Apr 04 Escalating trade dispute between U.S., China heightens global concerns By Joe McDonald and Paul Wiseman, Associated Press After the United States unveiled plans to impose tariffs on $50 billion in Chinese imports Tuesday, China lashed back within hours, matching the American tariffs with plans to tax $50 billion of U.S. products, including soybeans and small aircraft. Continue reading
Apr 03 Trump administration proposes tariffs on $50 billion in Chinese imports By Paul Wiseman, Associated Press The move is the latest in a series of aggressive actions the administration has taken to combat what it calls unfair trade practices by China and other countries. American businesses worry that the administration's moves will draw painful retaliatory sanctions. Continue reading
Apr 03 As the markets swing, should you be freaking out about your 401K? By Daniel Bush A sustained period of stock market volatility could impact the retirement savings accounts of millions of Americans. Continue reading
Apr 01 In Iowa’s GOP agriculture epicenter, tariffs spark Trump skepticism By Thomas Beaumont, Associated Press In a dominantly Republican region in northwest Iowa, there’s a sense of unease that new Chinese tariffs could threaten residents’ livelihood. Continue reading
Mar 30 Analysis: Why access to college depends on where you live By Abigail Wozniak Geographic location is an important factor in determining not just where, but whether, a high school senior goes on to college. Factors like distance act like a price increase that affects some students but not others, regardless of their ability… Continue reading
Mar 30 Why Oklahoma teachers are planning to walk out Monday By Vic Pasquantonio Oklahoma legislators passed a tax increase for the first time since 1990 on Wednesday, which gave teachers a pay raise in hopes of averting a walkout. Teachers say they still plan to walk out of school on April 2. Continue reading
Mar 29 Watch 8:43 How to make big money in the sneaker business By Paul Solman For the love of sneakers, a billion-dollar secondary market has bloomed, where collectors buy and sell rare kicks for hundreds or even thousands. Economics correspondent Paul Solman profiles two so-called “sneakerheads”: one a major collector and brand ambassador who’s turned… Continue watching
Mar 29 Is increasing income inequality a fact or a myth? By Paul Solman A new academic paper making the rounds of the economics profession contradicts conventional wisdom: that incomes of the top 10 percent, 1 percent and especially the tippy-top .1 percent, have been pulling away from the rest of Americans. Continue reading
Mar 28 Watch 3:52 News Wrap: U.S., South Korea reach new trade deal By PBS News Hour In our news wrap Tuesday, the U.S. and South Korea have reached a new trade agreement, which will double American auto exports to the South. President Trump had called the existing deal a job killer. Also, Poland signed a major… Continue watching
Mar 28 Who will care for you when you are elderly and frail? You should plan now By Philip Moeller Looking at the rising numbers of older citizens who will need care, and the shrinking numbers of younger people available to care for them, it has been clear for a long time that we are heading toward a serious shortage… Continue reading