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The downsides of low interest rates

Aug 21, 2018
President Donald Trump has long favored low interest rates, which are typically a boon for real estate developers. And he has criticized the Federal Reserve and the chairman he appointed, Jerome Powell, for pursuing a policy of gradual rate hikes initiated under former Fed Chair Janet Yellen. But maintaining a loose monetary policy could be […]

Midterms: Is it the economy, stupid?

Aug 16, 2018
You may have heard this phrase: “It’s the economy, stupid. ” And it usually is. Parties in power tend to do better when the economy is humming along, and voters are more likely to give them the boot when the economy’s not doing so hot. With low unemployment, a booming stock market and strong growth, […]
U.S. President Donald Trump speaks during a rally at the Nashville Municipal Auditorium, May 29, 2018 in Nashville, Tennessee. 
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Consumer price index released as inflationary pressures increase

Aug 10, 2018
New inflation numbers were released Friday morning, and it’s a curious thing: the economy is going strong and consumers are spending, which tends to push prices up. And yet, we haven’t seen all that show up in the inflation numbers yet. Click the audio player above to hear the full story. 

For some workers, big pay raises. Others, not so much.

Aug 3, 2018
Bank tellers, truck drivers and bartenders are among those in high demand.
Commuters make their way through Grand Central Terminal during evening rush hour in New York City.
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Labor Department says U.S. workers are making more and getting better benefits

Jul 31, 2018
But are you feeling it? We took it to the streets to find out.
Passengers board Metro Rail subway trains during rush hour in Los Angeles, California.
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How can workers fight wage stagnation? Be willing to switch jobs

Jul 25, 2018
One economist shares his theory about why wages might not be growing: companies are just too powerful right now.
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What U.S. immigration policy has to do with wages and labor shortages

Jul 20, 2018
The country needs a legal way to allow more high- and low-skilled workers in to fill jobs, one expert says.
Immigrants from Mexico work on a housing construction site in Denver, Colorado.
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