Fed: U.S. household net worth drops to lowest level since financial crisis

Mar 8, 2019
The Federal Reserve reports the net worth of U.S. households dropped 3.4 percent in the fourth quarter of last year and is now at the lowest level since the financial crisis. A look at what that drop could mean for economic optimism.  Click the audio player above to hear the full story.
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Where will your paycheck go the furthest?

Aug 15, 2018
Indeed.com has crunched the numbers on salary and cost of living in 185 metro areas and come up with a list of cities where your salary will go the furthest. The list also indicates where economic and job opportunities will likely be strongest going forward. The top cities are Duluth, Minnesota; Wilmington, North Carolina; Lubbock, […]
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Consumer price index released as inflationary pressures increase

Aug 10, 2018
New inflation numbers were released Friday morning, and it’s a curious thing: the economy is going strong and consumers are spending, which tends to push prices up. And yet, we haven’t seen all that show up in the inflation numbers yet. Click the audio player above to hear the full story. 

A major barrier to a college degree for low-income Californians: housing costs

Aug 9, 2018
Housing costs — more than tuition — are hurting California’s low-income college students.
Students walk near Sather Gate on the University of California at Berkeley campus. 
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My Economy: Leaving the big city life behind

May 8, 2018
One former journalist left the newsroom for the family business. The reason? A lower cost of living.
Matt Schewel traded a job in Washington, D.C., interviewing senators and congressman for work in the family furniture business. 
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Indigenous communities are hit hard in American's most expensive cities

Mar 30, 2018
Look at any list of the most expensive places to live in the United States, and San Francisco and the Bay Area are almost always near the top. With 3.7 million Native Americans living in urban areas, the high cost of living is changing the lives of many. High Country News reporter Julian Brave NoiseCat […]

Millions of the nation’s lowest paid workers will get a new year boost

Dec 26, 2017
Analysts say local economies could also benefit from the wage hikes.

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Rising medical costs may outpace a Social Security cost-of-living raise next year

Oct 16, 2017
Social Security benefits will rise 2 percent in 2018 for approximately 61 million older Americans who rely on the benefit. The annual cost-of-living adjustment is based on the third-quarter Consumer Price Index for urban wage earners and clerical workers. The COLA hasn’t been as high as 2 percent since 2011; it rose 0.3 percent this […]

Why aren't we moving as much for work?

Apr 14, 2017
Economists are puzzled by a drop in mobility in the labor market.
High rents aren’t big enough to explain why Americans are much less mobile geographically than they were in the past, said Abigail Wozniak, associate professor of economics at Notre Dame.
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Cost of living adjustment ticks up, barely

Oct 18, 2016
COLA will increase 0.3 percent in 2017. Social Security payments remain flat.
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