May 29, 2024

U.S. child care is expensive — and not working for most families

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"Investing in our children is something we don’t do in this country," noted KPMG chief economist Diane Swonk.

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Exxon is on the offensive

by Nova Safo

Tensions between Exxon-Mobil and some of its shareholders may well boil over this morning when the company holds its annual shareholder meeting. Some of Exxon’s activist shareholders have been pushing the oil giant to do things like adopt a greenhouse gas reduction plan, and Exxon is suing them for basically harassing the company.

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Child care costs are a big part of why Americans feel inflation still stings

by David Brancaccio and Alex Schroeder

May 29, 2024

Prices have climbed persistently, yet the service is persistently scarce. That, in turn, hurts kids and undermines the labor force.

Women are working slightly less since 2019, and the extra time is devoted mostly to child care or elder care, said Diane Swonk, chief economist at KPMG.

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David Brancaccio Host

Leanna Byrne Host, BBC

Kelly Silvera Executive Producer

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Erika Soderstrom Producer

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