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Economy

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Jul 13

U.S. consumer prices surge in June by the most since 2008

By Christopher Rugaber, Associated Press

American consumers faced a third straight monthly surge in prices in June, the latest evidence that a rapid reopening of the economy is fueling pent-up spending for goods and services that in many cases remain in short supply.

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Jul 10

Watch 11:59
This former steel mill used to employ thousands—how the site is adapting and creating jobs now

By Karla Murthy, Sam Weber

The Bethlehem steel mill in Maryland was once the largest working mill in the world, employing 30,000 people at its peak in the 1950's. The collapse of the American steel industry forced the mill into bankruptcy, closing for good in…

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Jul 02

WATCH: Biden speaks on latest gains in jobs report

By Christopher Rugaber, Associated Press

The report suggested that American workers are enjoying an upper hand in the job market as companies, desperate to staff up in a surging economy, dangle higher wages.

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Jul 01

Facing skilled worker shortage, U.S. companies try to train their own new labor pools

By Levi Pulkkinen, The Hechinger Report

With a growing consensus that some sectors of the economy face a shortage of qualified workers, employers are paying entry-level workers to learn on the job.

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Jun 05

Watch 5:43
How did the stimulus checks impact everyday Americans?

By PBS NewsHour

The COVID-19 relief bill provided emergency aid to tens of millions of Americans facing financial insecurity due to the pandemic. Despite ongoing debate over safety net policy, a new analysis of U.S. Census Bureau “household pulse” surveys looks at how…

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May 27

Biden budget to run $1.8 trillion deficit to finance spending plans

By Andrew Taylor, Associated Press

The whopping deficit projections are being driven by Biden's costly plans for infrastructure and social spending, along with major new investments in domestic Cabinet agencies.

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May 08

Watch 3:56
The jobs market is slowly recovering, but not so much for women and women of color

By PBS NewsHour

While the economy is rebounding slowly and the U.S. is gradually adding more jobs 4.5 million women remain out of work compared with 3.7 million men. Valerie Wilson, director of race, ethnicity and economy at the Economic Policy Review joins…

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Apr 14

Watch 7:37
Sen. Capito: More bipartisanship needed on infrastructure, Biden 'left us in the dust'

President Joe Biden has proposed a $2 trillion measure, The American Jobs Plan, to improve the country's infrastructure. As negotiations on that get underway in Washington, Judy Woodruff is joined by a senator who's deeply involved - ranking member of…

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Apr 02

WATCH: Psaki speaks on Japan's prime minister visit, Iran, Russia

By Associated Press

The White House has confirmed that President Joe Biden will welcome Japan's Prime Minister Yoshihide Suga for the first in-person visit of his presidency on April 16th.

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Apr 02

WATCH: Biden credits American people for jobs numbers

By Christopher Rugaber, Associated Press

President Joe Biden welcomed March job data as America’s employers unleashed a burst of hiring, adding 916,000 jobs for the month.

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