Economy

What happens when you're faced with a workforce that seems unwelcoming or even hostile?

Economy

Some Black Americans Turn To Informal Economy In The Face Of Discrimination

7:59pm October 27, 2017

by Sonari Glinton

More than half of black Americans say they've experienced racial discrimination in hiring, promotions and pay, according to a new poll. For some, the answer is to become their own boss.

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U.S. GDP Beats Expectations, Growing At 3 Percent

1:08pm October 27, 2017

by Bill Chappell

Before catastrophic hurricanes hit the U.S., economists had been expecting an even stronger showing for the third quarter.

Sen. John Thune On Republican Tax Plan

8:07am October 27, 2017

NPR's David Greene speaks with Republican Sen. John Thune of South Dakota about why he sees the GOP's tax plan as a priority to help middle-class Americans.

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Economy

How 5 Tech Giants Have Become More Like Governments Than Companies

4:33pm October 26, 2017

New York Times tech columnist Farhad Manjoo warns that the "frightful five" — Amazon, Google, Apple, Microsoft and Facebook — are collectively more powerful than many governments.

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How Important Is It Politically To Keep 401(k) Breaks Unchanged?

12:05pm October 26, 2017

Steve Inskeep talks to Stephen Moore, a Heritage Foundation fellow, about the way forward on the GOP's tax overhaul plan. He's also a former senior economic adviser to the Trump presidential campaign.

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President Trump could ask Janet Yellen to stay on as the Federal Reserve chair, but other names are also circulating.

Next Fed Chair Will Help Determine Pace Of Interest Rate Hikes

6:10pm October 25, 2017

by John Ydstie

President Trump could ask Janet Yellen to stay on as Fed chair, but other names are also circulating. Will the next chief lead the central bank to boost rates more quickly than currently planned?

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Consumer Financial Protection Bureau Director Richard Cordray, shown last October at a panel discussion in Richmond, Va., called Tuesday's vote "a giant setback for every consumer in this country. Wall Street won and ordinary people lost."

Senate Kills Rule On Class-Action Suits Against Financial Companies

5:48pm October 25, 2017

by Scott Neuman

The rule, released by the Consumer Financial Protection Bureau in July, was aimed at "forced arbitration" clauses in consumer agreements with banks and credit card companies.

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In 2012, Republican Gov. Sam Brownback of Kansas pushed reforms through the Legislature that included across-the-board income tax reductions. But rather than boosting the economy, the cuts caused revenues to plummet. Lawmakers now seek to close a $900 mil

As Trump Proposes Tax Cuts, Kansas Deals With Aftermath Of Experiment

5:28pm October 25, 2017

by Samantha Raphelson

In 2012, the Kansas government passed massive tax cuts, which Republican Gov. Sam Brownback promised would deliver "a shot of adrenaline" to the economy. But the experiment did the exact opposite.

Economy

Store No More: A Retail Reality Check

2:54pm October 25, 2017

Everything must go.

There are 767 million people in the world who live in extreme poverty — $1.90 a day or less for daily needs. But you can have more than that and still be considered poor. So the World Bank has now set two poverty lines for middle-income countries.

What's The Meaning Of The World Bank's New Poverty Lines?

1:51pm October 25, 2017

If you live on $1.90 a day or less, the World Bank says you are extremely poor. Two new poverty lines offer a way to measure poverty in middle income countries.