economy

Somerset County's Declining Economy

Last Updated by Steve Inskeep on

A new coal mine opened in western Pennsylvania and is expected to employ at least 70 people. We travel to Somerset County to look at what it will take to bring economic opportunity to rural America.

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Chipotle Stock Dips After Some Va. Customers Report Illness

Last Updated by Merrit Kennedy on

Chipotle temporarily closed a Sterling, Va., restaurant to sanitize it. A company representative told NPR that the reported symptoms were consistent with norovirus.

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Wall Street Thinks Netflix Is The Next Big Thing

Last Updated by Richard Gonzales on

Market analysts see parallels with Tesla and Amazon as the company spends big to grow its business ahead of immediate profits.

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Nonprofit Helps California's Asian-American Farmers Grow Their Businesses

Last Updated by Clarissa Wei on

Traditional Asian greens like crisp daikon roots for pickling are an integral part of Asian-American cultural identity. A nonprofit is helping small farmers meet high demand in Asian enclaves.

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In His Post-Fed Life, Bernanke Talks Taxes, Trump And Partisan Perceptions

Last Updated by Rachel Martin on

Former Federal Reserve Chairman Ben Bernanke discusses the contradictory partisan divide in people's views of the economy, the economy's health and the problem of those left behind by economic change.

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Last-Minute Budget Deal Reached Before Government Shutdown Deadline

Last Updated by Scott Detrow on

The bipartisan plan would keep the government open through the fiscal year. And, President Trump made a phone call to Philippine President Rodrigo Duterte to talk about North Korea.

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As Coal Jobs Decline, Solar Sector Shines

Last Updated by Reid Frazier on

The loss of jobs has stung as the coal industry has declined. Renewable power — especially solar — is now where the jobs are. Solar jobs outnumber those in coal, but coal jobs pay more.

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Shutdown Averted: White House Backs Down On Health Care Demands

Last Updated by Mara Liasson on

The White House appears to be backing down on multiple demands that were threatening a partial government shutdown, including withholding subsidies to help low-income people under Obamacare.

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Cord-Cutting Leads ESPN To Target On-Air Personalities In Massive Layoffs

Last Updated by NPR on

ESPN has lost 10 million subscribers since 2011. Today, to cut costs, the sports network is expected to lay off 100 employees. NPR's Audie Cornish talks to John Ourand of the Sports Business Journal.

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Trump Administration Calls For 'Massive' Tax Cut

Last Updated by Scott Horsley on

President Trump spelled out his opening bid in what's likely to be a lengthy debate over tax policy. Trump wants what he calls a "massive" cut in tax rates, but even some Republicans warn that could balloon the federal deficit.

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Rhode Island Sends Out Double Tax Rebates

Last Updated by Chris Zellers on

The Rhode Island Department of Revenue mistakenly mailed out duplicate tax refund checks. The extra checks went to about 500 people and total more than $360,000. But only one of each can be cashed.

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GDP Grew Just 0.7 Percent In First Quarter Of 2017

Last Updated by Laurel Wamsley on

The Commerce Department report indicates the slowest economic growth in three years.

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Congress Likely To Avoid Government Shutdown (At Least For Another Week)

Last Updated by Tamara Keith, Domenico Montanaro on

Now that President Trump has dropped demands on border wall funding and health care, negotiators on Capitol Hill look back on track to fund the government until they work out other sticking points.

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Nasdaq Hits 6,000 For First Time

Last Updated by NPR on

The record comes after strong performances from companies like Apple and Facebook recently. We check in with CNN's Maggie Lake.

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Trump Administration Proposes 'Massive' Tax Overhaul And Tax Cut Plan

Last Updated by Brian Naylor on

The details of the measure will be worked out in talks with Congress; the effect on the deficit is unknown.

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