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Janet Yellen says a government shutdown would add to risks of a recession
Treasury Secretary Janet Yellen is sounding the alarm about the damage a government shutdown could do to the U.S. economy. "It's really reckless and will impose immediate harm," Yellen told NPR.
What recession? It's a summer of splurging, profits and girl power
Economic data show higher prices and constant warnings of a downturn haven't slowed down American shoppers. The Fed is anxious. Companies are thrilled.
Listen
•
6:55
A Metro 'Revolution': Cities, Suburbs Do What Washington Can't
Even as Detroit files for bankruptcy protection, Bruce Katz says many American cities are showing promising signs of renewal. In The Metropolitan Revolution, he writes that, together, cities and suburbs have the power to take on the challenges Washington won't.
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•
25:49
'Abenomics' Serving Up The Same Old Medicine In Japan?
Japan's Prime Minister Shinzo Abe hopes to bring the Japanese economy out of years of stagnation by pumping money into the economy and encouraging domestic consumption. But not everyone is seeing the benefits, and some say it's just a repackaging of strategies that have failed Japan before.
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4:32
U.S. Economic Growth Slows In First Quarter
The growth of the U.S. economy slowed to an annual rate of just 0.1 percent for the first quarter of this year.
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•
2:03
How inflation is influencing politics in a bellwether Florida county
Voters in a key swing county in Florida are grappling with some of the highest inflation rates in the country. But it's not necessarily the deciding factor for some voters.
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•
7:34
Despite Some Clouds, U.S. Economic Forecast Looks Sunny
Data indicate the U.S. economy grew at an impressive 5 percent rate in the third quarter. The stock market hit another record on Tuesday. David Greene talks David Wessel of the Brookings Institution.
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3:54
Nation's Jobless Rate Hits A 14-Year High
The Labor Department reports that the nation's unemployment rate rose 6.5 percent last month. The number of jobs lost were a lot higher than expected. The report indicates that the downturn in the economy this year has been even deeper and more dramatic than most economists had expected. The jobless rate is at a 14-year high.
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0:00
U.S. gets its first big economic report card after Biden drops his campaign
The health of the economy always looms large for voters. So the report should be great news for President Biden and Vice President Harris. But the reality is, a lot of Americans aren't feeling it.
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•
3:20
China kicks off Third Plenum amid economic challenges
China’s leaders are meeting in Beijing, and have a fresh chance to make some policy adjustments to perk up the economy.
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3:50
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