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Business and Economic News

Federal money is now headed to states for building up fast EV chargers on highways

Federal money is now headed to states for building up fast EV chargers on highways

All 50 states, D.C. and Puerto Rico have received the go-ahead to start spending federal dollars on new chargers. The long-term plan is to spend $5 billion improving charging infrastructure.
by Camila Domonoske and Brittany Cronin

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Why tackling climate change means a stronger economy — according to Janet Yellen

Why tackling climate change means a stronger economy — according to Janet Yellen

Yellen says the Biden administration is emphasizing action on climate change to make a more resilient American economy. What does that look like for the future of infrastructure and spending?
by Ailsa Chang, Mallory Yu and Patrick Jarenwattananon

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Women are returning to (paid) work after the pandemic forced many to leave their jobs

Women are returning to (paid) work after the pandemic forced many to leave their jobs

The number of women in the workforce has finally returned to pre-pandemic levels, which is good for the economy. But after time away from the job market some women are reassessing their priorities.
by Scott Horsley

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Hennepin County buys hotels to convert into low income housing and other business news

Hennepin County plans to convert the former luMinn Hotel in downtown Minneapolis into housing for people who make below 30 percent of the area median income. That’s one of several hotels the county has bought to create more accommodations for low-income residents.  Kelly Busch is a reporter with the Minneapolis St Paul Business Journal. She talks with guest host Tim Nelson about those deals and more business stories catching her eye.
by Ellen Finn and Tim Nelson

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Is a strong dollar a good thing? Not for everybody

Is a strong dollar a good thing? Not for everybody

The U.S. dollar is the strongest it has been in 20 years. As it strengthens, other currencies — like the pound — weaken. That's good news for U.S. consumers and importers but bad news for others.
by David Gura

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Journalists are being trained to gather evidence of war crimes — starting in Ukraine

Journalists are being trained to gather evidence of war crimes — starting in Ukraine

For years, the coverage of war crimes by journalists wasn't used in criminal trials. The Reckoning Project is an educational program that aims to change that, starting with Ukraine.
by Juana Summers, Kai McNamee and Patrick Jarenwattananon

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The British pound hit a record low over fears about income tax cuts and debt

The British pound hit a record low over fears about income tax cuts and debt

The British pound sank to $1.03, before stabilizing slightly, as traders and investors react negatively to new government plans to cut taxes for highest earners and businesses and boosting borrowing.
by Willem Marx

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Stocks and bonds both get clobbered this time. Here's what's behind the double whammy

Stocks and bonds both get clobbered this time. Here's what's behind the double whammy

Stocks are down more than 20% this year. Usually when that happens bonds hold their value. But right now both are down sharply, hurting retirees and people saving for college in 529 plans.
by Chris Arnold

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