Economy Update From NPR: Food prices are going up — and at levels Americans haven’t seen in decades

Food prices are going up — and at levels Americans haven’t seen in decades The USDA’s latest report found that nearly all major food groups are going up in price. Read more on NPR

Economy Update From NPR: Cities like Tulsa in Oklahoma are paying people to move there

Cities like Tulsa in Oklahoma are paying people to move there Many workers now have the ability to work remotely. And cities across the country are trying to lure these workers with cash and other perks. Read more on NPR

Economy Update From NPR: It’s been a volatile quarter on Wall Street, fueling fears about a possible recession

It’s been a volatile quarter on Wall Street, fueling fears about a possible recession On Wall Street, the first quarter of 2022 was characterized by extreme volatility, as the Federal Reserve started to hike interest rates to fight surging inflation and Russia invaded Ukraine. Read more on NPR

Economy Update From NPR: Biden considering to tap oil reserves to control gas prices

Biden considering to tap oil reserves to control gas prices The consideration to tap the strategic reserve comes as prices have spiked since the U.S. and allies have imposed steep sanctions on Russia over its invasion of Ukraine. Read more on NPR

Economy Update From NPR: GameStop’s stock is on fire once again and here’s why

GameStop’s stock is on fire once again and here’s why A year after the “meme stock” phenomenon, GameStop continues to perform far above investment experts’ predictions. Read more on NPR

Economy Update From NPR: There’s never been such a severe shortage of homes in the U.S. Here’s why

There’s never been such a severe shortage of homes in the U.S. Here’s why Home prices rose nearly 20% last year, in large part because the U.S. is several million homes short of demand. Builders say the pandemic is partly to blame, but the problem goes deeper than that. Read more on NPR

Economy Update From NPR: How Putin Conquered Russia’s Oligarchy

How Putin Conquered Russia’s Oligarchy In 2000, Vladimir Putin began targeting oligarchs who did not bend to his authority. The loyalists who remained — and new ones who subsequently got rich — became like ATM machines for the president. Read more on NPR

Economy Update From NPR: Encore: In the U.S., there’s a historic shortage of homes — around 3 million short

Encore: In the U.S., there’s a historic shortage of homes — around 3 million short The U.S. is in the midst of a historic housing shortage. Supply chain problems are only part of the reason. The country needs something like 3 million more than it has. Read more on NPR

Economy Update From NPR: Community college enrollment is down, but skilled-trades programs are booming

Community college enrollment is down, but skilled-trades programs are booming Enrollment in two-year colleges has dropped nationwide by about 750,000 students. But degree programs in construction trades are booming. Read more on NPR

Economy Update From NPR: California grocery workers vote to authorize strike

California grocery workers vote to authorize strike Talks are scheduled to resume Wednesday between the union representing about 47,000 workers and the major supermarket chains. Read more on NPR