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Economics at marketplace.org

Today News

23

Have student loans? Want forgiveness? An important deadline is coming up.

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Certain federal loan holders must consolidate by April 30 to qualify through Income-Driven Repayment and Public Service Loan Forgiveness.

15

One thing we can all agree on? Housing is too expensive

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Consumer sentiment reports reflect a universal truth: Lower income households feel the punch of inflation worse than wealthy households. But affordable housing — and lack thereof — is one issue that brings Americans together, across the…

14

Antony Blinken meets with China’s President Xi

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From the BBC World Service: U.S. Secretary of State Antony Blinken met with Chinese President Xi Jinping on Friday — we’ll get into what they spoke about. Plus, Chinese tech company ByteDance says it has no intention of selling TikTok to…

01

How companies can protect trade secrets without noncompete clauses

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The FTC banned noncompete agreements this week, but state and federal laws can help companies protect their intellectual property.

Thursday, Apr 25

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U.S. GDP grew by 1.6% in the first quarter, slower than expected

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This marks the end of a six-quarter streak of GDP growth of 2% or more. But the downshift might not be cause for worry just yet.

18

What’s up with the weak GDP growth?

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The U.S. economy grew by just 1.6% last quarter — falling very short of expectations. At the same time, inflation was up, according to the latest PCE. What’s the Federal Reserve’s next move? Plus, small businesses could see big…

17

Small businesses could see big gains by boosting productivity

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And they can achieve that through better collaboration with companies big and small in their industries.

15

EPA aims to quash coal emissions once and for all

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New emissions standards for fossil fuel power plants would require them to eliminate 90% of the carbon dioxide they emit, or close. But the Supreme Court could strike down the regulations before they go into effect. Plus, New Jersey…

01

Beyond farmers markets: New stores in Wyoming expand the reach of local foods

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The Wyoming Food Freedom Act lets producers sell foods without licenses as long as the consumer is informed about the source of the product.

Wednesday, Apr 24

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New federal rule on minimum staffing for nursing homes takes effect

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Until now, the only staffing rule for nursing homes has been that they have “sufficient” staff, without specifying what that means.

23

Worry about foreign ownership of telecom companies has a long history in the U.S.

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It's part of an overall mistrust of foreign influence with deep roots in American history.

18

Manufacturing comes out of its own private recession

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Call it a manufacturing resurrection: Orders for durable goods — big-ticket items from washing machines to airplanes — rose 2.6% in March. It’s a sign that manufacturing is coming back online and the economy is getting get back to where…

17

Internet providers like AT&T and Verizon lobby against lower broadband prices

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"As officials have looked to put their money towards closing the digital divide, internet providers like AT&T and Verizon have been very aggressive in lobbying back," said The Washington Post's Tony Romm.

16

Feds establish new rules for health care staffing and pay

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The changes aim to bolster pay for providers — many of them low-income immigrants — and require higher minimum staffing levels.

14

Millions of Americans could get a pay bump

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The Joe Biden administration has announced a pair of new measures to strengthen worker protections. It’s widening eligibility for overtime, bringing in millions of more employees, and is looking to largely ban on noncompete agreements,…

02

The TikTok ban is poised to make the U.S.-China divide even starker

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"You sort of have these two parallel internets that are existing in both countries," says WSJ technology reporter Meghan Bobrowsky.

Tuesday, Apr 23

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Why does the world want dollars? Because of high interest rates, thriving economy in U.S.

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The greenback is so strong that Japan and South Korea have complained.

Recent college grads see rise in unemployment

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Unemployment jumped from 8.6% to 12.3% among 20-somethings with bachelor's degrees year over year, the BLS reported.

23

The WIC family food program is getting a refresh, but requirements are still tough to navigate

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The nutrition program is restrictive by design, but updates to the food package are giving parents and kids more options.

18

Stakes are high for Tesla’s quarterly results

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EV maker Tesla will release quarterly results after markets close on Tuesday, but the company has been struggling so far this year. Beset by stiff global competition, Tesla has been cutting prices and laying off workers. We’ll set the…

While El Salvador is turning around its reputation for crime, its economy still struggles

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El Savador's President Nayib Bukele took on gang violence by introducing a state of emergency in 2022. The country is now safer, but its economy is struggling to grow.

17

What to expect from Tesla ahead of quarterly results

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We get quarterly results from EV maker Tesla after the close of trading on Tuesday. The company’s been dubbed one of the so-called “Magnificent 7” — a group of tech giants that also includes Apple, Alphabet, Amazon, Meta, Microsoft and…

14

A venti flat white with an extra shot of labor relations, please

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The Supreme Court is scheduled to hear oral arguments today on whether the National Labor Relations Board has to meet a higher burden of proof when intervening on behalf of workers trying to unionize. Starbucks is challenging some of the…

01

Cash for your backyard? Companies, homeowners try to capitalize on a California law.

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Housing shortage-plagued California recently started allowing property owners to split their lots and have developers build new homes there.

Electrical grid transformers could be more efficient with different steel. Here’s the challenge.

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Last year, the Department of Energy proposed using amorphous steel. But some electricity providers, power companies and steel plants objected.

Biden administration will award $7 billion in solar energy grants for homes

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The funds will help 900,000 low-income and disadvantaged households benefit from solar energy, including by cutting their electric bills.

Monday, Apr 22

15

Why it’s gotten more expensive to house people experiencing homelessness

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Higher interest rates and insurance costs make building low-income and supportive housing more costly — especially in California, home to 28% of the U.S. homeless population.

Friday, Apr 19

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As companies mature, they change the metrics they disclose to investors

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Netflix will stop disclosing subscriber numbers next year. Companies revising what measures they use to indicate performance is nothing new.

Higher prices have been depressing sales for Procter & Gamble

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Among the stuff that people keep spending on despite higher prices are consumer packaged goods. Shampoos and laundry detergents, diapers and razors, and so on.

The “wealth effect” could affect consumer behavior — and U.S. politics

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While sizable gains in the value of stocks and real estate has likely boosted spending, it's done less to improve sentiment.