ECONOMY

Trump's Proposed Budget Gives Up Fight Against Deficit Spending

5:05pm February 13, 2018

by Marilyn Geewax

President Trump is proposing a budget plan that gives up the fight against deficit spending, which has long been a Republican goal. But Trump's budget concedes that goal; tax revenues will not catch up to spending as far as the eye can see.

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News

Eric Tomlinson, Head of Wake Forest Innovation Quarter, Announces Departure

4:21pm February 13, 2018

by Sean Bueter

One of the driving forces behind the Wake Forest Innovation Quarter in Winston-Salem is stepping down.

A young man uses heroin under a bridge in the Kensington section of Philadelphia, a neighborhood that has become a hub for heroin use. The economic costs of the epidemic are mounting, researchers say, as the U.S. loses more and more workers in their prime

Cost Of U.S. Opioid Epidemic Since 2001 Is $1 Trillion And Climbing

1:05pm February 13, 2018

by Greg Allen

Economists tracking federal mortality data say the opioid crisis is undercutting the productivity of people in their prime working years — 30s and 40s.

President Trump is unveiling his 2019 fiscal year budget proposal on Monday.

Trump Offers Spending Blueprint, But Congress Already Wrote The Check

10:38pm February 12, 2018

by Scott Horsley

President Trump has unveiled his spending priorities Monday, calling for more spending on the military, border security and the opioid crisis.

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Traders work on the floor of the New York Stock Exchange moments before the Closing Bell on Feb. 8 in New York City.

Stock Market Swings May Rock More Minds Than Wallets

5:17pm February 12, 2018

by Asma Khalid

Many consumers will watch to see where the market swings this week. Few take a direct financial hit when the markets fall, but that can still affect attitudes about the economy — and the president.

Trump To Unveil Long-Awaited $1.5 Trillion Infrastructure Plan

10:46pm February 11, 2018

by David Schaper

The proposal is expected to shift much of the funding burden onto states and local governments. Critics say that will lead to higher state and local taxes and an increased reliance on user fees.

All About The Deficit

8:02am February 11, 2018

by Scott Horsley

Congress' two-year budget deal includes spending increases for the military, domestic programs and disaster relief. But it might also bring back trillion dollar annual deficits.

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A Republican Case For Supporting A Budget-Busting Spending Bill

6:13pm February 10, 2018

Congress passed a budget deal this week to avert a government shutdown. NPR's Michel Martin speaks with Republican Congressman Bill Flores of Texas about why he voted for the budget.

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Police investigate a car stopped in front of a security gate this week outside City Hall in New York. Douglas Schifter, a longtime New York City livery driver, took his life in front of City Hall.

Driver's Suicide Highlights 'Race To The Bottom' In Cab Industry, Union Director Says

2:52pm February 10, 2018

by Scott Simon

NPR's Scott Simon talks with Bhairavi Desai, executive director of the New York Taxi Workers Alliance, about a driver's suicide and the financial challenges drivers face in a changing economy.

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Economy

The Stock Market's Week

8:02am February 10, 2018

Wages are up but stocks are on a roller coaster. NPR's Scott Simon talks with former Obama administration economist Jason Furman.