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Economy

A woman carries a piece of wood as she walks outside through the entrance of a damaged house.
Community

Destruction everywhere, help scarce after Afghanistan quake

Villagers see destruction everywhere and help in short supply days after an earthquake devastated a remote region of southeast Afghanistan and killed at least 1,150 people.

1 day ago

President Biden sits in a chair on the left, with Germany's Chancellor Olaf Scholz sits in a chair on the right, appearing to be listening to President Biden as he talks.
Politics & Policy

Biden urges Western unity on Ukraine amid war fatigue

President Joe Biden is praising the global alliance confronting Russia over its war in Ukraine.

1 day ago

A pedestrian passes the New York Stock Exchange, Monday, Jan. 24, 2022, in New York. (AP Photo/John Minchillo)
Money

Stocks rally, driving Wall Street to a rare winning week

Stocks rallied on Wall Street Friday, sending the S&P 500 up 3.1% for its best gain in two years.

3 days ago

The interior of the N.J. Statehouse
Politics & Policy

Spending N.J.’s $9 billion budget surplus: GOP says it’s been shut out of the process

Republicans want to do more with the state’s unexpected surplus. They’ve proposed tax relief called “Give It Back”: $4 billion in rebates to 4 million residents.

4 days ago

A sign at the Juneteenth Festival in Kentucky reads
NPR
Community

Companies are selling Juneteenth branded products. Here’s why that’s a big problem

Brands and companies are working to remove their Juneteenth items from shelves, as experts say those who are selling Juneteenth-branded products are "tone-deaf."

1 week ago

Federal Reserve Chairman Jerome Powell attends a news conference following an Open Market Committee meeting, at the Federal Reserve Board Building, Wednesday, June 15, 2022, in Washington. (AP Photo/Jacquelyn Martin)
Radio Times

Fed rate hike and recession worries

The Federal Reserve raised interest rates a surprising .75% to try to tame record high inflation. Is it too little, too late? And will slowing inflation trigger a recession?

Air Date: June 16, 2022 10:00 am

Listen 49:44
File photo: Federal Reserve Board Chair Jerome Powell speaks during a news conference at the Federal Reserve, Wednesday, May 4, 2022 in Washington. (AP Photo/Alex Brandon, File)
Money

Fed attacks inflation with its largest rate hike since 1994

The move the Fed announced after its latest policy meeting will increase its benchmark short-term rate, which affects many consumer and business loans.

2 weeks ago

Travelers queue up in long lines to pass through an airport security checkpoint
NPR
Money

Summer air travel could be expensive and chaotic. Here’s how to avoid trouble

Air travel demand is back to pre-pandemic levels, while fares are soaring. Staffing shortages leave airlines with little wiggle room when bad weather hits.

2 weeks ago

The National Labor Relations Board is holding a hearing to consider Amazon's objections to the union election at a warehouse on Staten Island. Amazon is seeking a new election. (Johannes Eisele/AFP via Getty Images)
NPR
Community

Amazon seeks to overturn historic Staten Island union victory at labor hearing

A hearing is underway to consider whether the Amazon Labor Union's historic union victory on Staten Island should stand — or whether a re-do election is warranted.

2 weeks ago

A pedestrian passes the New York Stock Exchange, Monday, Jan. 24, 2022, in New York. (AP Photo/John Minchillo)
Money

Wall Street enters a bear market as the S&P 500 dives 3.9%

Wall Street entered a bear market Monday as the S&P 500 sank 3.9%, bringing it more than 20% below the record high it set in January.

2 weeks ago

President Joe Biden speaks at a podium.
Politics & Policy
6abc

President Biden to visit Philadelphia on Tuesday, speaking at AFL-CIO convention

The convention brings 57 unions together to debate, vote on resolutions and chart the course for the labor movement's future.

2 weeks ago

(Wikimedia Commons)
Community
Billy Penn

The Philadelphia Quaker who invented modern work’s relentless drive for efficiency

Frederick Taylor began experimenting with “scientific management” at Nicetown’s Midvale Steel.

2 weeks ago

A gas pump is seen at a Chevron gas station on June 9 in Houston, Texas. Gas prices nationally hit an average of $5 a gallon, according to AAA. (Brandon Bell/Getty Images)
NPR
Money

Gas hits $5 a gallon for the first time. Here’s how it got here and what’s ahead

Gasoline has become more expensive given that oil prices have surged as the world recovers from the pandemic. Russia's invasion of Ukraine has also made things worse.

2 weeks ago

View of an empty shelf in a grocery store where usually baby formula products are available.
Politics & Policy

New baby formula plant gets another $8 million from Pa.

The new funding comes amid a nationwide shortage of infant formula.

2 weeks ago

A shopper pushes their shopping cart in a grocery store, with fresh produce visible in the background.
NPR
Money

Inflation soars to an over 40-year high. These are the ways Americans are coping

Consumers are watching their pennies at the gas station and grocery store as prices soar, but continue to spend freely in other areas by tapping savings or credit cards.

2 weeks ago

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