Economy | WAMU 88.5 - American University Radio


RSS Feed

Congressional Republicans Take Another Swing At Obamacare

The House passed a bill Thursday that would make a change in the Affordable Care Act. It would raise the law's definition of full-time work from 30 hours to 40 hours a week.

FAA Clarifies Fuel Tax Rule, Municipalities To Lose Needed Funds

The FAA ruled that all jet fuel tax revenue collected by states or local units of government must be spent on airports or aviation related programs, and not on roads, schools or other uses.

Euro Falls To 9-Year Low Against U.S. Dollar

Europe may have a deflation problem. Eurozone consumer prices fell on an annual basis in December for the first time since the depths of the financial crisis five years ago. The decline was driven by a sharp drop in energy prices. The news is expected to increase pressure on the European Central Bank to come up with a more aggressive response to slow growth and high unemployment.

Growth In Manufacturing Tempered By Low-Wage Jobs

President Obama is touting growth in manufacturing jobs, but if they're low-wage jobs is that a good thing?

Unemployment, Deflation Felt Acutely In Spain

Spain's jobless rate still tops 23 percent and salaries are stagnant or declining. The Spanish economy is technically out of recession but many Spaniards still aren't celebrating.

Should Minnesota Bid Adieu To The Midwest, Hello North?

A panel in Minnesota wants to establish a new region called the North. Supporters say it will help the area differentiate itself from other parts of the Midwest.

Greek Opposition Party Seizes On Anger Over Austerity Measures

We've been hearing a lot about economic anxiety in Europe lately. Much of that anxiety centers on Greece. Steve Inskeep talks to economist Platon Tinios about what's happening in Greece.

How A Too-Strong Dollar Might Lead To A Too-Weak World

There are upsides to having global investors stash their savings in the United States. But their embrace of the dollar can start to feel like a death grip if it goes too far and chokes off exports.

Euro's Drop Raises Questions About Its Long-Term Prospects

The Euro fell to a nine-year low against the dollar on Monday as investors worried about Europe's economic doldrums. Linda Wertheimer talks to Callum Williams of The Economist.

Trend Of Falling Gas Prices Expected To Continue

On New Year's Day, the national average for a gallon of regular gasoline was $2.23. That's the average though, and many stations are selling gas at under $2 a gallon.