Sep 29 Watch 7:31 As retailers close stores due to shoplifting, are the concerns real or overblown? By Geoff Bennett, Dorothy Hastings Target announced this week that it is planning to close several stores, citing retail theft and organized retail crime as major problems. It’s raising concerns and questions about whether retail theft is worsening and what can be done about it. Continue watching
Sep 29 Higher gas prices lift Fed's preferred inflation gauge but underlying price pressures remain mild By Christopher Rugaber, Associated Press An inflation gauge closely tracked by the Federal Reserve rose in August, boosted mainly by higher gas prices. But measures of underlying inflation slowed in the latest sign that overall price pressures are still moderating. Continue reading
Sep 27 Watch 4:16 Student research project draws attention to price disparities in low-income neighborhoods A student research project in Boston is drawing attention to price disparities between grocery stores in high and low-income neighborhoods. Student journalist Sriya Tallapragada reports in this story produced during NewsHour’s Student Reporting Labs Summer Academy, where teens from around… Continue watching
Sep 20 WATCH: Federal Reserve keeps rates unchanged but signals likelihood of another hike this year By Christopher Rugaber, Associated Press Besides forecasting another hike by year’s end, Fed officials now envision keeping rates high deep into 2024. They expect to cut interest rates just twice next year, fewer than the four rate cuts they had predicted in June. Continue reading
Sep 14 WATCH: Biden delivers remarks on the economy amid potential government shutdown By Associated Press Speaking at Prince George’s Community College in Largo, Maryland, Biden made the case for his administration's economic vision amid recession fears. Continue reading
Sep 13 August inflation rises due to higher gas prices, yet underlying core measures cooled By Christopher Rugaber, Associated Press Excluding the volatile food and energy categories, so-called core prices rose 4.3 percent, down from 4.7 percent in July and the smallest increase in nearly two years. Continue reading
Sep 07 Watch 9:14 Amid grief and loss, Maui residents and businesses continue wildfire recovery By Amna Nawaz, Shoshana Dubnow Friday marks a month since the wildfires in Maui raged out of control, claiming too many victims and destroying a historic part of the island. Now, amid so much grief and loss, residents and businesses are trying to recover and… Continue watching
Sep 01 Watch 5:39 What the latest jobs report signals for American workers By John Yang, Murrey Jacobson The August jobs report portrays a labor market that’s steadily growing, but there are signs of cooling in the face of the Federal Reserve’s higher interest rates. Employers added 187,000 jobs in August while the unemployment rate ticked up from… Continue watching
Sep 01 WATCH: Biden gives remarks after economy adds 187,000 jobs in slowing but steady growth By Associated Press President Joe Biden will deliver remarks after the August jobs report shows economy added 187,000 positions, evidence of a slowing but still-resilient labor market despite the high interest rates the Federal Reserve has imposed. Continue reading
Sep 01 Economy adds 187,000 jobs in August despite Federal Reserve's high interest rates By Paul Wiseman, Associated Press The nation's employers added a healthy 187,000 jobs in August in a sign of a still-resilient labor market despite the high interest rates the Federal Reserve has imposed. Continue reading