Economy

Kevin Warsh: Can the Fed Stay Independent?

US President Donald Trump will hold a swearing‑in ceremony on Friday for the new Federal Reserve chair, Kevin Warsh — an unusual step, since Fed chairs are not normally sworn in at the White House, and presidents usually don't attend, given that the Fed is meant to be politically independent.

The missing economically stable men in America's marriage market

Rubberball/Mike Kemp/Getty Images/Brand X It's a bit weird to think of dating or marriage as a market — but this is a newsletter that tries to make sense of the world through economics. And, like any market, shifts in supply and demand can reshape romantic outcomes in pretty profound ways.

Bolivia miners clash with police as protesters demand Paz resign

Bolivian miners clashed with the police during a march on Thursday to call for the resignation of President Rodrigo Paz, with some setting off dynamite. Blasting small charges of dynamite has become increasingly common in the second week of the nationwide unrest.

Mario Draghi: Charlemagne Prize Winner and Europe’s Stabilizer

The former head of the European Central Bank Mario Draghi was presented with the prestigious Charlemagne Prize at a ceremony in Aachen, western Germany, on May 14. "You took charge of the euro during a time of crisis, and you stabilized the euro and the eurozone," Chancellor Friedrich Merz said during his speech honoring Draghi.

Inflation Climbs to Highest Level Since 2023

Inflation jumps to its highest level since 2023. Here are 3 things costing a lot more Audio will be available later today. Gasoline prices have jumped about $1.50 a gallon since the U.S. launched its war with Iran. Rising fuel prices are a big driver of overall inflation.

Inside the Clip Economy: How Short Videos Took Over

When he wasn't eking out a living with part-time work, 25-year-old Emrah Bayraktar would take out his phone and edit long interviews of influencers into snippets and post them. "And then one random night, I saw a notification saying that I earned $12," said Bayraktar.

Savvy Shoppers Redefining Grocery Savings

Rich Henderson and his wife, Rachel Negro-Henderson, grocery shop for their family at the Aldi in Bellmawr, New Jersey. Rachel Wisniewski for NPR hide caption toggle caption Rachel Wisniewski for NPR NPR's series What's Eating America examines the forces shaping our food system and how they're scrambling the way we eat. BELLMAWR, N.J.

Festus Mogae, Former Botswana President, Dies at 86

The political career of Botswana's ex-President Festus Gontebanye Mogae can be summarized under one heading: "good governance." During his time in office from 1998 to 2008, the southern African country experienced steady economic growth and developed into one of the most prosperous on the continent.

Hungary Aims for Euro Adoption by 2030

Hungary's premier-in-waiting, Peter Magyar, is keen to secure a return to the European Union mainstream and is moving quickly to mend fences. Part of that mission is a plan to have the country ready to join the euro by the end of the decade.

Key Disputes Over the EU's Next Long-Term Budget

The adoption of the Multiannual Financial Framework (MFF), the European Union's long-term spending plan, is one of the most sensitive political issues in the bloc. The negotiations are currently entering a critical phase.

Germany's Economy Expands Despite Iran Conflict

Skip next section Germany agrees to split heating costs in reform April 30, 2026 Germany agrees to split heating costs in reform Germany's coalition government has agreed to split key heating costs between landlords and tenants as part of a revised heating law.