ECONOMY

Despite Tumultuous Stock Market, Some Economists Say Inflation Threat Is Exaggerated

by Jim Zarroli

The economic expansion has come with high corporate profits, but barely any wage growth. Now, markets are in a tizzy over a a recent bump up in wages. But Germany has an even tighter job market without higher inflation, and one measure of job market tightness — the number of people who quit jobs to take new ones — remains low.
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It's been a volatile week on the floor of the New York Stock Exchange, and Friday was no exception.

Stocks End Tumultuous Week On An Up Note

by Avie Schneider

The Dow rebounded Friday, closing up more than 300 points. But the index lost about 5 percent for the week as the markets focused on inflation and ballooning government debt.

Overseas Markets Decline

Markets across Europe and Asia have been following Wall Street with major losses this week. NPR's Steve Inskeep talks with journalist Liam Halligan.