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President Trump announced plans to levy 50 percent tariffs on goods imported from the European Union, and on iPhones not made in the U.S., causing stock markets to tumble. We look at the impact of the president's shifting trade policies on the market. Then, the challenges of bringing some manufacturing jobs to the U.S., and we bid farewell to a podcast stalwart. This podcast: voting correspondent Miles Parks, chief economics correspondent Scott Horsley, senior political editor and correspondent Domenico Montanaro, and political correspondent Susan Davis.This podcast was produced by Lexie Schapitl & Casey Morell, and edited by Casey Morell. Our executive producer is Muthoni Muturi.Listen to every episode of the NPR Politics Podcast sponsor-free, unlock access to bonus episodes with more from the NPR Politics team, and support public media when you sign up for The NPR Politics Podcast+ at plus.npr.org/politics.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy
From utilizing tax data to trace immigrants without legal status to threatening Harvard University's tax exemption, President Trump has been trying to use the IRS for his own political purposes, in ways that may seem unprecedented.But they're not. Former President Richard Nixon laid the groundwork more than four decades ago, when he tried to use the tax collector to punish his enemies and assist his friends, as NPR's Scott Horsley reports.Support NPR and hear every episode of Trump's Terms sponsor-free with NPR+. Sign up at plus.npr.org.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy
We examine Trump's actions and missteps in first 100 days on the economy, immigration and foreign policy, with NPR's Franco Ordonez, Ximena Bustillo, and Scott Horsley. Support NPR and hear every episode of Trump's Terms sponsor-free with NPR+. Sign up at plus.npr.org.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy
Wednesday marks Trump's 100th day in office. NPR's Scott Horsley looks at the economy after 100 days of the second Trump administration. Then, government programs that serve kids are among the many being slashed by the Trump administration. ProPublica's Eli Hager tells us how those cuts will affect the nation's most vulnerable children. And, we check in with two people who voted for Trump. We hear from Jordan Willey and Tracey Danka.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy
What does it take to keep the economy stable? That is a question that Jerome Powell considers every day in his role as Chair of the Federal Reserve. It's also a role that is meant to be done independent of politics. However, Powell's name has been making headlines, following a series of comments made by President Trump attacking Powell, after he warned that the President's aggressive tariff policies could hurt the economy.President Trump has been threatening to fire Powell, something he backed away from Tuesday afternoon.As NPR's Scott Horsley reports, all this is further rattling financial markets, making Jerome Powell's task of keeping the economy stable even harder to do.For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org.Email us at considerthis@npr.org.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy
President Trump's trade war is rattling businesses and financial markets around the world, and many investors are eager to see an off-ramp. NPR's Scott Horsley explains why there may not be one. Support NPR and hear every episode of Trump's Terms sponsor-free with NPR+. Sign up at plus.npr.org.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy
On the campaign trail, Donald Trump promised to enact tariffs on some of the United States' largest trading partners. As president, he has made good on that promise — but with more than a few exceptions and caveats. This episode: political correspondent Sarah McCammon, White House correspondent Asma Khalid, and chief economic correspondent Scott Horsley.The podcast is produced by Bria Suggs & Kelli Wessinger and edited by Casey Morell. Our executive producer is Muthoni Muturi.Listen to every episode of the NPR Politics Podcast sponsor-free, unlock access to bonus episodes with more from the NPR Politics team, and support public media when you sign up for The NPR Politics Podcast+ at plus.npr.org/politics.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy
He campaigned on lowering the cost of household goods, but inflation remains outside the range the Federal Reserve desires, and the cost of eggs, among other items, remains higher than usual. What does President Trump's economic policy look like?This episode: political correspondent Sarah McCammon, White House correspondent Danielle Kurtzleben, and chief economics correspondent Scott Horsley.The podcast is produced by Bria Suggs & Kelli Wessinger, and edited by Casey Morell. Our executive producer is Muthoni Muturi.Listen to every episode of the NPR Politics Podcast sponsor-free, unlock access to bonus episodes with more from the NPR Politics team, and support public media when you sign up for The NPR Politics Podcast+ at plus.npr.org/politics.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy
President-elect Trump's campaign promises included imposing broad tariffs to bolster U.S. manufacturing jobs, pursuing mass deportations to free jobs for U.S. citizens and ease the housing crunch, and assuming a greater role in setting monetary policy. How likely is it that these policies will be enacted and, if so, what would be their possible consequences? Binyamin Appelbaum of The New York Times, Scott Horsley of NPR, Greg Ip of The Wall Street Journal, and Heather Long of The Washington Post join EconoFact Chats to discuss the feasibility and probable outcomes of the President-elect's stated economic plans.
