Nov 28 Settle In with Andrew Ross Sorkin By Amna Nawaz Wall Street titans, politicians and a stock market astrologer star in financial journalist Andrew Ross Sorkin's new book, "1929." In this episode of Settle In, Sorkin talks with Amna Nawaz about what led to the crash, what we can learn… Continue reading
Nov 26 Watch 4:09 The factors influencing turkey prices this Thanksgiving By Tim McPhillips Inflation, tariffs and bird flu are all playing a role in how much you'll be paying for your holiday meal this year. PBS News digital video producer Tim McPhillips spoke with a food economist to break down the costs. Continue watching
Nov 26 Sellers in other countries struggle to maintain U.S. customers as holiday shopping season starts By Mae Anderson, Associated Press Small businesses are struggling to adapt since the U.S. ended the "de minimis" exemption on Aug. 29, which allowed imports under $800 to be tariff-free. Continue reading
Nov 26 Weekly unemployment filings drop in a sign that layoffs continue to stay low By Christopher Rugaber, Associated Press The number of people seeking unemployment benefits is seen as a proxy for layoffs and is close to a real-time indicator of the health of the job market. Continue reading
Nov 25 Consumer confidence slips as Americans grow wary of high costs and labor market By Christopher Rugaber, Associated Press Consumers were much less confident in the economy in November in the aftermath of the government shutdown and amid weak hiring and stubborn inflation. Continue reading
Nov 25 U.S. retail sales rose modestly in September, as consumers pulled back spending after months of splurging By Christopher Rugaber, Associated Press The retail sales figures suggest that Americans as a whole are still willing and able to boost their spending, a key driver of the economy, despite high prices for groceries, rent, and many imported goods hit by tariffs. Continue reading
Nov 21 FAA pays $10K bonuses only to controllers and technicians with perfect attendance during 43-day shutdown By Josh Funk, Associated Press Only 776 air traffic controllers and technicians who had perfect attendance during the government shutdown will receive $10,000 bonuses while nearly 20,000 other workers will be left out, the Federal Aviation Administration announced Thursday. Continue reading
Nov 21 IRS issues guidance on tax on tips and overtime income for 2025 By Associated Press The IRS says it’s in the process of updating income tax forms and instructions for taxpayers to use this filing season that will assist them in claiming these deductions. Continue reading
Nov 20 Watch 7:52 Delayed jobs report 'definitely complicates' rate cut decision, Chicago Fed president says By Geoff Bennett, Courtney Norris, Nana Adwoa Antwi-Boasiako Job growth was better than expected in September with the best job gains since April, according to the delayed government report. But key data is still missing, and questions remain about the strength of the economy. That uncertainty comes as… Continue watching
Nov 20 Wall Street rallies on AI and interest rate hopes By Stan Choe, Associated Press Not only did Nvidia provide another blockbuster profit report that suggested AI superstar stocks can keep rising, a mixed report on the U.S. jobs market kept alive hopes that the Federal Reserve can deliver more cuts to interest rates. Continue reading