Economy

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NPR

Consumer Prices, Consumer Spending Both Flat In April

Dropping gas prices helped hold inflation down. Meanwhile, April consumer spending may have been slowed because warm weather in March encouraged folks to get out their wallets then.
NPR

Fact Checking Data On The Boomerang Generation

The fact-checking organization PolitiFact looked into a claim made in a political ad. It said 85 percent of recent college graduates moved back in with their parents. That number is wrong. Kim Parker, the lead researcher for a Pew Research Center survey on the boomerang generation, talks to Steve Inskeep about what the real number is.
NPR

Calif. Voters Forced To Choose How To Ease Defict

Calif. Gov. Jerry Brown says the state's budget deficit is now $16 billion. That's almost double the figure he gave in January. Brown is attempting to force voters to choose between higher taxes and deeper spending cuts.
NPR

From Iowa To Russia, Tractors Build Economic Bridge

Russia has one of the world's 10 biggest economies, but it isn't even among the top 30 U.S. trading partners. A new John Deere plant there shows the complications of that relationship. To avoid tariffs, tractors and combines are built in Iowa, then taken apart and shipped to Russia, where they're reassembled.
NPR

Caring For Grandparent Matures A Young Man

Nicholas McDonald grew up tempted by drugs and under pressure to hit the streets. Lacking male role models, he says he always saw his mom as "the apple of my eye." She tried to protect him growing up. Now, the 24-year-old is doing his best to return the favor, helping provide for his multigenerational family.
NPR

Paying for College: More Tough Decisions

From your late 40s through early 60s, you're supposed to squirrel away cash to cope with health care costs in your old age. But for millions of Americans, middle age also is the time when children are seeking help with higher-education bills, and elderly parents may be needing assistance with daily care.
WAMU 88.5

Maryland State Senate Talks Taxes In Special Session

A plan to raise income taxes for the wealthy to close a budget gap was the subject of the special session held by the Maryland State Senate in Annapolis.

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