In a post on Truth Social Monday evening, President-elect Trump announced he plans to enact tariffs on goods from Canada, China and Mexico on his first day in office. How could this plan work, what would the economic impacts be, and will it really happen? This episode: political correspondent Susan Davis, White House correspondent Franco Ordoñez, and chief economics correspondent Scott Horsley.The podcast is produced by Jeongyoon Han and Kelli Wessinger, and edited by Casey Morell. Our executive producer is Muthoni Muturi.Listen to every episode of the NPR Politics Podcast sponsor-free, unlock access to bonus episodes with more from the NPR Politics team, and support public media when you sign up for The NPR Politics Podcast+ at plus.npr.org/politics.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy
Trump's Trials is now Trump's Terms. Each episode, host Scott Detrow curates NPR coverage of the incoming Trump administration.This episode: President-elect Trump plans to nominate hedge fund manager Scott Bessent to serve as Treasury Secretary. He'll be tasked with moving big parts of the incoming president's agenda, including tax cuts and tariffs. NPR's Scott Horsley speaks with All Things Considered host Ailsa Chang.Support NPR and hear every episode sponsor-free with NPR+. Sign up at plus.npr.org.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy
Suffice it to say the economy is quite complicated and making sense of the specific impact of any one policy is quite difficult. But a number of the priorities President-elect Trump has championed, including mass deportations and steep tariffs, could all lead to yet another spike in the cost of living.This episode: White House correspondent Deepa Shivaram, senior national political correspondent Mara Liasson, and chief economics correspondent Scott Horsley.The podcast is produced by Jeongyoon Han, Casey Morell and Kelli Wessinger. Our editor is Eric McDaniel. Our executive producer is Muthoni Muturi.Listen to every episode of the NPR Politics Podcast sponsor-free, unlock access to bonus episodes with more from the NPR Politics team, and support public media when you sign up for The NPR Politics Podcast+ at plus.npr.org/politics.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy
The economy often figures as a major topic of debate in the lead-up to elections. This election cycle is no exception. While both Presidential candidates have frequently discussed recent economic developments including inflation, trade, tariffs, infrastructure spending, and industrial policy, what economic policies are they likely to try implement if elected? And what impact could those policies have? Binyamin Applebaum of the New York Times, Scott Horsley of NPR, Greg Ip of the Wall Street Journal, and Heather Long of the Washington Post join EconoFact Chats to discuss.
The economy often figures as a major topic of debate in the lead-up to elections. This election cycle is no exception. While both Presidential candidates have frequently discussed recent economic developments including inflation, trade, tariffs, infrastructure spending, and industrial policy, what economic policies are they likely to try implement if elected? And what impact could those policies have? Binyamin Applebaum of the New York Times, Scott Horsley of NPR, Greg Ip of the Wall Street Journal, and Heather Long of the Washington Post join EconoFact Chats to discuss.
