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Economy Feb 10

Powell stresses commitment to full employment and low rates

By Christopher Rugaber, Associated Press

Economy Dec 09

Watch 2:15
Remembering former Fed chair and economic giant Paul Volcker

Paul Volcker, who served as chair of the Federal Reserve for two presidents, died Monday. His passing came 40 years after he drove interest rates to record highs in an effort to tame double-digit inflation. Known for his height and…

By Paul Solman

Economy Apr 29

A customer shops at a Walmart store in Chicago, Illinois, on November 20, 2018. Consumer spending has been lackluster in recent months but spiked in March. Photo by Kamil Krzaczynski/Reuters
U.S. consumer spending spikes 0.9 percent in March

The March gain was the biggest monthly increase since August 2009, the Commerce Department reported.

By Martin Crutsinger, Associated Press

Making Sen$e Mar 08

A construction worker walks through a winter snow storm in Boston, Massachusetts on February 12, 2019. Economists say weather could have been one factor that lead to the loss of 31,000 construction jobs in February. Photo by Brian Snyder/Reuters
Why February’s weak jobs gains might not tell the whole story

The U.S. economy added 20,000 jobs in February -- a number far below expectations. Unemployment dropped to 3.8 percent.

By Gretchen Frazee

Making Sen$e Dec 07

A grocery "picker" works in a Peapod grocery distribution warehouse facility in Jersey City. The warehouse sector saw a significant uptick in hiring in November, according to the Bureau of Labor Statistics. Photo by Mike Segar/Reuters
Why slower hiring in November isn’t necessarily a bad thing

The U.S. economy added 155,000 jobs in November and the unemployment rate held steady at 3.7 percent.

By Gretchen Frazee

Nov 02

Wages are finally ticking up. Here’s why

By Gretchen Frazee

Average hourly wages rose 3.1 percent, the unemployment rate held steady at 3.7 percent, and the economy added 250,000 jobs in October.

Continue reading

Oct 05

The unemployment rate is the lowest it’s been since 1969. Here’s why

By Gretchen Frazee

The unemployment rate dropped to 3.7 percent in September, the lowest since the Vietnam War. The economy added 134,00 jobs, fewer than expected because of losses from Hurricane Florence.

Continue reading

Oct 02

Why Social Security’s annual increase doesn’t actually keep up with cost of living

By Paul Solman

The government adjusts Social Security benefits each year based on inflation rates, but that increase has not kept up with the rising cost of medical care and other expenses.

Continue reading

Sep 07

Why wages are on the rise and other important numbers from the August jobs report

By Gretchen Frazee

The economy added 201,000 jobs in August, and the national unemployment rate remained at 3.9 percent.

Continue reading

Aug 21

Venezuela knocks 5 zeros off its currency. Will anything change?

By Larisa Epatko

In an effort to curb soaring inflation in Venezuela, President Nicolas Maduro shaved five zeros off the value of the bolivar. Is it enough? We asked several analysts to explain.

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Full Episode
Monday, Apr 12

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