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Month: August 2022
Economy Update From NPR: Why even environmentalists are supporting nuclear power today
Why even environmentalists are supporting nuclear power today Environmentalists advocating for nuclear power have led a push to extend the operating life of Diablo Canyon, California’s last nuclear power plant. Japan and Germany consider similar extensions. Read more on NPR
Economy Update From NPR: Inside the rise of ‘stealerships’ and the shady economics of car buying
Inside the rise of ‘stealerships’ and the shady economics of car buying Car dealerships deploy tricks and traps to make as much money as they can from you. Here’s what I learned when trying to buy a new car. Read more on NPR
Economy Update From NPR: Is it fair to forgive student loans? Examining 3 of the arguments of a heated debate
Is it fair to forgive student loans? Examining 3 of the arguments of a heated debate President Biden’s plan to forgive hundreds of billions of dollars in student debt will help millions – but it’s also raising concerns about inflation, economic fairness and college tuition costs. Read more on NPR
Economy Update From NPR: Interest rates will rise until inflation is under control, Fed chair Powell says
Interest rates will rise until inflation is under control, Fed chair Powell says Federal Reserve chairman Jerome Powell pledged that he and his colleagues will keep raising interest rates until they’re confident that inflation is under control. Read more on NPR
Economy Update From NPR: How Spotify did an IPO on its own terms
How Spotify did an IPO on its own terms Here’s an open secret: IPOs, Initial Public Offerings, aren’t actually public. Insider investors buy all the shares the night before. Spotify tried to change that. Read more on NPR
Economy Update From NPR: News brief: Wyoming economic summit, student debt equity, nuclear plant at risk
News brief: Wyoming economic summit, student debt equity, nuclear plant at risk The Fed chair speaks in Jackson Hole, Wyo. President Biden’s student loan plan is designed to help low-income borrowers. Conditions deteriorate at a Ukrainian nuclear plant under Russian control. Read more on NPR
Economy Update From NPR: Retailers say shoppers are making fewer purchases but inflation means they pay more
Retailers say shoppers are making fewer purchases but inflation means they pay more The latest report cards from top U.S. retailers show shoppers are making fewer purchases and fewer trips to stores. But when they check out, they tend to spend more because things cost more. Read more on NPR
Economy Update From NPR: Fed chief Jerome Powell is under pressure to curb inflation
Fed chief Jerome Powell is under pressure to curb inflation Federal Reserve chairman Jerome Powell speaks Friday morning in Jackson Hole, Wyoming. Powell hopes to curb inflation without pushing the economy into recession. Read more on NPR
Economy Update From NPR: Households across the U.K. are about experience an 80% jump in energy costs
Households across the U.K. are about experience an 80% jump in energy costs The latest price cap — the maximum amount that gas suppliers can charge customers — will take effect Oct. 1, just as the cold months set in. And bills are expected to rise again in January. Read more on NPR