It just got cheaper to borrow money in the United States; the Federal Reserve cut interest rates, signalling that it believes inflation is largely over with and the economy is generally strong.Here's how Vice President Harris and Donald Trump are talking about the state of the economy and their policy proposals.This episode: White House correspondent Deepa Shivaram, campaign correspondent Danielle Kurtzleben, and chief economics correspondent Scott Horsley.The podcast is produced by Jeongyoon Han, Casey Morell and Kelli Wessinger. Our editor is Eric McDaniel. Our executive producer is Muthoni Muturi.Listen to every episode of the NPR Politics Podcast sponsor-free, unlock access to bonus episodes with more from the NPR Politics team, and support public media when you sign up for The NPR Politics Podcast+ at plus.npr.org/politics.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy
On today's podcast, we'll chat with two global asset-allocation specialists, Omar Aguilar from Charles Schwab and Sébastien Page from T. Rowe Price. Omar is CEO and chief investment officer for Schwab Asset Management. Before joining Schwab in 2011, he worked at a variety of firms including Financial Engines, ING Investment Management, Lehman Brothers, Merrill Lynch Investment Management, and Bankers Trust.And Sébastien Page is head of Global Multi-Asset Investing at T. Rowe Price, where he oversees a team of investment professionals dedicated to the firm's multi-asset portfolios. He's a member of T. Rowe Price's Asset Allocation Committee, and he's also a member of the Management Committee of T. Rowe Price Group. Prior to joining the firm in 2015, Sébastien was an executive vice president at Pimco, where he led a team focused on research and development of multi-asset solutions. And he was a senior managing director at State Street Global Markets before that.BackgroundBios: Omar AguilarSébastien PageBeyond Diversification: What Every Investor Needs to Know About Asset Allocation, by Sébastien PageCurrent Economic Environment“Eight Ways RIAs, Investors View Markets Over the Next Year: Schwab,” by Dinah Wisenberg Brin, thinkadvisor.com, June 14, 2024.“The Fed Will Now Focus on Unemployment and Labor Markets, Says Charles Schwab's Omar Aguilar,” Video interview on Closing Bell: Overtime, cnbc.com, July 15, 2024.“All Eyes on Central Banks,” 2024 Global Market Outlook Midyear Update, troweprice.com, June 2024.“Inflation's Ripple Effect on the Economy,” Market Overtime interview with Omar Aguilar, youtube.com.“Why a Weaker Jobs Market Is Sparking Recession Fears,” by Scott Horsley, npr.org, Aug. 2, 2024.“Inflation Coming Down Too Fast Could Hurt Earnings, Says T.Rowe Price's Sebastien Page,” Video interview on Closing Bell: Overtime, cnbc.com, Jan. 30, 2024.“The Four Horsemen of the Recession,” by Sébastien Page, linkedin.com, June 2, 2023.“US Economy in ‘Solid Position' Despite Slowing Job Growth, Says Schwab's Aguilar,” Video interview on Squawk on the Street, cnbc.com, Aug. 4, 2023.“Special Topic: Can the Fed Cut Rates With Financial Conditions This Loose?” by Sébastien Page, linkedin.com, June 27, 2024.“2024 Global Market Outlook: Tectonic Shifts Create New Opportunities,” by Arif Husain, Sébastien Page, and Justin Thomson, linkedin.com, Dec. 21, 2023.Asset Allocation“Perspective: Asset Classes Versus Risk Factors or Asset Classes and Risk Factors?” by Sébastien Page, The Journal of Portfolio Management, Dec. 31, 2023.“The Myth of Diversification Reconsidered,” by William Kinlaw, Mark Kritzman, Sébastien Page, and David Turkington, The Journal of Portfolio Management, August 2021.“Personalized Target-Date Funds,” by Kobby Aboagye, Sébastien Page, Louisa Schafer, and James Tzitzouris, The Journal of Portfolio Management, March 2024.“The Hottest Debate in Asset Allocation: Value vs. Growth Stocks,” by Sébastien Page, linkedin.com, April 25, 2024.“The Sector X-Ray,” by Sébastien Page, linkedin.com, Aug. 31, 2023.Valuation and Interest Rates“When Valuation Fails,” by Sébastien Page, linkedin.com, May 29, 2024.“Relative Valuation: A Crucial but Imperfect Guide,” by Sébastien Page, linkedin.com, Feb. 8, 2024.“Is the Market Broadening?” by Sébastien Page, linkedin.com, Jan. 8, 2024.“Let's Get Real (About Interest Rates),” by Sébastien Page, linkedin.com, March 7, 2024.Other“The Sahm Rule Recession Indicator Definition and How It's Calculated,” by Mallika Mitra, Investopedia.com, Aug. 5, 2024.
What does that distinction mean for Democrats' political fortunes come November? Will the 2024 look more like the 2022 midterm elections, where voters backed Democrats despite a struggling economy? Or is it 1980, when inflation and an unpopular Democratic president led to a surge in Republican power?This episode: White House correspondent Asma Khalid, chief economics correspondent Scott Horsley, and national political correspondent Mara Liasson.This podcast was produced by Jeongyoon Han, Casey Morell and Kelli Wessinger. Our editor is Eric McDaniel. Our executive producer is Muthoni Muturi. Listen to every episode of the NPR Politics Podcast sponsor-free, unlock access to bonus episodes with more from the NPR Politics team, and support public media when you sign up for The NPR Politics Podcast+ at plus.npr.org/politics.Learn more about sponsor message choices: podcastchoices.com/adchoicesNPR Privacy Policy
U.S. unemployment remains low while inflation has fallen, even though it remains above its 2 percent target. But there remain public concerns about the economy. Binyamin Appelbaum of The New York Times, Scott Horsley of NPR, Greg Ip of The Wall Street Journal, and Heather Long of The Washington Post join EconoFact Chats to discuss some of the sources of current economic discontentment among voters, as well as issues related to the longer-run performance of the economy, such as inequality, housing, and manufacturing competitiveness.
