Economy May 18 Economic experts on what could happen if Congress fails to raise debt ceiling Congressional and White House negotiators met again Thursday as they try to reach a deal on the debt ceiling. President Biden and Speaker McCarthy said they believe they can get an agreement next week. But fears of a default still…
Economy May 05 Jobs report shows strong employment growth but many still choosing gig economy The U.S. labor market is again showing signs of resilience and unexpected strength amid other economic clouds. The latest report found job growth higher than expected in April with 253,000 new jobs spread throughout many sectors of the economy. Paul…
Economy Apr 27 What the latest GDP report says about the strength of the U.S. economy The newest GDP data suggests the U.S. economy is slowing down. Consumers are still spending and companies are still hiring and investing, but it’s not at the same pace as last year. At the same time, the economy continues to…
Health Apr 18 Long COVID symptoms keeping many Americans from returning to work Three years after the start of the pandemic, some 16 million Americans have long COVID, meaning their symptoms continue well after the initial infection. An estimated 4 million people say long COVID has significantly reduced their ability to carry out…
Economy Mar 28 The factors behind Silicon Valley Bank’s collapse As lawmakers hold hearings about the collapse of Silicon Valley Bank, Economics Correspondent Paul Solman takes a look at what factors were behind the second-largest bank failure in U.S. History.
Economy Mar 13 Government takes steps to shore up confidence after collapse of two banks sparks fears Regional banks took a beating and suffered their deepest losses in years on the stock market Monday. It came after the government's top financial authorities spent the weekend taking action to shore up confidence around the system after the failure…
Nation Mar 13 The risks student-athletes face amid sports betting boom March Madness brackets are set and with it comes billions of dollars in bets on the games. Paul Solman recently reported on betting companies partnering with universities and the threat it poses for students. But it turns out problems are…
Nation Feb 27 College partnerships are bringing sports betting to campus. Are students safe? We are weeks away from college basketball’s March Madness and billions of dollars worth of wagers on the games. As more states legalize sports betting, Paul Solman reports on the increasing concern that some colleges are too involved in its…
Nation Feb 03 Hiring surges but trends show more working-age men dropping out of labor force Job growth surged last month, shaking off fears of a hiring slowdown. Employers added 517,000 jobs in a hiring boom far stronger than anyone had expected. The jobless rate dropped to 3.4%, the lowest level in 53 years. The report…
Economy Jan 30 What’s causing the price of eggs to skyrocket nationwide? Prices at the grocery store have risen for many foods, but the cost of eggs climbed the most in the last year and consumers have scrambled to keep up. What's behind so-called Eggflation? Economics correspondent Paul Solman takes a look.