Economy

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.

EU Parliament Pushes Larger 2028–34 Budget and New Taxes

The European Parliament has voted in favor of a 10% increase to the EU's next long-term budget and the introduction of new revenue streams. Supporters of the proposal want more funding for agriculture and for poorer regions, calling for nearly €100 billion more than already proposed by the European Commission.

Germany budget strains amid Iran war and spending pressures

Skip next section Sugar, booze, tobacco: what new health-based levies is the government planning? April 29, 2026 Sugar, booze, tobacco: what new health-based levies is the government planning? One new budget proposal that seemingly won't be finalized in time for 2027, but is planned for introduction by 2028, is a tax on sugary drinks.

Powell's Last Fed Meeting Before Leadership Change

The Senate Banking Committee votes Wednesday on Kevin Warsh's nomination to serve as the next chairman of the Federal Reserve. Andrew Harnik/Getty Images North America hide caption toggle caption Andrew Harnik/Getty Images North America Change is coming to the Federal Reserve — even as interest rates are expected to hold steady.

Inflation Undermines Teacher Pay Gains

The average salary for a public school teacher in the U.S. rose to $74,495 in the last school year, up 3.5% from the year before. But adjusted for inflation, today's teachers are estimated to be earning less, not more, than they were in 2017.