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Today, Explained is Vox's daily explainer podcast. Hosts Sean Rameswaram and Noel King will guide you through the most important stories of the day.
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Today Explained

Today, Explained is Vox's daily explainer podcast. Hosts Sean Rameswaram and Noel King will guide you through the most important stories of the day.

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Money

Nozzles pump gas into vehicles at a BP gas station. (Julio Cortez/AP Photo)
Down the Shore
Business
Energy
New Jersey

Gas prices plummet in N.J.

Drivers in New Jersey and across the nation are seeing plummeting gas prices amid concerns over the coronavirus outbreak and "the ongoing crude price war."

7 years ago

After weeks of turmoil over the economic toll of the coronavirus, U.S. stock indexes entered a bear market, signaling an end to their 11-year winning streak. (Jeenah Moon/Getty Images)
NPR
Business
Economy

Dow plunges 2,300 points: Stocks in meltdown as panic selling continues

The blue chip index was down 8%, moving deeper into a bear market after trading was halted temporarily. It continued its dive after Trump's 30-day ban on travel from Europe.

7 years ago

A renewed local focus is obvious on recent covers COURTESY METRO PHILLY / BILLY PENN ILLUSTRATION
Business
Media
Billy Penn

Metro Philly is hiring, rebooting Philadelphia newsroom under new family owners

The expansion bucks the downward trend in local news.

7 years ago

In this Monday, March 9, 2020 file photo, people stop to look at the New York Stock Exchange. Stocks are opening sharply lower on Wall Street Wednesday as fears of economic fallout from the coronavirus outbreak grip markets again.  (Mark Lennihan/AP Photo)
Economy
National

Dow sinks 1,400, or 6.4%, as investors await virus response

Stocks are tumbling again Wednesday, and indexes lost more than 4% to wipe out their huge gains from a day earlier as Wall Street keeps reeling on worries about COVID-19.

7 years ago

Wells Fargo CEO and President Charles Scharf testified during a hearing of the House Financial Services Committee. (Alex Brandon/AP Photo)
NPR
Business
Politics

Wells Fargo CEO: ‘We have not done what’s necessary to address our shortcomings’

Charles Scharf told lawmakers that the company's structure and culture "were problematic." But he projected confidence that it could win back the public's trust.

7 years ago

U.S. stock indexes rose nearly 5% Tuesday, after the market's worst day since 2008. (Richard Drew/AP Photo)
NPR
Business
Economy

Dow bounces back, jumping more than 1,100 points after market’s terrible day

Stock indexes rose nearly 5% after the market's worst day since 2008. The jump followed Trump's call for a payroll tax cut and steps to help the economy amid the epidemic.

7 years ago

A trader reacts on the floor of the New York Stock Exchange on Monday. Major U.S. stock indexes plunged 7% before trading was temporarily halted. (Richard Drew/AP)
NPR
Economy

Dow dives 1,900 points, NYSE halts trading as stock indexes plummet

Trading on the New York Stock Exchange was halted temporarily Monday after indexes plunged 7% in reaction to Saudi Arabia's shocking oil-price cut.

7 years ago

Jen Swails, Pennsylvania budget secretary, testifies before the House Appropriations Committee on March 5, 2020, at the state Capitol in Harrisburg. (Ed Mahon/PA Post)
Pennsylvania
Politics
PA Post

GOP lawmakers criticize overspending for Pa.’s medical assistance programs

Budget hearings concluded this week in Harrisburg and showed how far apart Gov. Tom Wolf and the Republican-controlled General Assembly are on agreeing to a spending plan.

7 years ago

In a photo taken Friday, Jan. 11, 2019, Vince Farias poses for The Associated Press outside one of his vacation rental properties in Surf City, N.J. (Julio Cortez/AP Photo)
New Jersey
Taxes
NJ Spotlight

N.J. property taxes bounced back in 2019

The average New Jersey property-tax bill increased by nearly $200 last year as the rate of growth also picked up in 2019 compared to the last few years.

7 years ago

 KENNEY: BASTIAAN SLABBERS / WHYY
Philadelphia
Politics
Billy Penn

Philly’s $5B budget: Tracking the increase over 10 years

Recent surpluses probably won’t carry the city through a recession.

7 years ago

Philadelphia Mayor Jim Kenney addresses the crowd at The Met after he was sworn in to his second term as mayor. (Emma Lee/WHYY)
PlanPhilly
Philadelphia
Politics

Education, labor, and alleviating poverty: A look at Kenney’s 2020 budget proposal

The mayor’s plan doesn’t call for any new tax increases, but it does call for almost $170 million more spending than last year. 

7 years ago

South Korean army trucks spray disinfectant as a precaution against the coronavirus on a street in Ulsan, South Korea, Tuesday, March 3, 2020. China's coronavirus caseload continued to wane Tuesday even as the epidemic took a firmer hold beyond Asia, with three countries now exceeding 1,000 cases and the U.S. reporting its sixth death. (Kim Young-tae/Yonhap via AP)
Economy
Public Health

Virus spread prompts Fed to cut rates in emergency move

The Federal Reserve cut its benchmark interest rate by a sizable half-percentage point Tuesday in an effort to support the economy in the face of the spreading coronavirus.

7 years ago

Woman, wearing face masks, travel on a public bus in a street in western Tehran, Iran, Saturday, Feb. 29, 2020. (Vahid Salemi/AP Photo)
Economy
International
Public Safety

Virus’ effect on world economy grows more alarming

Concerns about the coronavirus outbreak's threat to the world economy grew Saturday.

7 years ago

A protester holds a sign reading
NPR
Business
Environment

Better late than never? Big companies scramble to make lofty climate promises

Pressure is mounting on CEOs as people sounds the alarm about the climate crisis. Some companies are responding, but even ambitious targets won't be enough on their own.

7 years ago

Traders work during the opening bell at the New York Stock Exchange on Friday. Losses on Wall Street deepened following a bruising open, as global markets were poised to conclude their worst week since 2008 with another rout. (Johannes Eisele/AFP via Getty Images)
NPR
Business
Economy

Wall Street’s brutal week, with Dow slashing nearly 3,600 points

Stocks took another steep dive Friday, deepening a multi-day rout fueled by fears about the coronavirus' impact on the global economy.

7 years ago

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