U.S. unemployment remains low while inflation has fallen, even though it remains above its 2 percent target. But there remain public concerns about the economy. Binyamin Appelbaum of The New York Times, Scott Horsley of NPR, Greg Ip of The Wall Street Journal, and Heather Long of The Washington Post join EconoFact Chats to discuss some of the sources of current economic discontentment among voters, as well as issues related to the longer-run performance of the economy, such as inequality, housing, and manufacturing competitiveness.
The United States economy surprised many in 2023 with its low inflation, high employment, and strong economic growth. In spite of this, American consumer sentiment had been relatively negative until recently, but now has begun to improve in line with this good performance. Binyamin Appelbaum of The New York Times, Scott Horsley of NPR, Greg Ip of The Wall Street Journal, and Heather Long of The Washington Post join EconoFact Chats to discuss the sources of the good economic performance, the disconnect with consumer sentiment, some reasons for continued economic optimism, as well as key risks going into 2024.
The United States economy surprised many in 2023 with its low inflation, high employment, and strong economic growth. In spite of this, American consumer sentiment had been relatively negative until recently, but now has begun to improve in line with this good performance. Binyamin Appelbaum of The New York Times, Scott Horsley of NPR, Greg Ip of The Wall Street Journal, and Heather Long of The Washington Post join EconoFact Chats to discuss the sources of the good economic performance, the disconnect with consumer sentiment, some reasons for continued economic optimism, as well as key risks going into 2024.
President Biden has been touting his economic plan as the economy recovers after the pandemic. We look at how the economy fared in 2023 and what could be in store in 2024. This episode: senior White House correspondent Tamara Keith, White House correspondent Asma Khalid, and chief economics correspondent Scott Horsley.This episode was edited by Erica Morrison. It was produced by Jeongyoon Han and Casey Morell. Our executive producer is Muthoni Muturi.Unlock access to this and other bonus content by supporting The NPR Politics Podcast+. Sign up via Apple Podcasts or at plus.npr.org. Connect:Email the show at nprpolitics@npr.orgJoin the NPR Politics Podcast Facebook Group.Subscribe to the NPR Politics Newsletter.
Binyamin Applebaum of the New York Times, Larry Edelman of the Boston Globe, Scott Horsley of NPR, and Heather Long of the Washington Post join EconoFact Chats for the 9th edition of the podcast's panel discussion with economic journalists. Binyamin, Larry, Scott and Heather focus on inflation, affordable housing, the temporarily averted government shutdown, the auto-workers strike and what that might imply about the union movement, and the ongoing Amazon and Google anti-trust cases.
Binyamin Applebaum of the New York Times, Larry Edelman of the Boston Globe, Scott Horsley of NPR, and Heather Long of the Washington Post join EconoFact Chats for the 9th edition of the podcast's panel discussion with economic journalists. Binyamin, Larry, Scott and Heather focus on inflation, affordable housing, the temporarily averted government shutdown, the auto-workers strike and what that might imply about the union movement, and the ongoing Amazon and Google anti-trust cases.
The Supreme Court heard a case Tuesday that threatened the existence of the Consumer Financial Protection Bureau.NPR's Nina Totenberg reports on the legal arguments in a case brought by payday lenders against the watchdog agency.And NPR's Scott Horsley walks through the track record of the CFPB since its founding in the wake of the 2008 financial crisis.Email us at considerthis@npr.org.
Inflation is way down, the U.S. is faring better than other major economies, and people broadly say their own personal financial situation is good. So why are people so down on the economy?This episode: voting correspondent Miles Parks, White House correspondent Tamara Keith, and chief economics correspondent Scott Horsley.The podcast is produced by Elena Moore and Casey Morell. Our editor is Eric McDaniel. Our executive producer is Muthoni Muturi. Unlock access to this and other bonus content by supporting The NPR Politics Podcast+. Sign up via Apple Podcasts or at plus.npr.org. Connect:Email the show at nprpolitics@npr.orgJoin the NPR Politics Podcast Facebook Group.Subscribe to the NPR Politics Newsletter.
