The ‘Planet Money’ team took on a challenge: making an economics podcast for children Our Planet Money team regularly explains the financial world to adults. But recently they gave themselves the challenge of explaining the complex workings of the economy… to kids. Read more on NPR
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Economy Update From NPR: Many experts feared a recession. Instead, the economy has continued to soar
Many experts feared a recession. Instead, the economy has continued to soar The U.S. economy grew substantially faster in the final months of 2023 than forecasters had expected. For all of last year, the economy grew 3.1% — defying forecasts of a likely recession. Read more on NPR
Economy Update From NPR: Housing is now unaffordable for a record half of all U.S. renters, study finds
Housing is now unaffordable for a record half of all U.S. renters, study finds A new Harvard analysis finds people across income levels got squeezed by rent hikes during the pandemic. The market has lost millions of low-rent places, and new construction is mostly high-end. Read more on NPR
Economy Update From NPR: The West Bank economy has been hammered by war
The West Bank economy has been hammered by war More than three months into Israel’s war in Gaza, the economy of the West Bank is reeling. Many fear the economic pain may lead to even more violence in the territory. Read more on NPR
Economy Update From NPR: Families, colleges remain in limbo as the Education Department promises to fix FAFSA
Families, colleges remain in limbo as the Education Department promises to fix FAFSA Families and college financial aid offices are scrambling for answers as the U.S. Department of Education says it will fix a serious mistake with this year’s Free Application for Federal Student Aid. Read more on NPR
Economy Update From NPR: NYC joins a growing wave of local governments erasing residents’ medical debt
NYC joins a growing wave of local governments erasing residents’ medical debt The city is partnering with the nonprofit RIP Medical Debt to buy up and forgive unpaid medical bills. The trend started in Cook County, Ill., and is spreading to cities across the country. Read more on NPR
Economy Update From NPR: Bus stations around the country are closing, leaving waiting riders without shelter
Bus stations around the country are closing, leaving waiting riders without shelter Dozens of downtown bus stations have been sold off, and many are now shuttered. For low-income bus passengers, that often means no place to eat, shelter or use the restroom while waiting for a ride. Read more on NPR
Economy Update From NPR: Public sentiment about the economy is looking up, polls show
Public sentiment about the economy is looking up, polls show Americans are starting to feel better about the economy. Public sentiment has jumped sharply in the last two months. Read more on NPR
Economy Update From NPR: As Houthi attacks on ships escalate, experts look to COVID supply chain lessons
As Houthi attacks on ships escalate, experts look to COVID supply chain lessons Shipping experts hope lessons learned during the COVID-19 pandemic, the Suez Canal disruption in 2021 and Somali pirate attacks more than a decade ago will mitigate widespread problems this time. Read more on NPR
Economy Update From NPR: The mixed message about China’s economy
The mixed message about China’s economy Chinese Premier Li Qiang spoke this week at the World Economic Forum in Switzerland, saying the Chinese economy was doing just fine. Signals out of Beijing have been conveying a different message. Read more on NPR