News
State lawmaker calls for investigation into National Grid bills
3+ hour, 17+ min ago (565+ words) In August, the Public Service Commission approved a three-year rate plan request submitted by National Grid. According to a press release from the utility the same month, electricity customers using an average of 625 kilowatt-hours per month would see an estimated…...
How Trump's 'crony capitalism' has shaken up U.S. business
3+ week, 4+ day ago (1391+ words) Updated December 22, 2025 at 1:08 PM EST "When the American government appears to favor a company over rival companies, that distorts the marketplace," says Ann Lipton, a veteran business law expert and professor at University of Colorado's law school. "It means that…...
3 share Nobel Prize in Economics for work on technology, growth and creative destruction
3+ mon, 4+ day ago (369+ words) The Nobel Prize in economics was awarded to a trio of researchers Monday for their work on how cycles of technological innovation feed economic growth. Joel Mokyr of Northwestern University, Peter Howitt of Brown University and Philippe Aghion of the…...
'Inflation refund' checks coming to New Yorkers' mailboxes as soon as next week
3+ mon, 2+ week ago (286+ words) The check is in the mail for millions of New York state tax filers " or at least it will be soon. Gov. Kathy Hochul's administration began mailing out more than 8 million "inflation refund" checks on Friday ranging from $150 to $400. The…...
UMass Amherst Professor Gerald Epstein on Fed Reserve rate cut, implications and unprecedented challenges
3+ mon, 3+ week ago (965+ words) The cut is not as big as what the White House has been calling for, and it comes as the job market struggles and the Trump administration continues to put pressure on the Fed." WAMC spoke with University of Massachusetts…...
As Trump's tariffs take shape, is America really winning?
5+ mon, 1+ week ago (1410+ words) Updated August 4, 2025 at 6:35 PM EDT When it comes to tariffs, President Trump is clear: America is winning. As his administration imposes sweeping tariffs on imports from across the world, Trump argues that the import taxes will make America "GREAT" and…...
Trump keeps pressuring the Fed to cut rates. Here's why its independence matters
5+ mon, 2+ week ago (878+ words) President Trump's tense, televised clash with Federal Reserve Chair Jerome Powell has raised concerns about the central bank's independence ahead of this week's meeting to consider interest-rate adjustments. While Trump isn't the first president to pressure the Fed to cut…...
Trump's tariffs are now fully in effect. Are prices rising? Here's what we know
5+ mon, 2+ week ago (1082+ words) Updated August 7, 2025 at 1:51 PM EDT President Trump's tariffs on foreign goods officially kicked in on Thursday after months of delays. They set the highest import levy since the 1930s, raising the tax on goods from Europe and Japan to 15%, and the…...
Trump says cutting interest rates will make homebuying cheaper. It's not that simple
5+ mon, 3+ week ago (678+ words) Updated July 31, 2025 at 2:43 PM EDT President Trump blames the country's high home prices on one of his frequent targets: Federal Reserve Chair Jerome Powell. Trump argues that the Fed, which sets interest rates that help determine mortgage rates, should lower…...
Why the Federal Reserve's building renovations are attracting the White House's ire
6+ mon, 2+ day ago (749+ words) A multi-billion dollar makeover of the Federal Reserve's offices in Washington, D.C., has become the latest skirmish in an ongoing battle between the White House and the central bank. The cost of the building project has soared from $1.9 billion to $2.5 billion…...