Lots of women left the workforce early in the pandemic. At the time, there were fears these women would stay out of the workforce for years, if they returned at all. But women's participation in the labor force, between the ages of 25 and 54, is at an all time high.Check out more of NPR's Scott Horsley's reporting on women's return to the workforce. And listen back to our previous episodes about women leaving the workforce in 2020 and why many women didn't immediately return.For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
The federal government's deficit nearly tripled in the first nine months of the fiscal year, a surge that's bound to raise concerns about the country's rising debt levels.And NPR spoke with young voters from rural North Carolina about the issues on their mind.This episode: White House correspondent Tamara Keith, national political correspondent Mara Liasson, and chief economics correspondent Scott Horsley, politics reporter Ximena Bustillo, and politics reporter Elena Moore.The podcast is produced by Elena Moore and Casey Morell. Our editor is Eric McDaniel. Our executive producer is Muthoni Muturi. Unlock access to this and other bonus content by supporting The NPR Politics Podcast+. Sign up via Apple Podcasts or at plus.npr.org. Connect:Email the show at nprpolitics@npr.orgJoin the NPR Politics Podcast Facebook Group.Subscribe to the NPR Politics Newsletter.
It is all in the numbers: the economy is doing really well. Workers are raises are outpacing inflation and unemployment is still near historic lows. But how people feel about it all is a messier, very political story.This episode: Justice reporter Deepa Shivaram, national political correspondent Mara Liasson, and chief economics correspondent Scott Horsley.The podcast is produced by Elena Moore and Casey Morell. Our editor is Eric McDaniel. Our executive producer is Muthoni Muturi. Unlock access to this and other bonus content by supporting The NPR Politics Podcast+. Sign up via Apple Podcasts or at plus.npr.org. Connect:Email the show at nprpolitics@npr.orgJoin the NPR Politics Podcast Facebook Group.Subscribe to the NPR Politics Newsletter.
A jury in Washington, D.C., has convicted former Proud Boys chairman Enrique Tarrio and three others of seditious conspiracy, handing the Justice Department a key victory in its Jan. 6 probe. And as the country continues to add jobs and boost wages, why do Americans think the country is in a recession?This episode: White House correspondent Asma Khalid, national political correspondent Mara Liasson, national justice correspondent Carrie Johnson, and chief economics correspondent Scott Horsley.The podcast is produced by Elena Moore and Casey Morell. Our editor is Eric McDaniel. Our executive producer is Muthoni Muturi. Unlock access to this and other bonus content by supporting The NPR Politics Podcast+. Sign up via Apple Podcasts or at plus.npr.org. Connect:Email the show at nprpolitics@npr.orgJoin the NPR Politics Podcast Facebook Group.Subscribe to the NPR Politics Newsletter.
Top monetary officials including Federal Reserve chair Jerome Powell and Treasury Secretary Janet Yellen say things have stabilized in the two weeks since panicked depositors rapidly withdrew their money from Silicon Valley Bank and Signature Bank, causing both to fail. But on top of revisiting recently-relaxed banking regulations, policy makers are pondering how to handle the risk of bank runs in the age of smartphone banking.This episode: White House correspondent Asma Khalid, chief economics correspondent Scott Horsley, and national political correspondent Mara Liasson.The podcast is produced by Elena Moore and Casey Morell. It is edited by Eric McDaniel. Our executive producer is Muthoni Muturi. Research and fact-checking by Devin Speak.Unlock access to this and other bonus content by supporting The NPR Politics Podcast+. Sign up via Apple Podcasts or at plus.npr.org. Giveaway: npr.org/politicsplusgiveaway Connect:Email the show at nprpolitics@npr.orgJoin the NPR Politics Podcast Facebook Group.Subscribe to the NPR Politics Newsletter.
New data out Tuesday show inflation remains a thorn in the side of the U.S. economy. Meanwhile, bank failures have Americans on edge. Reset checks in with NPR chief economics correspondent Scott Horsley for the latest on inflation, recent bank failures and what it all means for the economy.
