Jul 31 Watch 6:08 Today’s kids start lemonade stands with a business plan By Kavitha Cardoza, Education Week It's the American summertime symbol of entrepreneurship: the lemonade stand. It might evoke nostalgic visions, but today nonprofits are using these rites of childhood to nurture budding business skills and entrepreneurial thinking. Special correspondent Kavitha Cardoza of Education Week reports. Continue watching
Jul 31 Want your kids to learn the power of money? Start a lemonade stand By Gretchen Frazee There are strategic ways to use lemonade stands as a way to teach your child key financial concepts while avoiding common pitfalls that can “sour” the experience. Continue reading
Jul 27 Watch 4:47 What the strong economic growth means for average Americans A banner economic report on Friday showed the strongest quarterly growth in the U.S. since 2014. The U.S. gross domestic product grew by 4.1 percent in the second quarter this year, according to the Commerce Department's initial estimate. Amna Nawaz… Continue watching
Jul 27 AP fact check: Trump overstates his claims on the economy By Christopher Rugaber, Associated Press President Donald Trump is prematurely claiming he proved naysayers wrong in boosting U.S. economic growth. Here's a look at his claims. Continue reading
Jul 27 U.S. economy surges to 4.1 percent growth rate in second quarter, but it may slow going forward By Martin Crutsinger, Associated Press The U.S. economy surged in the April-June quarter to an annual growth rate of 4.1 percent. That's the fastest pace since 2014, driven by consumers who spent their tax cuts and exporters who rushed to get their products delivered ahead… Continue reading
Jul 26 WATCH: Trump talks trade in Granite City, Illinois By Associated Press President Donald Trump on Thursday trumpeted the renewed success of an Illinois steel mill, pushing back against criticism that his escalating trade disputes are hurting American workers and farmers. Continue reading
Jul 26 Watch 4:26 Trump touts aid package as farmers fear trade war will cost them President Trump on the road in Iowa and Illinois Thursday touted his support for American farmers, as well as a $12 billion farm aid package to offset tariffs he put on some of America’s biggest trading partners. Trump’s policy has… Continue watching
Jul 26 Watch 8:27 Why does one of the most needed jobs pay so poorly? By Paul Solman With about 10,000 baby boomers retiring every single day, home care is one of the fastest growing, most needed occupations in America. But there's a problem: The current median pay is just $10.49 per hour. Economics correspondent Paul Solman reports… Continue watching
Jul 26 Watch 3:29 How giving people a transaction identity changes lives As a former refugee, Hamse Warfa remembers first-hand being completely excluded from the global economic ecosystem. It's a problem that affects 2.5 billion around the world, but he's now dedicated to ensuring that banking and market systems be inclusive. Warfa… Continue watching
Jul 26 Starbucks, other California companies must pay employees for off-the-clock work, court says By Sudhin Thanawala, Associated Press The ruling came in a lawsuit by a Starbucks employee, Douglas Troester, who argued that he was entitled to be paid for the time he spent closing the store after he had clocked out. Continue reading