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Economy

Union members picket outside the Philadelphia Museum of Art
Money
Billy Penn

After decades of ‘quiet fleecing,’ Philadelphia could lead a workers’ revolution

Electing sympathetic policymakers is one way to make change. Organizing is the other.

4 years ago

FILE - People wait in a TSA line at the John F. Kennedy International Airport in New York, Tuesday, June 28, 2022. With summer vacations winding down, airlines are counting on the return of more business travelers to keep their pandemic recovery going into fall 2022. Air travel in the United States, bolstered by huge numbers of tourists, has nearly recovered to pre-pandemic levels. Business travel, however, remains about 25% to 30% below 2019 levels, according to airlines and outfits that track sales. (AP Photo/Julia Nikhinson, File)
Politics & Policy

White House: New rule will show ‘true cost’ of plane tickets

The proposed rule would help consumers save money up front and encourage more competition among airlines to offer better fares.

4 years ago

Traders work on the floor of the New York Stock Exchange on September 21, 2022 in New York City. Stocks dropped in the final hour of trading after Federal Reserve Chairman Jerome Powell announced that the Federal Reserve will raise interest rates by three-quarters of a percentage point in an attempt to continue to tame inflation.
(Michael M. Santiago/Getty Images)
NPR
Money

Stock markets drop as Wall Street takes a gloomy view of the economy

The Dow dropped more than 450 points to close at the lowest level since November 2020.

4 years ago

Renovations continue on the Marriner S. Eccles Federal Reserve Board Building on September 19, 2022 in Washington, DC. The Federal Open Market Committee (FOMC) concluded its two-day meeting on interest rates this afternoon. (Kevin Dietsch/Getty Images)
NPR
Money

Fed orders another super-sized interest rate hike as it battles stubborn inflation

The Federal Reserve raised interest rates by another 0.75 percentage points today, as it tries to control runaway prices.

4 years ago

A woman holds a phone up to her ear while looking at a laptop screen outside of a storefront.
Money

As small businesses raise prices, some customers push back

Inflation isn’t only costing small businesses money. It’s costing them customers as well.

4 years ago

A person speaks at a microphone with people cheering behind him.
NPR
Community

Quiet quitting, real quitting, unionizing — what else are American workers up to?

How we work, when we work, how much we work – it's all shifting on a scale not seen in decades.

4 years ago

A black-and-white photo shows pictures of men in 1930s attire holding picket signs.
Community
Billy Penn

Born of one garbage strike and shaped by another, Philly has one of the oldest municipal workers unions in the country

With over 9,000 current members, the American Federation of State, County, and Municipal Employees District Council 33 is one of the largest unions in Philly.

4 years ago

New Jersey Statehouse in Trenton. (Emma Lee/WHYY)
Politics & Policy

As New Jersey examines wealth disparities, advocates say reparations should be on the table

The median wealth for white families in New Jersey was $352,000 in 2021. It was only $6,100 for Black families and $7,300 for Latino families.

4 years ago

President Joe Biden speaks about student loan debt forgiveness in the Roosevelt Room of the White House, Wednesday, Aug. 24, 2022, in Washington. Education Secretary Miguel Cardona listens at right. (AP Photo/Evan Vucci)
Radio Times
Politics & Policy

Biden’s student loan forgiveness plan

President Biden's plan to provide relief to borrowers of federal student loans has been met with celebration and condemnation. Too far, too little, overreaching and unfair?

Air Date: August 31, 2022 10:00 am

Listen 49:31
Student loan borrowers stage a rally in front of The White House on Aug. 25 to celebrate President Biden cancelling student debt. The plan has sparked heated debate, including about its economic fairness. (Paul Morigi/Getty Images for We the 45m)
NPR
Politics & Policy

Is it fair to forgive student loans? Examining 3 of the arguments of a heated debate

Biden's plan to forgive hundreds of billions of dollars in student debt will help millions, but it's also raising concerns about inflation, fairness and tuition costs.

4 years ago

People smile in a store.
NPR
Money

These are some of the ways inflation is changing Americans’ spending habits

From Walmart to the neighborhood supermarket, retailers across the country are having to adjust as Americans watch their pennies in the face of high inflation.

4 years ago

Cheryl Lozada (right) with her husband, Tom, and daughter, Leah, on the beach in Wildwood, N.J. on August 10, 2022. Lozada said she and her family have been vacationing here since Leah was a toddler adding that they were going to come regardless of the cost. (P. Kenneth Burns/WHYY)
Community

Inflation and gas prices aren’t deterring Jersey Shore visitors this summer

Despite high gas prices and inflation, Jersey Shore towns are still seeing crowds so far this summer, and expect that trend to linger the rest of the season.

4 years ago

Listen 4:15
Pa. Attorney General and gubernatorial candidate Josh Shapiro criticized his opponent's stance on labor unions during a campaign stop on Aug. 18, 2022. (Cory Sharber/WHYY)
Politics & Policy

Democratic candidate Josh Shapiro rallies with union supporters during campaign stop

Union supporters held signs and chanted their support for Shapiro’s bid as the race for Pennsylvania Governor nears the final stretch.

4 years ago

House Speaker Nancy Pelosi of Calif., finishes the vote to approve the Inflation Reduction Act in the House chamber at the Capitol in Washington, Friday, Aug. 12, 2022. A divided Congress gave final approval Friday to Democrats' flagship climate and health care bill. (AP Photo/Patrick Semansky)
Politics & Policy

Congress OKs Dems’ climate, health bill, a Biden triumph

“Today is a day of celebration, a day we take another giant step in our momentous agenda,” said House Speaker Nancy Pelosi.

4 years ago

Senate Majority Leader Chuck Schumer of N.Y., speaks during a press conference on the Inflation Reduction Act, Friday, Aug. 5, 2022, on Capitol Hill in Washington. (AP Photo/Mariam Zuhaib)
Radio Times
Politics & Policy

The Inflation Reduction Act: what’s in it and what’s not

With Democrats poised to pass the Inflation Reduction Act, we look at what's in it, what got dumped and why, and how it may impact the economy, healthcare and climate change.

Air Date: August 11, 2022 10:00 am

Listen 49:15
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