Economy

Pages

Economy
5:00 am
Mon April 8, 2013

Study Finds Kentuckians Work Three Months Just to Pay Taxes

April 18th is National Tax Freedom Day, the point at which Americans will have earned enough money to pay this year's tax obligations at the local, state, and federal levels.  Elizabeth Malm is an economist with the Washington-based Tax Foundation.  She says Americans this year will work five days later than in 2012 to pay all their taxes.

Read more
Economy
9:35 am
Fri April 5, 2013

Job Growth Slows Sharply, But Unemployment Rate Dips

Credit Mario Tama / Getty Images
Li-Wen Hung (left) and Whitney Chen were waiting to meet potential employers at a Manhattan job fair earlier this year.

Originally published on Fri April 5, 2013 12:44 pm

  • From 'Morning Edition': NPR's Yuki Noguchi talks with David Greene about the latest employment report

There were just 88,000 jobs added to private and public payrolls in March, the Bureau of Labor Statistics estimates.

But the nation's jobless rate still edged down to 7.6 percent from 7.7 percent. That dip wasn't for a good reason, though: Nearly half a million fewer people were participating in the labor force. That smaller pool meant the jobless rate could tick down even as job growth was weak.

Read more
Economy
5:30 pm
Thu March 28, 2013

1,569: S&P 500 Closes At All Time High, Rising Above Oct. 2007 Mark

Credit Richard Drew / AP
A trader on floor of the New York Stock Exchange on March 25, 2013. U

Originally published on Thu March 28, 2013 3:31 pm

The Standard & Poor's 500 stock index broke new ground today, closing at 1,569, an all-time high that erased the record set on Oct. 9, 2007.

The S&P joins the Dow Jones Industrial Average, which broke its 2007 record earlier this month.

Both indices have now recovered all the losses they suffered during the Great Recession.

Read more

Pages