About a year ago, we were doing a lot of stories about a retail apocalypse — online shopping leading to the destruction of department stores, malls, anything built out of bricks and mortar. Fast forward to this year and things couldn’t be more different. In the last few weeks, we’ve seen strong quarterly results from everyone […]
Many voters backed President Donald Trump on the promise of new job growth in their respective parts of the country. But a report from the Associated Press shows that hasn't been the case – instead, it's the places who backed Clinton in 2016 that are reaping the benefits of rising employment.
The Commerce Department kicks off World Trade Week on Monday. It’s honoring 43 U.S. exporters. Thirty-three of them are small- or mid-sized businesses. But as it turns out, small businesses could be exporting more. Click the audio player above to hear the full story.
The March jobs report shows there were 103,000 jobs added in the month, though many economists expected something closer to an additional 175,000. And that very well may be because March was a tough month weather-wise, slowing down things like construction in parts of the country. But could we also be seeing something else going […]
Job growth this year has been "impressive," one economist says.
Sudeep Reddy of Politico and Linette Lopez of Business Insider join us to discuss the week’s business and economic news. This week, they talk about what numbers we should really be focusing on to judge the economy, and the latest happenings at the Federal Reserve.
President Donald Trump and the Fed have had a bit of an up-and-down relationship even before he became president. At one point, he accused Fed Chair Janet Yellen of keeping interest rates low to help President Barack Obama. Another time, he said raising rates would be a disaster. To be fair, he has also said […]
Amazon has announced plans to add more than 100,000 full-time jobs over the next 18 months. The news comes as U.S. companies try to burnish their credentials as a job-creator — a priority of the incoming Trump administration. Amazon’s growth isn’t a complete surprise, however, for a company expanding into so many different product categories. […]