ECONOMY

President-elect Donald Trump pauses for photographs with investor Wilbur Ross at the Trump National Golf Club in Bedminster, N.J., on Nov. 20. Trump plans to nominate Ross to serve as commerce secretary.

5 Questions About Donald Trump's Cabinet Picks And His Economic Plan

7:41pm December 01, 2016

by John Ydstie

Key economic players Steve Mnuchin and Wilbur Ross, nominees for Treasury and Commerce respectively, are Wall Street veterans. Does their selection match up with Donald Trump's populist message?

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Donald Trump clearly knows the manufacturing numbers; here, he shows a graph on manufacturing while speaking during an April campaign event in Wisconsin.

Carrier Will Keep 1,000 Jobs In U.S., But Trump Faces A Much Tougher Problem

4:11pm December 01, 2016

by Danielle Kurtzleben

Like President Obama, Trump must deal with the millions of old-school, middle-skill jobs, like manufacturing, that just aren't coming back.

Poles Return To A Taste Of Their Communist Past: Cheap Milk Bars

10:42am December 01, 2016

by Joanna Kakissis

Subsidized greasy-spoon diners called milk bars thrived in Poland in the communist era. Their numbers have dwindled, but Poles are once again embracing them for cheap comfort food.

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Trump's Ties To Deutsche Bank Present Possible Conflict Of Interest

5:06pm November 30, 2016

NPR's Audie Cornish talks to Jesse Eisinger, a senior reporter for ProPublica covering Wall Street, about Trump's connections to Deutsche Bank.

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Postelection Stock Market Rise Shocks Prominent Economists

5:06pm November 30, 2016

by Chris Arnold

Before the election, two prominent economists were predicting that the stock market would fall 12 percent lower if Trump won versus Clinton. But, as it often does, the market surprised everybody and went in the other direction.

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Trump Strikes Deal With Carrier To Keep Jobs In U.S.

5:06pm November 30, 2016

by Annie Ropeik

Carrier says it will keep about 1,000 jobs in Indiana instead of shifting production to Mexico. Donald Trump repeatedly singled out Carrier during his campaign and made stopping the move a priority. Now there is great interest in how Trump and Vice President-elect Mike Pence persuaded the company to reverse its decision.

U.S. Expected To Forgive At Least $108 Billion In Student Debt

5:06pm November 30, 2016

A report released Wednesday by the Government Accountability Office says the U.S. is on track to forgive at least $108 billion in student debt. This is due to the number of people who have enrolled in plans the Obama administration promoted to help borrowers avoid default. The GAO report finds the Education Department also understated the cost of these plans. NPR's Ari Shapiro talks to Danielle Douglas-Gabriel of The Washington Post.

Juana Rivera (left) speaks with agent Fabrizzio Russi about buying insurance through the Affordable Care Act in Miami in 2014.

Millions Of People Are Having An Easier Time Paying Medical Bills

4:37pm November 30, 2016

by Alison Kodjak

The number of people who say they are struggling to pay medical bills has dropped by 13 million in the past five years, a study finds. An improving economy and the Affordable Care Act are why.

Trump's 'Interventionist Approach' To Economic Policy Presents Consequences

4:29pm November 30, 2016

In light of Trump's deal with Carrier to keep jobs in the U.S., NPR's Ari Shapiro talks to Edward Alden, senior fellow with the Council on Foreign Relations and author of Failure to Adjust: How Americans Got Left Behind in the Global Economy, about the consequences of federal government intervention in the private sector.

Mohamed Hamel (from left), the chairman of the OPEC Board of Governors; Mohammed Bin Saleh al-Sada, president of the OPEC conference; and OPEC Secretary General Mohammed Barkindo at a meeting of OPEC in Vienna on Wednesday.

OPEC Agrees To First Cut In Oil Production Since 2008

3:09pm November 30, 2016

by Bill Chappell

With the cut, OPEC's production will drop by 1.2 million barrels daily to 32.5 million barrels. The deal takes effect at the start of 2017.