Decoding DemocracyBaltimore Bridge CollapseMillion BazillionI've Always Wondered ...

Loading...

0:00
0% played
Stories Tagged as

Inflation

European Central Bank announces plans to raise its key interest rate

by Lily Jamali
Jun 9, 2022
It'll also end its large-scale bond-buying program. Central bankers are trying to tame inflation — like their U.S. counterparts at the Federal Reserve.
The European Central Bank said Thursday it plans to start raising its key interest rate next month.
Daniel Roland/AFP via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

The dollar's strong right now. That's a problem for American companies doing business abroad.

by Justin Ho
Jun 7, 2022
But it's great for Americans who want to buy imports.
A strong U.S. dollar is great for Americans who want to buy foreign products. For American companies that sell products abroad? Not so much.
Matt Cardy/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Wages are still growing in many sectors that need that growth

by Lily Jamali
Jun 3, 2022
That may be a sign that the overheated job market is cooling down.
Wages went up in leisure and hospitality — just in time for summer.
Mark Makela/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

A third of people earning $250,000 or more live paycheck to paycheck

by Samantha Fields
Jun 3, 2022
A survey by LendingClub and PYMNTS.com found that even high earners are among those struggling to both pay bills and plan for long-term financial needs.
Even high earners or people considered to be financially healthy can struggle with bills, according to a new report.
Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Could the tight labor market finally ease?

by Justin Ho
Jun 2, 2022
A slowing economy could help bring worker supply and demand back into balance.
Those who are sitting out of the job market may be forced back in when they feel the pinch of inflation.
Justin Sullivan/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

How inflation is changing Americans' retirement plans

by Samantha Fields
Jun 2, 2022
Many people are saving less for retirement or putting it off as rising prices squeeze their budgets, a new survey finds.
Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Despite high prices, pandemic-weary Americans are likely to spend this Memorial Day

by Stephanie Hughes
May 30, 2022
The holiday's staples, like meat and propane, are more expensive. But people are willing to pay more as they gather to celebrate.
Mark Makela/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

For public good, not for profit.

Donate

Consumers are spending up a storm — and spending down their savings

by Mitchell Hartman
May 27, 2022
Even though they're pessimistic about the economy and economists worry about a recession.
Americans are spending more money than they've got coming in each month.
Patrick T. Fallon/AFP via Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE

Education support specialists keep schools running, but their pay doesn't reflect that

by Julia Schiff
May 27, 2022
ESPs, or classified employees, are a chronically underpaid part of the education system. Low wages are driving them out of the profession.
Education support specialists on average make $35,000 a year, but they often go the extra mile to help students succeed.
Illustration by Julia Schiff
Share Now on:
SHARE

Wages are still rising. Because employers are still feeling the pressure to pay more.

by Sabri Ben-Achour
May 26, 2022
Apple is the latest big employer to announce it's hiking hourly pay. The market for in-person work is especially competitive.
An employee serves customers at an Apple store. Apple increased its hourly starting wage to a minimum of $22.
Brandon Bell/Getty Images
ListenLISTEN
HTML EMBED:
COPY
EMBED EMBED
Share Now on:
SHARE
Subscribe Using:
SUBSCRIBE SUBSCRIBE