Economy
Oil companies report sky-high profits thanks to wartime crude prices
Chevron reported its highest quarterly earnings ever. Shell had its second-biggest quarter, and ExxonMobil doubled its earnings compared with the same time last year.
NPR·
Economy
Jobs, prices, markets, and the politics of money.
How did boosting manufacturing in the Amazon pay off for Brazil?
Many countries talk about wanting to boost manufacturing. Decades ago, Brazil did it. They lured international businesses to build a whole bunch of factories in the middle of the Amazon. So, with hindsight, was the plan
NPR·
Economy
As Warsh’s Fed faces pressure to act on inflation, these indicators show it’s at its lowest in years
Trimmed mean measures are painting a different picture than the headline numbers.
CNBC·
The U.S. economy is still growing, but at a slower pace
The U.S. economy continues to grow, but at a slower pace than earlier in the year. GDP grew at an annual pace of 1.5% during April, May and June.
NPR·
Americans continue to spend despite rising prices
NPR's Leila Fadel asks Moody's chief economist Mark Zandi about the ways in which Americans are experiencing the high cost of living.
NPR·
Mortgage rates hit their highest level in a year, driven by war and inflation concerns
The 30-year fixed-rate mortgage reached 6.66% on average Thursday.
NPR·
Wall Street is growing increasingly uneasy at the AI investment bubble
NPR·
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