The Biden administration has announced that customers of Silicon Valley Bank will have full access to their deposits, an extraordinary move by federal officials to backstop billions of dollars in uninsured money. In remarks Monday morning, the president indicated he was confident in the banking system after a few high-profile bank closures last week.This episode: White House correspondent Tamara Keith, national political correspondent Mara Liasson, and chief economics correspondent Scott Horsley.The podcast is produced by Elena Moore and Casey Morell. It is edited by Eric McDaniel. Our executive producer is Muthoni Muturi. Research and fact-checking by Devin Speak.Unlock access to this and other bonus content by supporting The NPR Politics Podcast+. Sign up via Apple Podcasts or at plus.npr.org. Giveaway: npr.org/politicsplusgiveaway Connect:Email the show at nprpolitics@npr.orgJoin the NPR Politics Podcast Facebook Group.Subscribe to the NPR Politics Newsletter.
A huge number of voters indicated that the economy was their top concern in the midterm election — something that likely helped Republicans take control of the House of Representatives. But President Biden's party fared far better than expected given how persistent rising costs have been. So what's going on with the economy right now, and what could be coming down the road?This episode: political correspondent Susan Davis, White House correspondent Asma Khalid, and chief economics correspondent Scott Horsley.This episode was produced by Elena Moore and Casey Morell. It was edited by Eric McDaniel. Our executive producer is Muthoni Muturi. Research and fact-checking by Katherine Swartz.Unlock access to this and other bonus content by supporting The NPR Politics Podcast+. Sign up via Apple Podcasts or at plus.npr.org. Connect:Email the show at nprpolitics@npr.orgJoin the NPR Politics Podcast Facebook Group.
Three years into the pandemic, the world could be on the cusp of the biggest outbreak yet — in China. The country had some of the strictest COVID polices anywhere, but in recent weeks has dramatically eased them. And as China has dropped most testing and quarantine requirements, the virus is spreading largely unchecked. How could that impact China and the world?NPR China affairs correspondent John Ruwitch, science correspondent Michaeleen Doucleff and chief economics correspondent Scott Horsley take stock of where things may be headed. In participating regions, you'll also hear a local news segment to help you make sense of what's going on in your community.Email us at considerthis@npr.org.
National issues are increasingly crowding out more local concerns in elections across the country. With that in mind, we hear from five NPR correspondents covering some of the issues that may shape the course of the midterms.Scott Horsley unpacks inflation. Sarah McCammon explains how this year's Supreme Court decision striking down a constitutional right to abortion is shaping voter decisions. Joel Rose puts immigration numbers in context. Martin Kaste explains why Republicans are making crime an election issue. And Miles Parks explains why Democrats say Democracy itself is on the ballot.In participating regions, you'll also hear a local news segment to help you make sense of what's going on in your community.Email us at considerthis@npr.org.
Protect jobs or how much you can buy for a dollar? It's up to the Federal Reserve, the nation's central bank, to strike a balance. Larry Summers, who worked in the Clinton and Obama administrations, says a recession is likely as the Fed tries to figure it out. Jared Bernstein, a top White House economist, touts the steps the White House has taken to boost the economy — but acknowledged that the administration has limited influence, even if it will bear the political responsibility.This episode: White House correspondent Asma Khalid and chief economics correspondent Scott Horsley.Learn more about upcoming live shows of The NPR Politics Podcast at nprpresents.org.Support the show and unlock sponsor-free listening with a subscription to The NPR Politics Podcast Plus. Learn more at plus.npr.org/politics Connect:Email the show at nprpolitics@npr.orgJoin the NPR Politics Podcast Facebook Group.Subscribe to the NPR Politics Newsletter.
President Biden's plan to forgive federal student loan debt – up to $20,000 for Pell Grant recipients and up to $10,000 for others who qualify – leaves millions of borrowers with unanswered questions. NPR's Sequoia Carrillo and Carolina Rodriguez of the Education Debt Consumer Assistance Program in New York, examine the new plan and help answer some of the frequently asked questions about how it would work. This episode features reporting from NPR's Scott Horsley.In participating regions, you'll also hear a local news segment to help you make sense of what's going on in your community.Email us at considerthis@npr.org.
The federal government will forgive federal student loan debt – up to $20,000 for Pell Grant recipients, and up to $10,000 for others who qualify. We discuss what that means for borrowers, for the economy and how lawmakers are reacting to the president's announcement.This episode: political reporter Deepa Shivaram, education reporter Sequoia Carrillo, and chief economics correspondent Scott Horsley.Learn more about upcoming live shows of The NPR Politics Podcast at nprpresents.org.Support the show and unlock sponsor-free listening with a subscription to The NPR Politics Podcast Plus. Learn more at plus.npr.org/politics Connect:Email the show at nprpolitics@npr.orgJoin the NPR Politics Podcast Facebook Group.Subscribe to the NPR Politics Newsletter.
