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Expired Jobless Benefits Cost Economy Billions, But Some States Reject Trump's Aid
The expiration of emergency jobless benefits is draining $15 billion a week from the U.S. economy. President Trump has offered to replace half that money, but states have been slow to accept.
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•
3:46
'Warning Signs Flashing': Job Growth Slows Sharply As Pandemic Takes Toll On Economy
U.S. employers added just 245,000 jobs last month as the runaway pandemic continued to weigh on hiring. The unemployment rate fell to 6.7% from 6.9% in October.
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3:34
China is raising its retirement age, now among the lowest in world's major economies
In an effort to address its shrinking population and aging work force, over 15 years, China will raise the retirement age for men to 63, and for women to 55 or 58 years depending on their jobs.
Has The Trade War Taken A Bite Out Of China's Economy? Yes — But It's Complicated
China's economic growth has been slowing down for years. Tariffs have contributed to slower growth since early 2018, when the economic standoff began, but it's hard to pinpoint how much.
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•
11:16
The European Union faces a battle to keep energy prices from harming its economy
European Union leaders enter a crucial stretch this week to make sure runaway energy prices and short supplies do not further tank their struggling economies and foment unrest.
Inflation stayed high last month, compounding the challenges facing the U.S. economy
Consumer prices in April were 4.9% higher than a year ago, according to the Labor Department. Prices rose 0.4% between March and April.
Germany's Rhine is at one of its lowest levels. That's trouble for the top EU economy
A hot, dry summer has meant the water level on the Rhine River, Western Europe's most important waterway, is at a record low, making it too shallow for many ships to pass.
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3:53
More than 1 million fewer students are in college. Here's how that impacts the economy
People are sitting out college in droves. During the pandemic, undergraduate enrollment has dropped nearly 7%. The long-term effects of this decline could have a dramatic impact on the economy.
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7:01
What tracking one Walmart store's prices for years taught us about the economy
Inside our shopping cart is a story of global trade, extreme weather, shrinking packages and rising prices.
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4:04
The fight over the debt ceiling could sink the economy. This is how we got here
Once upon a time, raising the nation's borrowing limit was considered a fairly routine vote. Today, Biden and the GOP are on a partisan collision course that risks landing the U.S. in default.
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