Economy

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WAMU 88.5

County Leaders Protest Virginia's Budget Impasse

Local leaders from across the Commonwealth of Virginia converged on Richmond Tuesday to call for state legislators to agree on a budget and free local governments from budget gridlock.

NPR

What's Behind These High Gas Prices?

Americans use 300 million gallons of gasoline every day, so it's no surprise they keep a close eye on prices at the pump. Taxes, refinery regulations, transportation expenses and global crude oil supply and demand all influence rising costs.
NPR

How Many U.S. Jobs Does Apple Really Create?

Amid growing concerns about its outsourcing practices, Apple posted a study showing it has helped create more than 514,000 jobs in the U.S. But many of those jobs are based in industries that indirectly benefited from Apple's business, and now some economists are calling foul.
NPR

Did The Fed Help Banks While Ignoring The Risks?

The Federal Reserve shrugged off warnings and let banks pay shareholders billions of dollars in dividends last year, despite warnings from the Federal Deposit Insurance Corp. ProPublica investigative reporter Jesse Eisinger says banks should have been forced to set aside the money as a rainy-day cushion.
NPR

As Elkhart's Electric Dreams Fizzle, RVs Come Back

The Indiana city known as the RV capital of the world took a hit when the economy — and with it, the demand for recreational vehicles — took a nosedive. Soon, the manufacturing-dependent area had the nation's highest jobless rate. Local officials pinned recovery hopes, and a lot of government money, on electric vehicles — a bet that didn't pay off. But now the RV business is picking up again.
WAMU 88.5

Alexandria Council Resists Calls For Increased Pay, Funding

Members of the Alexandria City Council are resisting calls from employees for cost-of-living increases as well as funding requests to help area children, citing the tax increases that would be required.

WAMU 88.5

D.C. Cashes In On Traffic Fines From 2011

The District collected nearly $93 million in traffic fines last year.

NPR

Are Tax Breaks The Right Move For Manufacturing?

The White House says restoring the U.S. manufacturing sector is an essential part of getting the economy back on track. GOP candidate Rick Santorum also wants to see tax breaks for manufacturing companies. But economists say tax breaks may not be the best way to help manufacturers.

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