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The major factors driving up the cost of food
By: PBS Newshour
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WASHINGTON, D.C. (NPR) — Another report on the pace of inflation in the U.S. is due later this week and there’s some hope that it’s slowing. But most people have… Read More
Why gas prices are rising across the country again
By: PBS Newshour
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WASHINGTON, D.C. (NewsHour) — Major oil-producing countries, including Saudi Arabia and Russia, have announced that they are cutting oil production by 2 million barrels per day. Americans will soon feel… Read More
Biden has $52 billion for semiconductors. Today, work begins to spend that windfall
By: Franco Ordoñez | NPR
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WASHINGTON, D.C. (NPR) — President Biden is heading to an IBM manufacturing plant in Poughkeepsie, N.Y., on Thursday to tout a new $20 billion investment the company is making in… Read More
The markets are down. Here’s how to handle your investments
By: Marielle Segarra | Clare Marie Schneider | NPR
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WASHINGTON, D.C. (NPR) — Have you checked your retirement plan lately? Don’t. Big indices like the S&P 500 and the Russell 1000 just hit 52-week lows. And the Dow fell… Read More
Home prices see biggest drop in 9 years, thanks to higher mortgage rates
By: Chris Arnold | NPR
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WASHINGTON, D.C. (NPR) — Higher mortgage rates are throwing a bucket of ice-water on the super-heated housing market. Home prices in August were down about 6% from their peak in… Read More
Fed orders another super-sized interest rate hike as it battles stubborn inflation
By: Scott Horsley | NPR
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Updated September 21, 2022 at 2:07 PM ET WASHINGTON, D.C. (NPR) — The Federal Reserve ordered another super-sized jump in interest rates today, and signaled that additional rate hikes are… Read More
Americans are paying more and getting less as inflation hits home
By: Scott Horsley | NPR
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WASHINGTON, D.C. (NPR) — Susan Morrison knew something was wrong when she bought a new tub of cottage cheese. “I had an old one in the refrigerator,” Morrison recalls. “I… Read More
Biden says a tentative railway labor deal has been reached, averting a strike
By: Andrea Hsu | NPR
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Updated September 15, 2022 at 8:22 AM ET WASHINGTON, D.C. (NPR) — A strike that could have halted both freight and passenger trains across the country seems to have been… Read More
New Ohio poverty report highlights struggles in employment and child care in wake of COVID pandemic
By: Andy Chow | Statehouse News Bureau
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COLUMBUS, Ohio (Statehouse News Bureau) — Ohio’s poverty rate is at 12.7% — 0.8% higher than the national rate — which researchers say has been a consistent trend for more… Read More
What our shopping choices say about the U.S. economy
By: Alina Selyukh | NPR
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WASHINGTON, D.C. (NPR) — Shoppers are making fewer purchases and fewer trips to stores. But when they do check out at the register, they often spend more, revealing the impact… Read More
These are some of the ways inflation is changing Americans’ spending habits
By: Scott Horsley | NPR
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WASHINGTON, D.C. (NPR) — With inflation near a four-decade high, American shoppers are watching their pennies and adjusting their spending habits – and the businesses that cater to them are… Read More
Climate bill: Could coal communities shift to nuclear?
By: Associated Press
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PROVIDENCE, Rhode Island (AP) — A major economic bill headed to the president has “game-changing” incentives for the nuclear energy industry, experts say, and those tax credits are even more… Read More
Gas prices drop below $4 a gallon. These factors will determine what happens next
By: Arezou Rezvani | NPR
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WASHINGTON, D.C. (NPR) — After months of budget-busting gasoline prices, the national average price of regular gas has dipped below $4. Gas prices dropped to $3.99 on Thursday, down sharply… Read More
Binders, backpacks… and inflation are on this year’s back-to-school shopping list
By: Alina Selyukh | NPR
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WASHINGTON, D.C. (NPR) — Back-to-school shopping for her three children, Stephanie Maddox recently picked up a bottle of hand sanitizer and noticed it was more expensive than she remembered. Then,… Read More
Another big Fed rate hike is here to battle inflation. Economy hangs in balance
By: David Gura | NPR
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Updated July 27, 2022 at 2:01 PM ET WASHINGTON, D.C. (NPR) — With prices rising at their fastest pace in a generation, the Federal Reserve is ratcheting up its fight… Read More
Climate change will add nearly $6 billion to Ohio communities’ budgets by 2050, report says
By: Karen Kasler | Statehouse News Bureau
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COLUMBUS, Ohio (Statehouse News Bureau) — Local governments in Ohio will spend billions of dollars dealing with the varied impacts of climate change by the middle of the century, according… Read More
Online pricing algorithms are gaming the system, and could mean you pay more
By: Ziad Buchh | NPR
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WASHINGTON, D.C. (NPR) — If you’ve shopped online recently, you may have had this experience: You find an item, add it to your cart, and then when you get around… Read More
Ohio leaders say the future of U.S. computer chip manufacturing depends on Congress
By: Andy Chow | Statehouse News Bureau
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COLUMBUS, Ohio (Statehouse News Bureau) — A new spending bill in Congress could send a message to the world that the U.S. is ready to compete for computer chip manufacturing… Read More
American gun violence has immense costs beyond the death toll, new studies find
By: Eric Westervelt | NPR
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WASHINGTON, D.C. (NPR) — On one level, it’s almost impossible to put a dollar figure on lives shattered by gun violence or to try to measure the pain of having… Read More
The Senate is nearing a deal on immigration that could also lower food prices
By: Ximena Bustillo | NPR
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WASHINGTON, D.C. (NPR) — Senate Republicans and Democrats are inching closer to a deal on an immigration bill that farmers say if passed could help reduce food prices in part… Read More
In a turbulent economy, here’s how to weather the inflation storm
By: Dustin Jones | NPR
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WASHINGTON, D.C. (NPR) — Groceries, gasoline, rent and outstanding debts, inflation and painful price hikes have many Americans concerned about their financial present and future. And with fears that a… Read More
What are Ohio economic analysts keeping an eye on as inflation grows?
By: Andy Chow | Statehouse News Bureau
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COLUMBUS, Ohio (Statehouse News Bureau) — Analysts in Ohio are keeping a watchful eye on certain decisions made on the federal level to address the problem of inflation, with the… Read More
The Fed delivers biggest interest rate hike in decades to combat surging inflation
By: Scott Horsley | NPR
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WASHINGTON, D.C. (NPR) — The Federal Reserve escalated its battle against inflation Wednesday, announcing the largest interest rate hike in 28 years as the central bank struggles to regain control… Read More
Inflation is increasing demand at food banks, leading to a struggle to keep shelves stocked
By: Jo Ingles | Statehouse News Bureau
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COLUMBUS, Ohio (Statehouse News Bureau) — As many low-income Ohioans struggle to keep up with the rising price of gas and rent, they are increasingly turning to food banks when… Read More
Inflation soars to an over 40-year high. These are the ways Americans are coping
By: Scott Horsley | NPR
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Updated June 10, 2022 at 9:51 AM ET WASHINGTON, D.C. (NPR) — Clay Watkins loves LaCroix brand sparkling water — especially the watermelon flavor. So the suburban Chicago school teacher… Read More
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