Goldman Sachs, one of the most venerable banks on Wall Street, has announced it is laying off as many as 3,200 employees — as the bank tries to navigate a challenging economic environment.

NPR's Business Story of the Day

10.01.2023

New student loan plan faces funding crisis over debt relief : NPR

The Office of Federal Student Aid has a lot on its plate in 2023, including implementation of an ambitious new student loan repayment plan. Now it just needs money to pay for it.

NPR's Business Story of the Day

09.01.2023

Advice on what to do if you think you might be laid off : NPR

January is usually a big month for layoffs. How should you prepare if you think your job may be at risk? We asked some experts.

NPR's Business Story of the Day

07.01.2023

Employers slowed their rate of hiring in December, easing the Fed's inflation fears : NPR

The U.S. job market is still tight, with an unemployment rate of just 3.5%. Employers slowed their rate of hiring last month, which should ease the Federal Reserve's fears of inflation.

NPR's Business Story of the Day

06.01.2023

The job market was on a hot streak for much of 2022, but chilly winds are blowing : NPR

The Labor Department reports Friday on December's job gains. Despite some high-profile layoff announcements, the overall job market remains tight.

NPR's Business Story of the Day

05.01.2023

A new professional cricket league launches in the U.S. in July : NPR

Competition starts with six teams, including one from San Francisco. Many supporters have ties to South Asian countries, and have been promoting the sport. (Story aired on Here & Now on Jan. 4, 2023.)

NPR's Business Story of the Day

04.01.2023

Sam Bankman-Fried pleads not guilty to charges tied to FTX collapse : NPR

The co-founder and former CEO of FTX pleaded not guilty to eight criminal counts related to the spectacular collapse of his crypto exchange.

NPR's Business Story of the Day

03.01.2023

Could a bill passed by the previous Congress make it easier to save for retirement? : NPR

The spending bill President Biden signed into law includes provisions meant to help workers save more for retirement. A look at how retirement plans are changing and who stands to benefit the most.

NPR's Business Story of the Day

02.01.2023

What we can expect from the economy in 2023 : NPR

What can we expect from the economy in 2023? NPR's Rob Schmitz puts the question to David Wessel, director of the Hutchins Center at the Brookings Institution.

NPR's Business Story of the Day

01.01.2023

Florida residents worry about housing costs after Hurricane Ian destruction. : NPR

With more than 35,000 homes damaged or destroyed in Lee County, Fla., residents are concerned about housing affordability – and changes to their communities – as developers become involved.

NPR's Business Story of the Day

30.12.2022

From the great resignation to unionizing: Starbucks reflects 2022's labor journey : NPR

Worker shortages, rising wages, unionization and automation. In 2022, Starbucks embodied all these trends in the workplace, perhaps more than any other company.

NPR's Business Story of the Day

29.12.2022

Customers of Southwest question their loyalty after massive flight delays : NPR

The botched response by Southwest Airlines to a major winter storm triggered a public relations disaster, and a potentially significant hit to the company's bottom line.

NPR's Business Story of the Day

26.12.2022

2022 marked the end of cheap mortgages and now the housing market has turned icy cold : NPR

The buying frenzy of a year ago is long gone. Home buyers have pulled away, sellers are holding back, and the whole housing market is locked in a deep freeze.

NPR's Business Story of the Day

23.12.2022

One of the country's oldest independent record stores is going out of business : NPR

After more than 50 years in business, Record Revolution, a beloved record store in Cleveland Heights, Ohio, is closing its doors for good.

NPR's Business Story of the Day

22.12.2022

FTX founder Sam Bankman-Fried has been extradited to the U.S. : NPR

The 30-year-old is in FBI custody and on his way back to the United States, the U.S. Attorney for the Southern District of New York, Damian Williams, said in a video posted to Twitter late Wednesday.

NPR's Business Story of the Day

16.12.2022

The Planet Money team deciphers whether chart reading will predict stock winners : NPR

A standard way to decide whether buy or sell stocks is to look at a company's fundamentals. Others decide trades by taking a ruler to a stock or bond price chart and drawing some shapes.

NPR's Business Story of the Day

15.12.2022

Ammunition shortage causes Alaska Natives to have trouble putting food on the table : NPR

A nationwide shotgun shell shortage is making it harder for Alaska Natives to hunt for food. Migratory birds are a main source of sustenance for many rural communities at this time of year.

