Inflation in the United States has been getting worse. In December, prices were up 7 percent from the previous year — the fastest rise in 40 years.
Americans feel terrible about the economy, imperiling the Democratic Party’s chances of holding on to power in Washington in this year’s midterm elections.
While disruption caused by the pandemic is a key caus ... Show More
Sep 15
The Bond Market Is Flipping Out. Here’s Why You Should Care.
For the past few months, you’ve probably been hearing about the turbulence in the bond market.Today, Ben Casselman, the chief economics correspondent for The New York Times, explains what has been happening, and why it matters.Guest: Ben Casselman, the chief economics corresponde ... Show More
28m 28s
Sep 14
The A.I. Researcher Whose Rebellion Is Changing Everything
In recent days, Jacob Coxon, a researcher at the artificial intelligence company Anthropic, quit his job and posted warnings about the risks of the technology. That kicked off a crisis that culminated in a call by prominent leaders of the industry to slow down A.I. development.He ... Show More
34m 13s
Jul 2022
Presidents Can't Fix Inflation. It Doesn't Stop Americans From Blaming Them For It.
Inflation hit a new, 40-year high in June, with consumer prices up 9.1% from a year ago. Gas prices were a big part of this, but the cost of essentials like food and shelter are also rising rapidly.It is a real problem for Americans trying to make ends meet — and one that lawmake ... Show More
14m 9s
Jan 2022
Record Number Spells Trouble For Biden
Inflation spikes to its highest level in nearly 40 years, as everything from gas to your couch to your sweatpants is getting more expensive. Plus, big pressure on two Senate Democratic moderates to change their minds about the filibuster and voting rights. And, Mitch McConnell sp ... Show More
39m 5s
Jun 2022
Biden Tries to Reassure Nation About Inflation
With inflation rising, stocks falling, and recession fears growing, President Joe Biden tried to look on the bright side today while recognizing Americans’ price pains. CNN Political Director explains how Biden can blame Russia’s war in Ukraine all he wants – but the squeeze fami ... Show More
9m 21s
Apr 2022
The Economy Is Weird Right Now
Unemployment in the United States is near record lows, wages are growing quickly, and spending in the service sector is increasing as the pandemic lulls.But there's also some worrying news: more job openings than people who want to fill them, global economic uncertainty stemming ... Show More
14m 25s
<p>Inflation has hit a 40-year high in the U.S., driving up the cost of everything from groceries to housing. As the Fed prepares to raise interest rates, here’s what to watch out for.</p><p><br></p><p>Read more:</p><p><br></p><p>In December, inflation hit a staggering 7 percent. ... Show More