Mar 12, 2024

Wages have been outpacing inflation — but there’s a catch

Scott Olson/Getty Images

Plenty of lower- and middle-income workers have been playing catch-up and are trying to dig out of debt.

Segments From this episode

Even as hourly wages outpace inflation, rising prices take a bite

by Mitchell Hartman

Mar 12, 2024

It’s been harder for lower- and middle-income households to afford higher food, rent and gas prices without getting into debt.

“We see higher wage growth since the recovery. But if people are working less, their total earnings are still less than inflation,” said ADP's Liv Wang.

Justin Sullivan/Getty Images

LISTEN

EMBED

Will the NYCB deal help it through its mounting problems?

by Nova Safo

New York Community Bank, the latest mid-sized bank that’s run into trouble, says it’s got a lifeline — it’s sealed a deal with a group of investors who have now provided $1 billion in capital to the bank.

Listen Now

What lawmakers slipped into the $460 billion spending package

by Kimberly Adams

Mar 12, 2024

Earmarks promise to spend money on specific projects requested by individual members of Congress.

In this latest funding package, there are more than 6,000 earmarks totaling more than $12 billion, according to an analysis by Bloomberg Government.

Chip Somodevilla/Getty Images

LISTEN

EMBED

The team

David Brancaccio Host

Leanna Byrne Host, BBC

Kelly Silvera Executive Producer

Meredith Garretson Morbey Senior Producer

Alex Schroeder Producer

Erika Soderstrom Producer

Ariana Rosas Producer

Nic Perez Director/Producer

Dylan Miettinen Digital Producer

John Bruington Media Producer

Jesson Duller Media Producer

Brian Allison Technical Director

James Graham Producer, BBC

Jo Critcher Producer, BBC

Naomi Rainey Producer, BBC

Lis Mahy Producer, BBC

Latest Episodes From Our Shows

3:52 PM PST