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Money

The economy continued to add jobs at a steady pace last month and the unemployment rate remained low. (Matt Rourke/AP)
NPR
Economy
National

U.S. economy added 157,000 jobs in July; unemployment dips to 3.9 percent

The economy continued to add jobs at a steady pace last month, and the unemployment rate remained low.

7 years ago

Apple, the world's most valuable publicly traded company, became first to reach the milestone $1 trillion market value. (Don Emmert/AFP/Getty Images)
NPR
Business
Technology

Apple becomes world’s 1st private-sector company worth $1 trillion

Apple's share price reached an all-time high above $207 on Thursday.

7 years ago

Led by Chairman Jerome Powell, the Federal Reserve held steady with no rate increase, but it is expected to raise rates twice more by the end of the year. (Alex Wong/Getty Images)
NPR
Economy
National

Saying economy is strong, fed keeps interest rates unchanged for now

The Federal Reserve on Wednesday held off on raising its key interest rate, which plays a role in loans to consumers and businesses.

7 years ago

A 1040 U.S. Individual Income Tax Return form for 2018.
NPR
National
Taxes

More taxpayers will owe the IRS in April due to under-withholding, report says

Based on simulations run by the Treasury Department, the GAO says taxes for 30 million Americans are being under-withheld by their employers

7 years ago

(Big Stock photo)

We don’t know for sure how fast the economy’s growing

We are using industrial-age statistics to measure information-age output

7 years ago

Education Secretary Betsy DeVos is proposing new rules to the Borrower Defense program. (Chip Somodevilla/Getty Images)
NPR
Higher Education
National
Politics

DeVos to make it tougher for defrauded students to seek debt relief

The U.S. Education Department is proposing changes to Obama-era rules that offer debt relief for students who were defrauded by their colleges.

7 years ago

U.S. Rep. Brian Fitzpatrick of Pennsylvania's 8th District is co-sponsoring a bill calling for a carbon tax in an effort to cut greenhouse gas emissions. (Emily Cohen for WHYY, file)
Business
Energy
Politics

In rarity for GOP, Fitzpatrick pushes for carbon tax to cut greenhouse gas emissions

Most of the tax revenue would go to the Highway Trust Fund.

7 years ago

Speaking at the White House, President Trump called Friday's report of 4.1 percent economic growth in the second quarter
NPR
Economy

U.S. economy surges to a 4.1 percent growth pace in 2nd quarter

That was nearly double the first quarter rate of 2.2 percent and the strongest pace in nearly four years.

7 years ago

The expansion includes five new mini-casinos, online betting, gambling at truck stops and airports, and more. (AP)

Pennsylvania’s sweeping gambling expansion rolls on

Simultaneously with handling and reviewing mini-casino proposals, the state's collecting applications for internet gaming licenses.

7 years ago

The Dover Downs casino in Delaware is being acquired by a Rhode Island-based gambling company. (AP file photo)
Business
Delaware

Dover Downs plans to join gambling company with casinos in Rhode Island, Mississippi

CEO says proposed merger will mean long-term stability for the casino that's been beset by increased competition from nearby states in recent years.

7 years ago

People cool off in the mister at the Eakins Oval pop-up park. (Emma Lee/WHYY)
PlanPhilly
Music
Performing Arts
Philadelphia
PlanPhilly

Philly hospitality industry doesn’t want Jay-Z’s MIA to go MIA

Mayors get criticized all the time, but it’s not every day the critic is a billionaire rap mogul.

7 years ago

In this Thursday, Feb. 15, 2018 file photo, a woman holds the prescribed medical marijuana product used to treat her daughter's epilepsy after making a purchase at a medical marijuana dispensary in Butler, Pa. Two new studies released on Monday, April 2, 2018 suggest that legalization of marijuana may reduce the prescribing of opioids. (AP Photo/Keith Srakocic)
Business
Economy
WESA

DePasquale, Peduto tout tax windfall from legalizing pot

A federal drug-use survey suggested that 8.38 percent of Pennsylvania’s 9.5 million adults use marijuana at least on a monthly basis.

7 years ago

President Trump looks on as his nominee for Federal Reserve chairman, Jerome Powell, takes to the podium at the White House on Nov. 2. On Thursday, Trump said he is
NPR
National
Personal Finance
Politics

Trump slams interest rate hikes, ignoring hands-off tradition toward Fed

The Federal Reserve got a rare piece of advice from the president Thursday.

7 years ago

Earlier this summer, lawmakers passed their first on-time budget in a number of years. (Matt Rourke/AP Photo)
Pennsylvania
Politics

Report: Pa.’s on-time budget is part of a broader trend

Late budgets have become routine in a number of states since the 2008 recession.

7 years ago

European Union Competition Commissioner Margrethe Vestager held a joint news conference at EU headquarters in Brussels on Wednesday after slapping a record $5 billion antitrust penalty on the U.S. tech giant. (John Thys/AFP/Getty Images)
NPR
Business
International
Technology

EU hits Google with $5B fine for pushing apps on Android users

7 years ago

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