NPR's Business Story of the Day

14.12.2022

Fox News defamation lawsuit pulls in Rupert Murdoch : NPR

Rupert Murdoch will be deposed this week in a defamation lawsuit brought by Dominion Voting Systems, which also alleges that Fox News destroyed messages from star Sean Hannity and others.

NPR's Business Story of the Day

14.12.2022

Savings at the gas pump are eaten up at the supermarket, as inflation stays high : NPR

A new government report shows inflation cooled a bit in November. But prices are still climbing and the Federal Reserve is preparing to raise interest rates again.

NPR's Business Story of the Day

08.12.2022

Sweeping tech layoffs are hitting immigrant workers hard : NPR

Layoffs have been sweeping the tech industry in recent weeks. Those job cuts weigh heavily on immigrant workers in the U.S. on H1-B visas.

NPR's Business Story of the Day

06.12.2022

New York's pandemic preparedness equipment is up for auction : NPR

Ambulance parts, air filtration systems, and much more: The state of New York auctions equipment purchased for the COVID pandemic that it no longer needs.

NPR's Business Story of the Day

02.12.2022

Planet Money's 'The Indicator': How Musk bought Twitter with other people's money : NPR

Elon Musk bought Twitter for $44 billion, but almost a third of it was in bank loans. He used a leveraged buyout strategy, which means Twitter, not Musk, is on the hook to pay back the loans.

NPR's Business Story of the Day

01.12.2022

Sam Bankman-Fried is speaking out about FTX's fall against his lawyers' wishes : NPR

During an hour-long interview at the New York Times Dealbook Summit, Bankman-Fried frequently portrayed himself as in the dark about the condition of the multi-billion dollar exchange he founded.

NPR's Business Story of the Day

29.11.2022

CEOs no longer question if there will be a recession. The question now is when? : NPR

As the Federal Reserve maintains it can get high inflation under control without triggering a recession, 98% of CEOs surveyed say they're preparing for a recession in the next 12 to 18 months.

NPR's Business Story of the Day

29.11.2022

World leaders have reached a new agreement on climate change : NPR

Climate change negotiations have concluded at the U.N. summit in Egypt. World leaders took a historic step to help developing countries pay for damages from climate impacts. But did they do enough?

NPR's Business Story of the Day

29.11.2022

How rising interest rates affect your day to day : NPR

The fed raised interest rates again this week by 3/4 of a percent, and mortgage rates have seen their biggest jump in 40 years. Borrowing on credit cards, and car loans is also going up.

NPR's Business Story of the Day

29.11.2022

Congress has gotten involved in the Ticketmaster-Taylor Swift fiasco : NPR

NPR's Leila Fadel talks to Anne Steele of The Wall Street Journal about Ticketmaster bungling the ticket release for Swift's new tour. Questions are raised about the company's grip on the industry.

NPR's Business Story of the Day

29.11.2022

The frenzied housing market has hit a serious speed bump : NPR

September's existing home sales dropped 24% from a year ago — to the lowest level in a decade. Prices fell too. Higher mortgage rates have thrown cold water on the once hot market.

NPR's Business Story of the Day

29.11.2022

How Argentina is trying to win its struggle with an 83% rate of inflation : NPR

Argentina's economy is in chaos again. One way the government is attempting to prop up the quickly devaluing peso is by creating a complex web of rules and taxes on the exchange of foreign currencies.

NPR's Business Story of the Day

29.11.2022

As inflation intensifies, the IRS is increasing the standard deductions for 2023 : NPR

High inflation means some taxpayers will pay less to the IRS next year, and some will be dropped into a lower tax bracket. NPR's Leila Fadel talks to Jacob Bogage of The Washington Post.

NPR's Business Story of the Day

29.11.2022

The people most interested in electric vehicles can't afford to buy them : NPR

Studies show a generational gap in electric vehicle purchases: younger people tend to be more excited about them, but less able to afford them. (Story aired on All Things Considered on Nov. 8, 2022.)

NPR's Business Story of the Day

29.11.2022

Biden's student loan forgiveness plan left these borrowers behind : NPR

Hundreds of thousands of borrowers spent just over a month thinking they qualified for student loan cancellation. Now they don't.