Gas prices are down. Inflation is dropping ever so slightly. But the cost of food is going up. The price of food in America rose more in the past year than it has at any time since 1979.We'll explore the ways that high food prices are affecting consumers and small businesses alike, and see what inflation means for those who are most vulnerable to food insecurity.This episode features reporting from NPR's Asma Khalid, Scott Horsley and Ari Shapiro, along with Stephan Bisaha from our Gulf States Newsroom.In participating regions, you'll also hear a local news segment to help you make sense of what's going on in your community.Email us at considerthis@npr.org.
Pinellas County, on Florida's west coast, is unique: it backed the winning presidential tickets in 2012, 2016 and 2020, throwing support to Barack Obama, Donald Trump and Joe Biden, respectively. How are voters from different political sides thinking about the elections in a place where inflation is among the highest in the country?Read more reporting from Florida.This episode: political correspondent Danielle Kurtzleben, White House correspondent Asma Khalid, and economic correspondent Scott Horsley.Learn more about upcoming live shows of The NPR Politics Podcast at nprpresents.org.Support the show and unlock sponsor-free listening with a subscription to The NPR Politics Podcast Plus. Learn more at plus.npr.org/politics Connect:Email the show at nprpolitics@npr.orgJoin the NPR Politics Podcast Facebook Group.Subscribe to the NPR Politics Newsletter.
Food, gas, rent — prices are climbing across the board. As inflation hit a 40-year high last month, millions of Americans are adjusting their spending and looking for ways to stretch their budgets. The Federal Reserve is taking action, too. Policy makers are meeting this week to consider whether and how much to raise interest rates in an effort to curb inflation. We talk to NPR's chief economics correspondent Scott Horsley and business correspondent David Gura. In participating regions, you'll also hear a local news segment to help you make sense of what's going on in your community.Email us at considerthis@npr.org.
Inflation hit a new, 40-year high in June, with consumer prices up 9.1% from a year ago. Gas prices were a big part of this, but the cost of essentials like food and shelter are also rising rapidly.It is a real problem for Americans trying to make ends meet — and one that lawmakers, including Joe Biden, have few tools to address. That is likely to leave Democrats in a lurch come November's midterm elections.This episode: White House correspondent Tamara Keith, White House correspondent Scott Detrow, and chief economics correspondent Scott Horsley.Support the show and unlock sponsor-free listening with a subscription to The NPR Politics Podcast Plus. Learn more at plus.npr.org/politics Connect:Email the show at nprpolitics@npr.orgJoin the NPR Politics Podcast Facebook Group.Subscribe to the NPR Politics Newsletter.
Take our survey: https://www.npr.org/podcastsurveyGinni Thomas, the wife of Supreme Court Justice Clarence Thomas, reportedly said she'd be willing to speak to the committee following reporting by the Washington Post that Thomas was communicating with a Trump legal adviser at the heart of the probe.And the Federal Reserve escalated its battle against inflation Wednesday, announcing the largest interest rate hike in 28 years as the central bank struggles to regain control over soaring prices.This episode: White House correspondent Asma Khalid, congressional correspondent Deirdre Walsh, legal affairs correspondent Nina Totenberg, chief economics correspondent Scott Horsley, and voting reporter Miles Parks.Support the show and unlock sponsor-free listening with a subscription to The NPR Politics Podcast Plus. Learn more at plus.npr.org/politics Connect:Email the show at nprpolitics@npr.orgJoin the NPR Politics Podcast Facebook Group.Subscribe to the NPR Politics Newsletter.Find and support your local public radio station.
The Labor Department said Friday that U.S. businesses added 390,000 jobs in May, as the unemployment rate held steady at a very low 3.6 percent and, despite rising prices, American continue to spend. Nevertheless, voters remain concerned about the economy and the White House is scrambling to find a convincing message.This episode: White House correspondent Tamara Keith, White House correspondent Asma Khalid, chief economics correspondent Scott Horsley, demographics and culture correspondent Danielle Kurtzleben, and education correspondent Anya Kamenetz.Support the show and unlock sponsor-free listening with a subscription to The NPR Politics Podcast Plus. Learn more at plus.npr.org/politics Connect:Email the show at nprpolitics@npr.orgJoin the NPR Politics Podcast Facebook Group.Subscribe to the NPR Politics Newsletter.Find and support your local public radio station.
