Stock Market Takes A Plunge
After a series of record increases, the stock market took a serious tumble this week. The main cause appears to be new worries about inflation.
ECONOMY
Dow Drops 666 Points In Sharp Sell-Off
Major stock indexes dropped sharply Friday; the Dow Jones industrial average tumbled 2.6 percent amid signs that wage growth is picking up. It was the Dow's worst weekly performance in two years.
Stock Market Sees Its Worst Weekly Performance In 2 Years
The stock market took a big dive on Friday amid growing worries about inflation. The Dow Jones industrial average fell about 666 points, or 2.54 percent. The market saw its worst weekly performance in two years.
When A Full-Time Job Isn't Enough To Make It
An NPR/Marist poll finds that 30 percent of Americans do something else for pay in addition to their full-time jobs. But those extended workdays can mean giving up an important social support system.
After Hitting Record Low In December, African-American Unemployment Rate Rises
U.S. employers added 200,000 jobs to payrolls in January, a big improvement from December. The Labor Department report, released Friday morning, showed unemployment unchanged at 4.1%. But there was one surprise: African-American unemployment shot up after hitting a record low in December.
U.S. Economy Added 200,000 Jobs In January; Wages Rose
The monthly report from the Bureau of Labor Statistics shows continued growth in jobs, with the unemployment rate holding steady at 4.1 percent. Wages rose at their highest rate since June 2009.
Visitors Slowly Returning To Virgin Islands After Hurricanes' Destruction
With tourism way down after Hurricanes Irma and Maria, the Virgin Islands have lost their main economic engine at a time when it's most needed. But recovery is gradually happening.
Eating Wings This Weekend? You Might Have A North Carolina Farmer To Thank
Americans are expected to consume more than 1.3 billion chicken wings this Super Bowl weeken
Venezuela's Health Care System Ready To Collapse Amid Economic Crisis
The Pharmaceutical Federation of Venezuela estimates the country is suffering from an 85 percent shortage of medicine amid an economic crisis also marked by severe hyperinflation and food scarcity.
The Federal Reserve Is About To Get A New Chief
Steve Inskeep talks to David Wessel director of the Hutchins Center at the Brookings Institution about Janet Yellen's legacy, and challenges facing the incoming Federal Reserve Chairman Jay Powell.