U.S. employers added 139,000 jobs in May — a modest slowdown from the previous month. The unemployment rate held steady at 4.2%, as the workforce shrank.
NPR's Steve Inskeep speaks with Sen. Tim Kaine, D-Va., who is also on the Senate Budget Committee, about how President Trump's tariffs will affect the federal budget and the economy.
A forecast from the nonpartisan Congressional Budget Office this week says Trump's tariffs could shave $2.8 trillion off the federal debt over the next decade, if they remain in place.
From space travel to military operations to the future of green energy, the U.S. has become reliant on Elon Musk's business empire. But it won't be easy for the government to end its reliance on Musk.
Trump senior advisor Kari Lake envisions the agency that includes the international broadcaster Voice of America with 81 staffers after mid-August — down from about 1,300 full-time employees and contractors.
Forecasters at the Congressional Budget Office say President Trump's tariffs could shave $2.8 trillion off the federal debt if they remain in place for a decade. That's a big if.
The federal government is scaling back data collection used to calculate the inflation rate because of staff shortages. Economists warn that could make for less accurate cost-of-living measures.
NPR speaks with C-SPAN CEO Sam Feist about the channel's unfiltered coverage of government and about "Ceasefire," a new weekly program he's launching that brings lawmakers to the table.
Tariffs on aluminum and steel imports just doubled, to 50%. Martha Gimbel of Yale's Budget Lab talks about what the tax on foreign metals will mean for Americans looking to buy cars and canned goods.
The Congressional Budget Office projected President Trump's tariffs could raise trillions of dollars over the next decade — but they could also lead to higher inflation and slower economic growth.