U.S. government tariffs and Department of Agriculture buying practices helped drive consolidation in the baby formula industry. When a major plant shuttered over contamination concerns in February, the industry was already vulnerable to supply chain threats.And after decades of reluctance, Finland and Sweden now hope to join NATO, the U.S.-Europe military alliance founded to protect against possible Russian aggression. The change in stance was prompted by Vladimir Putin's invasion of Ukraine.This episode: White House correspondent Scott Detrow, chief economics correspondent Scott Horsley, congressional correspondent Kelsey Snell, and white House correspondent Franco Ordoñez.Support the show and unlock sponsor-free listening with a subscription to The NPR Politics Podcast Plus. Learn more at plus.npr.org/politics Connect:Email the show at nprpolitics@npr.orgJoin the NPR Politics Podcast Facebook Group.Subscribe to the NPR Politics Newsletter.Find and support your local public radio station.
The leak of a draft opinion from the Supreme Court earlier this month that showed the majority-conservative court ready to overturn Roe v. Wade has led two-thirds of Democrats to say that they are more likely to vote in November, according to the latest NPR/PBS NewsHour/Marist poll. That compares to just 40% of Republicans who said so. It remains to be seen whether that enthusiasm will wane in the months before the election.This episode: White House correspondent Scott Horsley, demographics and culture correspondent Danielle Kurtzleben, and senior political editor and correspondent Domenico Montanaro.Support the show and unlock sponsor-free listening with a subscription to The NPR Politics Podcast Plus. Learn more at plus.npr.org/politics Connect:Email the show at nprpolitics@npr.orgJoin the NPR Politics Podcast Facebook Group.Subscribe to the NPR Politics Newsletter.Find and support your local public radio station.
Lots of people have gotten jobs recently and paychecks are, on average, getting bigger. But what those paychecks can buy is shrinking because costs are going up. So, the Federal Reserve is taking steps to limit the amount of money bouncing around in the economy. That should help slow price increases — but risks a recession.And far-right group leaders are pleading guilty to serious charges tied to their involvement in the January 6th riot. And the congressional investigation has interviewed nearly 1000 people ahead of "primetime" hearings in June.Also: Keanu Reeves reports for the CBC, Blake Lively wears a dress, and Judge Judy makes money.This episode: White House correspondent Tamara Keith, White House correspondent Asma Khalid, chief economics correspondent Scott Horsley, congressional reporter Claudia Grisales, and justice correspondent Ryan Lucas.Support the show and unlock sponsor-free listening with a subscription to The NPR Politics Podcast Plus. Learn more at plus.npr.org/politics Connect:Email the show at nprpolitics@npr.orgJoin the NPR Politics Podcast Facebook Group.Subscribe to the NPR Politics Newsletter.Find and support your local public radio station.
Unemployment in the United States is near record lows, wages are growing quickly, and spending in the service sector is increasing as the pandemic lulls.But there's also some worrying news: more job openings than people who want to fill them, global economic uncertainty stemming from Russia's invasion of Ukraine, and so much demand for consumer goods that the supply chain is struggling to keep up — forces that have all helped to drive inflation.Can the Federal Reserve calibrate its response in a way that won't tip the country into a recession? And what view of the economy will voters have come the November midterm elections? This episode: White House correspondent Tamara Keith, White House correspondent Asma Khalid, and chief economics correspondent Scott Horsley.Connect:Email the show at nprpolitics@npr.orgJoin the NPR Politics Podcast Facebook Group.Subscribe to the NPR Politics Newsletter.Find and support your local public radio station.
The symbolic move was accompanied by an acknowledgement from the president that gas prices are likely to keep rising. Nominally at an all-time high, gasoline prices remain well below their 2008 peak after adjusting for inflation.This episode: White House correspondent Tamara Keith, White House correspondent Scott Detrow, and chief economics correspondent Scott Horsley.Connect:Email the show at nprpolitics@npr.orgJoin the NPR Politics Podcast Facebook Group.Subscribe to the NPR Politics Newsletter.Find and support your local public radio station.