NPR's Business Story of the Day

29.11.2022

'Tracers in the Dark' explores the growth of illicit commerce with cryptocurrency : NPR

NPR's Steve Inskeep speaks with Andy Greenberg about crytocurrency crime. Greenberg is the author of the new book, Tracers in the Dark: The Global Hunt for the Crime Lords of Cryptocurrency.

NPR's Business Story of the Day

29.11.2022

Elon Musk is leading some Twitter users to fly to Mastodon : NPR

Now that Elon Musk owns Twitter, some of the social network's users are looking for alternatives. One that's ballooned in the past two weeks is Mastodon.

NPR's Business Story of the Day

29.11.2022

FBI says China could use TikTok to spy on Americans, including government workers : NPR

GOP Sen. Marco Rubio introduced a bill that would ban TikTok. NPR's A Martinez talks to Aynne Kokas, professor of media studies and the director of the East Asia Center at the University of Virginia.

NPR's Business Story of the Day

29.11.2022

The trucking industry needs drivers. These teenagers are stepping up : NPR

The trucking industry projects it will need to hire over a million drivers over the next decade. One idea that's gained some traction: Bring in younger drivers, starting in high school.

NPR's Business Story of the Day

29.11.2022

College endowments are experiencing some whiplash : NPR

After setting records in 2021, endowment returns have fallen dramatically amid economic uncertainty. Some colleges and universities have endowments that rival the economies of entire countries.

NPR's Business Story of the Day

29.11.2022

As mortgage rates rise, some people are giving up on owning a home : NPR

Mortgage rates are up near 7%. That's adding nearly $1,000 a month to the mortgage payment for a typical house, sending home ownership beyond reach for more and more Americans.

home›NPR's Business Story of the Day›Economy

NPR's Business Story of the Day - Economy

Goldman Sachs announces the largest round of layoffs since 2008's financial crisis : NPR

New student loan plan faces funding crisis over debt relief : NPR

Advice on what to do if you think you might be laid off : NPR

Employers slowed their rate of hiring in December, easing the Fed's inflation fears : NPR

The job market was on a hot streak for much of 2022, but chilly winds are blowing : NPR

A new professional cricket league launches in the U.S. in July : NPR

Sam Bankman-Fried pleads not guilty to charges tied to FTX collapse : NPR

Could a bill passed by the previous Congress make it easier to save for retirement? : NPR

What we can expect from the economy in 2023 : NPR

Florida residents worry about housing costs after Hurricane Ian destruction. : NPR

From the great resignation to unionizing: Starbucks reflects 2022's labor journey : NPR

Customers of Southwest question their loyalty after massive flight delays : NPR

2022 marked the end of cheap mortgages and now the housing market has turned icy cold : NPR

One of the country's oldest independent record stores is going out of business : NPR

FTX founder Sam Bankman-Fried has been extradited to the U.S. : NPR

The Planet Money team deciphers whether chart reading will predict stock winners : NPR

Ammunition shortage causes Alaska Natives to have trouble putting food on the table : NPR

Fox News defamation lawsuit pulls in Rupert Murdoch : NPR

Savings at the gas pump are eaten up at the supermarket, as inflation stays high : NPR

Sweeping tech layoffs are hitting immigrant workers hard : NPR

New York's pandemic preparedness equipment is up for auction : NPR

Planet Money's 'The Indicator': How Musk bought Twitter with other people's money : NPR

Sam Bankman-Fried is speaking out about FTX's fall against his lawyers' wishes : NPR

CEOs no longer question if there will be a recession. The question now is when? : NPR

World leaders have reached a new agreement on climate change : NPR

How rising interest rates affect your day to day : NPR

Congress has gotten involved in the Ticketmaster-Taylor Swift fiasco : NPR

The frenzied housing market has hit a serious speed bump : NPR

How Argentina is trying to win its struggle with an 83% rate of inflation : NPR

As inflation intensifies, the IRS is increasing the standard deductions for 2023 : NPR

The people most interested in electric vehicles can't afford to buy them : NPR

Biden's student loan forgiveness plan left these borrowers behind : NPR

'Tracers in the Dark' explores the growth of illicit commerce with cryptocurrency : NPR

Elon Musk is leading some Twitter users to fly to Mastodon : NPR

FBI says China could use TikTok to spy on Americans, including government workers : NPR

The trucking industry needs drivers. These teenagers are stepping up : NPR

College endowments are experiencing some whiplash : NPR

As mortgage rates rise, some people are giving up on owning a home : NPR

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