Apr 11 Column: Drug companies try shifting blame for high prices under lawmakers’ scrutiny By Philip Moeller Rising insulin prices are once again shining an uncomfortable spotlight on drug-company CEOs, who have been dutifully taking a public pounding before congressional committees. Continue reading
Apr 11 Watch 6:06 The financial, political and psychological implications of tax reform The deadline for filing your taxes is right around the corner, on Monday, April 15. This is the first year that fully incorporates major updates to the tax code signed into law by President Trump in 2017. Amid the changes,… Continue watching
Apr 11 Watch 3:20 Terrence Davenport on why the gig economy doesn’t work in his town By Steve Goldbloom The gig economy has created many opportunities for securing temporary work with companies like Uber and Taskrabbit. But despite the increased flexibility short-term employment provides, it doesn't pay off for everyone. Social entrepreneur Terrence Davenport, who coaches low-income clients on… Continue watching
Apr 11 How natural disasters can increase inequality By Gretchen Frazee A report from the Urban Institute shows that low-income Americans experience the biggest drop in their credit scores following “medium-sized” disasters. Continue reading
Apr 11 IMF official warns global economy facing various threats By Martin Crutsinger, Paul Wiseman, Associated Press IMF Managing Director Christine Lagarde said that while her agency is forecasting a rebound in growth next year that forecast is "subject to downside risks."… Continue reading
Apr 10 CEOs of big banks defend more resilient financial system since crash By Ken Sweet, Associated Press The heads of seven of the largest banks in the U.S. fielded sometimes contentious questions from a House committee Wednesday, some dealing with current risks to the financial system and other focused on more politically charged topics. Continue reading
Apr 08 WATCH: House Judiciary Committee looks at hate crimes, white nationalism and tech By Barbara Ortutay, Associated Press The Judiciary Committee hearing at 10 a.m. Tuesday follows a series of violent incidents fueled in part by online communication. Watch live in our player. Continue reading
Apr 07 Watch 5:28 Can West Virginia’s pipeline jobs keep youth in the state? By Student Reporting Labs There are thousands of jobs in the oil and gas industry in West Virginia and the recent growth in natural gas pipeline construction is giving young West Virginians economic incentive to stay in the state. But as Student Reporting Labs'… Continue watching
Apr 05 Why cars and produce are taking a hit from Trump’s latest border moves By Gretchen Frazee Trump has backed off threats to close the U.S.-Mexico border immediately, but the uncertainty spurred by his rhetoric and actions have already taken a toll. Continue reading
Apr 05 Why wages are still lagging despite strong job growth By Gretchen Frazee The U.S. economy added 196,000 jobs in March, and the unemployment rate held steady at 3.8 percent. Still, wages only ticked up slightly. Continue reading