News
When the penny dropped for capitalism
22+ hour, 59+ min ago (141+ words) In this telling, the Industrial Revolution was not the origin of capitalism but its most important offspring. British textile industrialization, especially in cotton, rested on centuries of global trade, imperial expansion and violence. The book also challenges the popular belief…...
Why prices won't drop after the Trump tariff ruling, according to economists
2+ week, 3+ hour ago (808+ words) Consumers likely won't see cheaper prices at the grocery store or shopping mall, economists say, despite the Supreme Court striking down many of President Trump's tariffs. There are a couple reasons why: For one, the president has many tools to…...
Fool's gold or golden opportunity: What's happening with the Midas metal?
2+ week, 21+ hour ago (262+ words) The rise of the price of gold over the last 12 months has been breathtaking " but also a little frightening. The rocketing cost of the precious metal has become a referendum on how investors see what could become a shaky global…...
How rising beef prices are affecting Oklahoma ranchers
2+ week, 4+ day ago (80+ words) The number of cattle in the U.S. has reached a low not seen since 1951. NPR's Scott Simon speaks with Zach and Kacie Scherler-Abney, ranchers in Oklahoma, about the challenges of the cattle industry. How rising beef prices are affecting Oklahoma ranchers…...
Dallas Fed: Texas will see slight job growth in 2026 after flat 2025
1+ mon, 5+ day ago (457+ words) Texas will see job growth of little more than 1% in 2026 after flat job growth in 2025, according to a top official at the Federal Reserve Bank of Dallas. That's nearly 155,000 jobs this new year compared to only about 11,000 jobs created last…...
The Federal Reserve's independence is under threat. Why does that matter?
1+ mon, 4+ week ago (107+ words) The Federal Reserve's independence is under threat. Why does that matter?Texas Public Radio | TPR The Federal Reserve's independence is under threat. Why does that matter? Federal Reserve Chair Jerome Powell says the threat of criminal charges against him is…...
Inflation cools slightly in November as worries about affordability grip Americans
2+ mon, 3+ week ago (531+ words) The cost of living continued to climb in November " though a little less than two months ago " as 7 in 10 Americans say they're barely able to pay their bills. Consumer prices in November were up 2.7% from a year ago, according to…...
Jobs Report offers mixed picture of the economy
3+ mon, 2+ week ago (74+ words) U.S. employers added 119,000 jobs in September, but hiring was weaker than expected. That's according to a new report from the Labor Department, which was delayed because of the government shutdown. Jobs Report offers mixed picture of the economy U.S. employers added 119,000 jobs…...
Americans could see a big sticker shock for Thanksgiving turkeys this year
3+ mon, 3+ week ago (366+ words) Americans will likely face higher prices on items for their Thanksgiving dinners this year. Turkey, typically the centerpiece of the Thanksgiving meal, will be one of the biggest sticker shocks for consumers. Wholesale prices for a turkey have jumped 40% from…...
Your artificial Christmas tree will cost more this year, thanks in part to tariffs
3+ mon, 3+ week ago (372+ words) According to the American Christmas Tree Association, 83% of households who plan on displaying a Christmas tree in 2025 will choose an artificial one. But this year, not even holiday cheer is safe from economic tensions, as tariffs and supply chain pressures…...