Economy

Congress and Farmers Are Shocked By Proposed USDA Cuts

The Trump administration wants to cut both food aid to the poor and subsidies for the nation's farmers. Supporters of both programs are joining forces to fight the cuts in Congress.

All Things Considered

U.S. Looks To Get Mortgage Giants Fannie And Freddie Out Of Conservatorship

Many years have passed since Fannie Mae and Freddie Mac got into financial trouble and had to be placed in conservatorship. The mortgage giants are stable now, but nine years later there is still the question of how to get these companies out of conservatorship and on their own again.

All Things Considered

Data-Driven Traders Begin To Dominate Financial Markets

NPR's Ari Shapiro talks with Greg Zuckerman of The Wall Street Journal, about the rise of using algorithms and computers in stock trading by investors on Wall Street.

Trump Budget Plan Relies On Optimistic Growth Assumptions, Analysts Say

President Trump's proposed budget released Tuesday rests on a key assumption: The economy will grow much faster than it has in recent years — and at a more robust pace than most analysts predict.

As Store Layoffs Mount, Retail Lags Other Sectors In Retraining Workers

Many retail workers are losing their jobs amid major technological shifts. And while some industries invest to retrain their workers with new skills, retail largely hasn't succeeded in doing that.

Morning Edition

Virginia Food Bank Aims To Tackle Root Causes Of Hunger

Food banks face limited supplies. A food bank in Roanoke, Va., is working with local community members, health care providers and other nonprofits to explore new ways to address hunger.

Morning Edition

Morning News Brief: Manchester Blast, Russia Probe, Trump Budget

The latest on the deadly attack at a concert in Manchester, England. Also, new developments in the FBI and congressional probes into Russian meddling and the Trump budget for 2018 is revealed.

Morning Edition

White House Proposes Deep Cuts To Safety Nets With 'Taxpayer First' Budget Plan

The White House has unveiled a proposal that aims to eliminate the federal deficit within a decade. It calls for significant cuts to Medicaid and food stamps, and it assumes robust economic growth.

All Things Considered

Ford Replaces CEO Mark Fields After Stock Prices Dwindle

Ford has just come off two straight years of record earnings. Its F-150 trucks are the best selling vehicles in America. But none of this was enough to save CEO Mark Fields' job. The career Ford executive has been replaced by a relative newcomer, Jim Hackett. One reason for the move: Ford's stock price tumbled nearly 40 percent in the three years Fields was at the helm.

All Things Considered

In Some Rural Counties, Hunger Is Rising, But Food Donations Aren't

Pantries in southwest Virginia — where poverty is rampant and coal jobs are vanishing — will take whatever they can get to stock bare shelves. Some also offer help with health care and job training.

Boston’s 2 Sides: How The City Can Have A Booming Innovation Economy And Widening Inequality

June 9, 2016
The gap between the rich and the poor is a theme that increasingly defines the city of Boston, with its booming innovation economy -- and its growing number of people struggling at the bottom of the economic ladder. Here's construction in the heart of South Boston’s Innovation District in March. (Jesse Costa/WBUR)

It’s a theme that increasingly defines the city of Boston, with its innovation economy and its number of people struggling at the bottom of the economic ladder.

Makers Versus Takers: The Financialization Of American Business

June 7, 2016

Business reporter Rana Foroohar on the “financialization of America” and what the consequences could be.

Economists Caught Off Guard By A Weak Jobs Report

June 3, 2016
Hundreds of Verizon workers strike outside of the telecommunications company's Brooklyn offices on April 13, 2016 in New York City. Some officials are blaming the strike in part for weaker than anticipated job gains in May. (Spencer Platt/Getty Images)

The Labor Department reported just 38,000 new jobs in May, far fewer than most economists predicted.

IMF Post On Neoliberalism Raises Questions About Organization’s Policies

June 3, 2016
The International Monetary Fund in Washington, D.C. (Flickr/Creative Commons, @World Bank Photo Collection).

Posts on the website of the International Monetary Fund do not usually go viral, but one did this week.

U.S. Economy Adds A Paltry 38,000 Jobs In May

June 3, 2016
The New York Stock Exchange (NYSE) stands on Wall Street and Exchange Streets on December 21 in New York City. (Spencer Platt/Getty Images)

Wall Street fell today upon news of the smallest monthly addition of jobs in almost six years.

Thomas Frank On Mass. Democrats And The Innovation Economy

May 31, 2016
An Uber driver sits in his car near the San Francisco International Airport. In his new book, Thomas Frank argues the innovation economy has worsened economic disparity in the U.S. (Jeff Chiu/AP)

In his new book, journalist Thomas Frank offers a passionate critique of Massachusetts Democrats and the booming economy they’ve helped create.

Boston Mayor Marty Walsh On Unions, Affordable Housing, Gun Violence

May 26, 2016

It’s been a busy month for the mayor of Boston.

The Spending Race Between Japan And China On Global Infrastructure

May 26, 2016
Japanese Prime Minister Shinzo Abe talks with British Prime Minister David Cameron (not seen) during a bilateral meeting on May 24, 2016 in Shima, Japan. (Chung Sung-Jun/Getty Images)

Japan is touting a new $200-billion infrastructure plan, while China has been heavily investing across Asia and Africa.

Boston’s Walsh Earmarks $7.5M For Affordable Housing Program

May 24, 2016
Housing in the city's Jamaica Plain neighborhood (Soe Lin/Flickr)

The aim of the loan program is to keep people from being priced out of their homes and neighborhoods.

What Long-Term Contracts With Canadian Hydropower Would Mean For Mass.

May 24, 2016

A long-awaited bill was unveiled Monday by House lawmakers. It requires long-term contracts with hydropower and offshore wind projects.

In The Age Of Texting And Tinder, Is Dating Dead?

May 23, 2016
A young couple takes a stroll in New York City in 1961. (Dan Grossi/AP)

Workers are told that they have to be “flexible” in their careers, that they should expect nothing more than short-term gigs in the current job market. So, is it any surprise that they bring the same approach to the dating market?

Searching For The Shrinking Middle Class In Worcester

May 23, 2016
Worcester City Hall. (Jason Ouellet for Destination Worcester/Flickr)

The changing dynamics of Worcester can lend insight into why it’s so complicated to move into the middle-class in the U.S.

The Politics Of Home Ownership

May 23, 2016
In his book, “No Place Like Home: Wealth, Community & Politics of Home Ownership,” Brian McCabe finds that our belief about home ownership as a way to improve civic life doesn't necessarily pan out.

Author Brian McCabe finds that our belief about home ownership as a way to improve civic life doesn’t necessarily pan out

Fewer Business Startups Are Based In Small Towns And Rural Areas

May 23, 2016
Silicon Valley's capital city San Jose, California as seen in this aerial photo is undergoing an urban development revolution calculated to keep it as the thriving heart of a region renowned for technological innovation. (Helene Labriet-Gross/AFP/Getty Images)

New research found that startup growth remains primarily based in areas like California’s Silicon Valley.

What Would Be The Impact Of A June Interest Rate Hike?

May 23, 2016
Traders work on the floor of the New York Stock Exchange during the morning of December 14, 2015 in New York City. (Andrew Burton/Getty Images)

There are more signs today that the Federal Reserve may raise interest rates at its June meeting.

Good Gig? New Employment Proposals For Contract Workers Could Make It Better

May 23, 2016

The gig economy — perhaps best embodied by companies like Uber and Lyft — may account for less than 1 percent of the workforce. But, it has sparked a debate over what’s fair to those making a living outside typical employment relationships.

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