We’re continuing to comb through the evolving big package of tax cuts and spending being worked out by Republicans in the Senate. Today, we explore what the effects could be on businesses. Plus, after Israel launched attacks on Iran's…
From the BBC World Service: In a dramatic heightening of tensions, Israel's military said it had struck "dozens of military targets, including nuclear targets in different areas of Iran." The strike had led to a 10% rise in oil prices. And…
The Senate is working through the massive tax and spending bill. The House has passed its version, but the two plans still have to be reconciled. Today, we'll dig into what the legislation could mean for your own personal tax bill and the…
Many labor unions were once wary of immigrants, viewing them as low-cost competitors for union jobs. Now, changing demographics and common interests have resulted in unions playing a more prominent role in immigrant workforces and…
From the BBC World Service: U.S. President Donald Trump's economic policies have rattled markets and dented consumer confidence. Few corners of the American market have been spared, from fast food chains to high-profile horse racing events…
Hurricane season starts in two and a half weeks. Last year, hurricanes caused $124 billion in damage. This year, the Trump administration is making cuts to the Federal Emergency Management Agency. Today, we head to Houston to hear how…
A summertime gig can be a rite of passage for many, and summer hiring of teenagers crests right about now. Seasonal jobs may be harder to find this year though amid tariffs, travel restrictions and general economic uncertainty. And when…
From the BBC World Service: The U.S. and China say that, during talks in London, they’ve sketched out a framework to dial down their trade fight after slapping big tariffs on each other. But those trade tensions aren’t doing the global…
Undocumented workers form a key part of the economy in a number of industries — including domestic work, agriculture, hospitality and construction. As immigration raids and protests in Los Angeles continue, we'll examine what increased…
After over a decade of litigation, a federal judge has signed off on a settlement allowing schools in the power conferences to issue direct revenue-sharing payments to athletes. Now, universities face large costs and hard choices about…
From the BBC World Service: Japan is facing a rice emergency. Prices are soaring, supplies are tight, and it's already cost one government minister his job. So what's going on? It's a mix of bad weather, fewer rice-farming households, and…
Get an X-ray or ultrasound with a hospital-affiliated doctor and you may note a so-called facility fee on your bill ranging from $15 to several hundred or more. The additional charges are showing up on more patients' bills, now that some…
Mortgages comprise about 70% of household debt. We're told to pay off that debt before retiring. But over three decades, data shows more people are still paying their home loans after retirement, and what is owed has increased dramatically…
From the BBC World Service: Figures out today for May show China's exports to the U.S. dropped sharply, down nearly 13% from April. That data comes before officials from both countries are due to meet in London for high-stakes trade talks.…
Call it an "it could have been worse" jobs report. In May, 139,000 more people drew paychecks, which is higher than expected. Job growth was up in sectors like teaching and health care, but immigration policy is hurting hiring in…
It's a public breakup of sorts: Elon Musk thinks President Donald Trump's "big, beautiful bill" is bloated and financially destructive. In response, Trump is threatening moves that will hurt Musk's companies including SpaceX and Tesla. We…
From the BBC World Service: Financial regulators from the United Kingdom, Australia and the United Arab Emirates are teaming up to crack down on questionable financial advice on social media, targeting so-called "finfluencers." Then,…
In the past few years, as street drug makers increasingly cut fentanyl into drugs like cocaine, there’s been a rise in overdoses among people who aren’t addicted to opioids. Nashville, in particular, has seen overdoses rise among tourists.…
The trade deficit — the difference between what the U.S. imports and what it exports — shrank by the most ever recorded in a single month in April. That news follows the largest widening of the trade deficit on record in the first quarter.…
Expect the White House to keep trying to claw back money that Congress appropriated and that the Trump administration is supposed to spend. Administration officials think they’ve found a loophole in the law that runs out the clock on…
The White House triggered a sharp increase in tariffs on imported metals on Wednesday. The tax at the border is now 50%. But one trading partner got an exemption: the UK. Our BBC colleague Leanna Byrne joins us to explain. Also on the…
Microsoft has unveiled a weather forecasting approach that makes its predictions using artificial intelligence. Google, Nvidia and Huawei are all using AI to try to make weather predictions more precise. And as hurricane season gets…
From the BBC World Service: The U.S. is doubling tariffs on most imported steel and aluminum, raising them from 25% to 50%. The stakes are extremely high — around one quarter of all steel and half of all aluminum used in the U.S. is…
Money borrowed for hospitalization is seen by many as different from paying what you owe for consumer goods: The debt is seldom from discretionary spending. The Biden-era Consumer Financial Protection Bureau had moved to protect credit…
"This Old House Radio Hour" — now a radio show and a podcast — helps listeners tackle home projects both big and small. "Marketplace Morning Report" host David Brancaccio is on that program this week, talking about the process of…
The world will see lower economic growth due to tariffs and tariff uncertainty, according to the OECD. Global economic growth will fall below three percent this year, and the slowdown is expected to be most concentrated in the U.S., Canada…
From the BBC World Service: The global economy is losing steam, according to the OECD, which now forecasts growth to fall to just 2.9% this year and next. The Paris-based Organization for Economic Co-operation and Development — which…
As the GOP tax and spending bill moves through Congress, questions about the U.S. debt have not gone away. Over the weekend, Treasury Secretary Scott Bessent said the U.S. would never default on its debt. But the U.S. doesn't have to…
Tensions are once again escalating between the world's two largest economies. Last week, President Trump accused China of violating the terms of the trade truce, with the U.S. Trade Representative accusing China of restricting the flow of…
From the BBC World Service: Britain will boost its nuclear-powered attack submarine fleet to move to a state of "warfighting readiness,” as Prime Minister Keir Starmer declined to set a precise date for when UK defense spending would hit 3…