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Money

A parent shops for school supplies deals at a Target store
NPR
Economy
Income Inequality
K-12
National

Binders, backpacks… and inflation are on this year’s back-to-school shopping list

This year's back-to-school shopping season lands in the middle of the highest inflation in four decades — how will this affect spending?

3 years ago

The Mega Millions lottery jackpot is advertised outside a smoke shop
Income Inequality
National
Personal Finance

Winning lottery jackpot is lucky for some, tragic for others

The latest winner of a big jackpot came Friday, when a single ticket sold in Illinois matched the numbers for a $1.337 billion Mega Millions prize.

3 years ago

Homeownership feels out of reach for many Americans. (Seth Wenig/AP)
NPR
Business
Housing
National
Personal Finance

As interest rates rise, the ‘American dream’ of homeownership fades for some

Rising interest rates and fierce competition are pushing many potential homeowners out of the market.

3 years ago

A sign displays the Mega Millions lottery jackpot in Detroit, Friday, July 29, 2022. (AP Photo/Paul Sancya)
National
Personal Finance

Ticket bought in Illinois wins $1.28B Mega Millions jackpot

A lottery official says there is one winning ticket and it was purchased at a store in the Chicago suburb of Des Plaines.

3 years ago

File photo: A sign for New York Stock Exchange is displayed on the floor at the NYSE in New York, Wednesday, July 27, 2022. (AP Photo/Seth Wenig, File)
Business
Economy
National

Stocks rally again, close out best month since Nov. 2020

Stocks have gained momentum this month, fueled by better-than-expected corporate earnings and falling bond yields.

3 years ago

A man stares down at his cellphone as the stock exchange building in New York is visible in the background.
Economy
Employment
National

Stocks decline as GDP report raises fears of recession

Stocks are falling early Thursday as investors react to news that the U.S. economy shrank for a second consecutive quarter.

3 years ago

File photo: Federal Reserve Chairman Jerome Powell speaks to the Senate Banking, Housing and Urban Affairs Committee, as he presents the Monetary Policy Report to the committee on Capitol Hill, on June 22, 2022, in Washington. (AP Photo/Manuel Balce Ceneta, File)
Business
Economy
National

Fed unleashes another big rate hike in bid to curb inflation

The central bank’s decision follows a jump in inflation to 9.1%, the fastest annual rate in 41 years.

3 years ago

A health insurance claim form
NPR
Health Care
National

Health insurance prices for care are now out there, but finding them is an ordeal

A dump of tens of thousands of colossal digital files from a single insurer is not unusual, and it'll be weeks before data firms can put the information in a usable format.

3 years ago

The Mega Millions lottery jackpot is advertised outside a smoke shop
National

The Mega Millions jackpot is now over $1 billion

The new estimated jackpot will be the nation’s fourth-largest lottery prize.

3 years ago

Demonstrators rally against anti-abortion and voter suppression laws at the Texas State Capitol, with one sign visible reading ''Stand with Texas Women''
NPR
Business
National
Public Health

Corporate America reckons with its role in reproductive rights

As more companies offer to cover travel expenses for abortion care, corporate America still has its own issues to address.

3 years ago

Strike authorization votes being counted at Unite Here Local 54 in Atlantic City. (P. Kenneth Burns/WHYY)
Business
Employment
New Jersey

Workers at Golden Nugget and Resorts vote to authorize a strike

About 1,000 workers at the Golden Nugget and Resorts casinos have authorized a strike. One will happen if a new labor deal is not reached.

3 years ago

U.S. Treasury Secretary Janet Yellen attends a meeting in Seoul, South Korea on Tuesday. She spoke to Morning Edition about some of the initiatives she's been promoting on her trip overseas. (Chung Sung-Jun/Getty Images)
NPR
Business
International
Taxes

Yellen believes U.S. will get on board with global minimum corporate tax — eventually

Treasury Secretary Janet Yellen is wrapping up a weeklong trip to the Indo-Pacific, her first since taking over the role.

3 years ago

Members of Local 54 of the Unite Here casino workers union picket outside the Tropicana casino
Business
Employment
New Jersey

Workers at five Atlantic City casinos cash in on new four-year deal

Workers at five of Atlantic City’s largest casinos have approved a new contract that gives them a “significant” raise.

3 years ago

A man stands, speaking, in the foreground of the photo, with a red car and the American flag visible behind him.
Economy
Personal Finance
Technology

Crypto plunge is cautionary tale for public pension funds

The plunge in prices for Bitcoin and other cryptocurrencies provides a cautionary tale for the few public pension funds that have dipped their toes into the crypto pool.

3 years ago

Close-up of Elon Musk speaking at the SATELLITE Conference and Exhibition March 9, 2020 in Washington.
Business
Technology

Musk abandons deal to buy Twitter; company says it will sue

Musk’s tumultuous $44 billion bid to buy Twitter is on the verge of collapse — after the Tesla CEO sent a letter to Twitter’s board saying he is terminating the acquisition.

3 years ago

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