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Economy

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jobmarket

Economy Jan 09

The mounting economic challenges weakening the job market

By Paul Solman, Ryan Connelly Holmes

Science Dec 29

FILE PHOTO: Nvidia's logo is pictured on its facility at the high-tech park at Yokne'am
Watch 8:16
What's next for AI and has its explosive growth in 2025 created a bubble?

This year, the development and spending around artificial intelligence has been perhaps the most significant business and economic story. AI spending is driving one of the most explosive periods for the tech industry and playing a big role in overall…

By Geoff Bennett, Karina Cuevas

World Dec 29

South Africa's sugar farmers face 'double whammy' from Trump tariffs, cheap imports
Young Africans turn to farming as urban life becomes too expensive

Farming has long been seen as low-status work across much of Africa, pushing young people to cities in search of office jobs. But the high cost of living and lack of job opportunities are pushing some youth to give agriculture…

By Mark Banchereau, Associated Press

Economy Dec 24

"We're hiring" sign outside Target store in Encinitas
U.S. unemployment claims dropped again last week, remaining at a historically healthy level

U.S. applications for jobless claims for the week ending Dec. 20 fell by 10,000 to 214,000 from the previous week's 224,000, the Labor Department reported Wednesday.

By Matt Ott, Associated Press

Nation Dec 23

Mother holding newborn baby in arms.
Watch 8:32
How 'Trump accounts' for children work, and who will benefit most

You may have heard about new savings and investment accounts for children known as "Trump accounts." They got a big boost from a philanthropic donation that's among the largest ever delivered directly to Americans. The accounts are expected to open…

By Paul Solman, Ryan Connelly Holmes

Dec 23

U.S. drivers are seeing lower gas prices this holiday season, according to AAA

By Wyatte Grantham-Philips, Associated Press

The national average for unleaded gasoline has stayed below the $3 mark since Dec. 2, falling to its lowest level of about $2.85 a gallon on Monday.

Continue reading

Dec 23

The U.S. stock market had a rocky start to the year, thanks to tariffs and Trump's fight with the Fed. But it's ending on a high note

By Stan Choe, Associated Press

Outside of stocks, bitcoin soared and then swooned and the "queasy" bond market got Trump's attention.

Continue reading

Dec 23

Consumer confidence drops in December to lowest level since U.S. tariffs rolled out in April

By Matt Ott, Associated Press

Write-in responses to the survey showed that prices and inflation remained consumers' biggest concern, along with tariffs.

Continue reading

Dec 23

U.S. economy expands at a surprisingly strong 4.3% annual rate last quarter, though inflation remains stubbornly high

By Matt Ott, Associated Press

Excluding volatile food and energy prices, so-called core inflation was 2.9%, up from 2.6% in the April-June quarter.

Continue reading

Dec 18

Watch 6:11
Chicago Fed president on the economy's mixed signals

By Geoff Bennett, Jackson Hudgins

Inflation is showing fresh signs of cooling, ticking up 2.7% year-over-year, lower than many economists had expected. It follows the release of a delayed jobs report that showed weak growth and the highest unemployment rate in four years. The numbers…

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Full Episode
Tuesday, Jan 13
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