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Yesterday โ€” February 25th 2020NPR Economy

Dow Drops 1900 Points In 2 Days As Markets Sell Off On Fears Of Coronavirus Spread

By Scott Horsley
Specialist Meric Greenbaum works at his post on the floor of the New York Stock Exchange on Tuesday. Stocks slumped and bond prices soared for the second day in a row as fears spread that the widening coronavirus outbreak will put the brakes on the global economy.

The Dow Jones Industrial Average fell 879 points. That's on top of Monday's drop, when the Dow tumbled more than 1,000 points.

(Image credit: Richard Drew/AP)

  • February 25th 2020 at 23:12

Why America Is Losing The Toilet Race

By Greg Rosalsky
Toto illustrations

Japan rethought the bathroom. Why hasn't America?

(Image credit: Toto)

  • February 25th 2020 at 12:30

Coronavirus Spreads To Wall Street; Dow Drops 1,032 Points

By Jim Zarroli

U.S. markets fell sharply amid widening concern that the continuing spread of cases could lead to a global pandemic. The Dow Jones Industrial Average had its worst performance in more than 2 years.

  • February 25th 2020 at 11:06
Before yesterdayNPR Economy

Dow Tumbles More Than 1,000 Points On Fears Of Coronavirus Pandemic

By Scott Horsley
Specialist Mark Fitzgerald works on the floor of the New York Stock Exchange, Monday, Feb. 24, 2020. Markets are down across Europe, Asia, and the U.S. as the virus spreads to more countries around the world.

U.S. stocks fell sharply Monday as investors worried about a growing number of coronavirus infections outside China, and possible fallout for the global economy.

(Image credit: Richard Drew/AP)

  • February 24th 2020 at 16:13

Life Kit: How To Find The Right Mortgage

By Chris Arnold

With rising home prices, many young people think they can't afford homes. But there are alternatives to the traditional 20% down payment, giving more people the opportunity of homeownership.

  • February 23rd 2020 at 01:52

It's Not Clear What Single-Payer Health Care Would Mean For Older Workers

By Ina Jaffe

Under a system like "Medicare for All," there are questions about job loss and older insurance workers. Studies show that job retraining is less effective for older workers.

  • February 22nd 2020 at 13:31

Enjoy The Extra Day Off! More Bosses Give 4-Day Workweek A Try

By Yuki Noguchi
Shake Shack shortened managers

The notion of a shorter workweek might sound crazy to overworked Americans, but around the world, companies and even governments are starting to embrace it. The key is fewer meetings and distractions.

(Image credit: Brittany Murray/MediaNews Group via Getty Images)

  • February 21st 2020 at 11:52

Multinational Companies Reliant On Chinese Goods Disrupted By New Coronavirus

By Scott Horsley

The coronavirus outbreak in China continues to have ripple effects on both sides of the Pacific Ocean. Many multinational companies depend on China for both supplies and sales.

  • February 20th 2020 at 22:08

The Most Dangerous Economist

By Greg Rosalsky
Richard Bissell

When the US needed a spy plane and an invasion, it hired the economist Richard Bissell.

(Image credit: Wikimedia Commons)

  • February 20th 2020 at 19:12

Use Of U.S. Dollar In Venezuela Sustains Some Economic Activity Under U.S. Sanctions

By Philip Reeves

President Nicolás Maduro has allowed the use of U.S. dollars to revive Venezuela's collapsing economy, jumpstarting business and consumption for those with greenbacks. Those without may go hungry.

  • February 19th 2020 at 22:11

Ciao, Italia: Why Italy's Youth are Leaving in Droves

By Bianca Giacobone
Appia all

Italy's young workers have been leaving for decades. One of them worked for Planet Money last winter. Here's what it's like to leave a stagnant economy in a country you love.

(Image credit: Vincenco Giovannini/Wikimedia Commons)

  • February 18th 2020 at 18:46

Amid Climate And Housing Crises, Cities Struggle To Place Housing Near Transit

By Benjamin Purper
The Santa Fe Rail Depot in downtown Redlands, Calif., is the center of one of three "transit villages

San Bernardino County, Calif., is creating a commuter train that reaches the small city of Redlands. While good for the environment, some residents worry it will undo the city's slow growth measures.

(Image credit: Benjamin Purper/KVCR)

  • February 16th 2020 at 15:00

The U.S. Is In The Midst Of An Affordability Crisis, 'Atlantic' Writer Argues

By Scott Simon

NPR's Scott Simon talks with Annie Lowrey of the Atlantic about what she calls the Great Affordability Crisis. She says the cost of housing and health care is bleeding some American families dry.

  • February 15th 2020 at 14:04

Wow Airlines' Bankruptcy Puts A Chill On Iceland's Tourism

By Jackie Northam

A budget airline helped open up Iceland to the masses and add to the nation's economic growth. The airline's collapse has had an equally profound impact on Iceland's economy.

  • February 14th 2020 at 11:03

Fed Nominee Judy Shelton Faces Intense Questioning In Senate Committee

By Scott Horsley

One of President Trump's nominees to the Federal Reserve board of governors fielded tough questioning at her confirmation hearing Thursday. Judy Shelton has drawn criticism even from GOP senators.

  • February 13th 2020 at 22:18

When Your Abandoned Estate Is Possessed By A State, That's Escheat

By Audrey Quinn

States are getting more aggressive claiming abandoned property to use for state purposes, a process known as escheat. But sometimes the holdings don't feel so abandoned to the people who own them.

  • February 13th 2020 at 22:18

U.S. Credit Card Debt Hits All-Time High, And Overdue Payments Rise For Young People

By Chris Arnold

Credit card debt hit a new all-time high and delinquencies are rising sharply for younger people. Fortunately, most Americans are in much more solid financial shape than before the Great Recession.

  • February 13th 2020 at 22:18

Whither The Deficit Hawk: Changing Attitudes On Budget Red Ink Among The GOP

By Audie Cornish
President Trump

William Hoagland, who for years helped shape GOP budget policy, says the public just doesn't see rising deficits as a major issue at a time when the economy is doing well.

(Image credit: J. Scott Applewhite/AP)

  • February 11th 2020 at 23:35

Amid Coronavirus Scare, Taking The Temperature Of The U.S. Economy

President Trump's proposed budget forecasts economic growth. NPR's David Greene talks to David Wessel, director of the Hutchins Center at the Brookings Institution, about the U.S. economy.

  • February 11th 2020 at 11:03

Coronavirus Affects Bottom Line For Businesses In U.S. Chinatowns

By Adrian Ma

The coronavirus outbreak is creating turmoil for businesses — and not just those in China. In some Chinatowns in the U.S., many business owners say the normal flow of customers has evaporated.

  • February 11th 2020 at 11:03
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