ECONOMY

Friday News Roundup - International

4:12pm July 07, 2017

In a speech in Poland before a two-day "Group of 20" summit in Europe, President Trump makes the case for defending Western civilization against challenges posed by terrorism. And the world responds to North Korea after Pyongyang tests an intercontinental ballistic missile. It's the global edition of the Friday News Roundup.

The GOP health bills would eliminate the 10 percent tax on the use of tanning beds. It was one of more than a dozen taxes introduced as part of the Affordable Care Act.

Who Would Enjoy Tax Breaks Under The GOP Health Care Proposals?

10:43am July 07, 2017

by Julie Appleby

The GOP health bills would eliminate many of the taxes that help pay for coverage under the Affordable Care Act. Wealthy individuals stand to gain the most. And customers of tanning salons.

Part of the gains in the U.S. job market last month came in health care, the Bureau of Labor Statistics says. Here, a nurse screens a patient in Emporia, Va.

222,000 Jobs Added To U.S. Payrolls In June; Unemployment Rate Rises To 4.4 Percent

9:42am July 07, 2017

by Bill Chappell

The U.S. economy added jobs in health care, social assistance, financial activities and mining. But wage growth hasn't topped 4 percent since 2008.

The Office Where Mutilated Money Gets Repaired

7:44am July 07, 2017

by Elizabeth Kulas

When paper money gets mangled, ripped or ruined it is still money, backed by the U.S. government. We visit the room where mutilated money is painstakingly put back together.

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European Council President Donald Tusk (left), Japanese Prime Minister Shinzo Abe (center) and President of the European Commission Jean-Claude Juncker meet at the European Council on Thursday in Brussels.

EU And Japan Strike Trade Deal, Call It 'Strong Message To The World'

4:14pm July 06, 2017

by Merrit Kennedy

The European Union and Japan have reached an agreement in principle for a new free trade deal. It would lower barriers to trade between two of the world's most important economic areas.

NPR journalist Alina Selyukh makes oreshki, a cookie from the former Soviet Union. The walnut-shaped cookies, which have a rich, nutty filling, were popular during a time when people had to make do with limited ingredients.

This Soviet-Era Cookie Is Filled With Sweetness Amid Scarcity

2:56pm July 06, 2017

by Rhitu Chatterjee

With many foods in short supply, Soviet bakers had to be creative. And while the U.S.S.R. is gone now, the walnut-shaped oreshki cookie endures. Russian ex-pat Alina Selyukh shows us how to make them.

A prototype Moby Mart is being tested in Shanghai. Per Cromwell, the project's lead designer, says four to six additional mobile supermarkets are planned in the coming year.

Economy

Too Convenient? A Mobile Supermarket That Comes To You

5:46pm July 05, 2017

by Glenn McDonald

The Moby Mart concept is being tested in China. A 7-Eleven meets driverless tractor-trailer, the store could be summoned by an app and staffed by a holographic clerk. Are we entering WALL-E world?

The 'End Of Loyalty' And The Decline Of Good Jobs In America

2:11pm July 05, 2017

Author Rick Wartzman says that jobs offering security, decent wages and good benefits are becoming harder to find, in part because of automation, globalization and the weakening of unions.

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Why Summer Jobs Don't Pay

9:38am July 05, 2017

by Anya Kamenetz

The minimum wage is flat, college tuition is up and students are broke: Summer jobs just don't have the purchasing power they used to, especially when you look at the cost of college.

Can Cuban Charcoal Turn Up The Heat On U.S.-Cuba Relations?

7:53am July 05, 2017

by Carrie Kahn

Only 2 Cuban exports are allowed to be sold in the U.S. One is coffee, the other is an artisanal charcoal, coveted for its long burning properties. It's also a weed taking over areas of the island.

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