News
The U.S. economy grew robustly as Americans continued to spend
2+ hour, 4+ min ago (195+ words) The U.S. economy grew robustly in July, August and September, powered by steady consumer spending, especially on health care. The gross domestic product " the broadest measure of the nation's economic activity " for the third quarter grew at an annual rate of…...
The Fed is expected to cut rates. And, Afghan CIA fighters feel abandoned by the U.S.
1+ week, 6+ day ago (616+ words) The divided Federal Reserve is considering cutting interest rates today. And, Afghans in the U.S. who fought for the CIA say they feel abandoned by the agency. - On Air Now Playing WRVO-3: BBC World Service The Fed is expected to cut…...
Give thanks for the discounts: the feast will cost a little less this year
4+ week, 1+ day ago (643+ words) Here's something to be thankful for: The price of turkey and stuffing is down from this time last year. That's welcome news to Kayla Jenkins, who's hosting 10 people for dinner on Thursday. "Only 10," she says with a laugh. "I'm the…...
Report shows Thanksgiving dinner costs down this year
1+ mon, 2+ day ago (257+ words) While the prices at the grocery store may be staggering, there's a sliver of good news this Thanksgiving. A Wells Fargo report shows even though the cost of food is up, the price of a Thanksgiving dinner is down about…...
Shutdown has already delayed the jobs report. More critical reports could be held up
2+ mon, 2+ week ago (768+ words) For economists who follow the job market, the first Friday of the month is usually like Christmas morning. That's when the Labor Department ordinarily delivers its closely-watched report on jobs and unemployment. But the first Friday of October brought nothing…...
The U.S. economy rebounds to 3% growth in second quarter — but tariffs skew picture
4+ mon, 3+ week ago (254+ words) The U.S. economy grew this spring after a slowdown earlier in the year. The nation's gross domestic product " the broadest measure of economic activity " grew at an annual rate of 3% in April, May and June, according to a report Wednesday from…...
Tariffs are a tax. Are you already paying it?
5+ mon, 6+ day ago (145+ words) It's been over three months since President Trump announced very big across-the-board tariffs on imports from nearly every territory on Earth'including uninhabited islands. It's a move he said would revitalize the U.S. economy. Since that splashy White House announcement, the tariff…...
Why the Federal Reserve's building renovations are attracting the White House's ire
5+ mon, 1+ week 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…...
A Planet Money guide to 5 fascinating new econ papers
5+ mon, 2+ week ago (1277+ words) The economics world has countless people doing fascinating research, and as much as we try at Planet Money, there's a lot of stuff that we don't end up covering. So periodically, we like to do a little roundup of interesting…...
A thought experiment on how to fix the national debt problem
5+ mon, 2+ week ago (258+ words) There's an economic fantasy you sometimes hear in D.C. It often gets trotted out when politicians are trying to add billions or trillions to the national debt. They claim that all the new spending " whether it's tax cuts or corporate subsidies…...