says he didn't think much of the small plumes of smoke coming from the former Lexington Home Brands plant one night during the week before Christmas.

Nonprofit Expands To Include Program For Low-Income Mothers And Their Daughters

5:00am December 29, 2017

by Bethany Chafin

A new program starting in January will focus on helping low-income single mothers and their daughters break the cycle of poverty.

Queue Listen Now

Damaged furniture and personal belongings sit in front of a flooded home in September in Richwood, Texas. Several months after Hurricane Harvey hit southern Texas, residents are still navigating the long recovery process.

In Houston, Thousands Remain Displaced As Harvey Recovery Continues

6:06pm December 28, 2017

by Samantha Raphelson

Thousands of residents are still living in hotels and rental housing while they await insurance money to help them rebuild homes that were flooded in Hurricane Harvey this summer.

Making ice wine requires the grape to be picked and pressed at below-freezing temperatures, like in this vineyard in southern Germany. So, only a few places in the world — mainly Canada and Germany — produce it. But now, vineyards in frigid parts of t

Economy

New York Vineyard Takes A Risk On Ice Wine For A Sweet Reward

11:56am December 28, 2017

by David Sommerstein (NCPR)

Most of the ice wine in the Unites States comes from Canada and Germany. But now, American wineries in places like upstate New York and Michigan are also starting to produce some of their own.

Queue Listen Now

The White House Wants To Overhaul Entitlements

8:15am December 28, 2017

Overhauling entitlements could mean cuts to Medicaid, which serves more than 70 million Americans. Noel King talks to Caroline Pearson of Avalare Health about the potential impact of cuts.

Queue Listen Now

Mexican Peso Falls To Its Lowest Level Since March

6:06am December 28, 2017

by Carrie Kahn

Mexican consumers are feeling the pinch as the national currency continues to struggle against the dollar. Worries over the U.S. corporate tax cut seem to have dealt the latest blow to the currency.

Queue Listen Now

President Trump talks with journalists at the White House after signing the tax overhaul into law on Friday.

The Tax Law's New Way Of Measuring Inflation Could Take A Toll On Taxpayers

5:29pm December 27, 2017

by Jim Zarroli

The tax overhaul uses an alternative measure of inflation that will show less upward pressure on prices. That means tax brackets will adjust upward less often, making many people pay more.

Queue Listen Now

Economy

Our Indicators Of The Year

4:02pm December 27, 2017

Despite all the protectionist rhetoric, global trade grew really quickly this year. Also: a crazy, 80-year ride from sun god to TMI.

Economy

New Tax Overhaul Law Has Serious Implications For Nonprofits

8:38am December 27, 2017

Noel King talks to Larry Lieberman of the organization Charity Navigator, who explains why the increase to the standard deduction could cause a drop in charitable giving.

Queue Listen Now