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Shrinking GDP, Citibank Plan Analyzed
The government said Friday the economy shrank at an annual rate of 6.2 percent. Meanwhile, the Treasury Department announced it is converting some preferred shares it owns in Citigroup to common stock, a move that helps stabilize the bank, but increases risks for taxpayers.
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4:22
After a rare flash flood emergency, Florida prepares for more heavy rainfall
The downpours and flooding blocked roads, floated vehicles and delayed the Florida Panthers on their way to Stanley Cup games in Canada against the Edmonton Oilers.
Only 18,000 Jobs Added In June, Jobless Rate Edged Up To 9.2 Percent
Economists had expected better news. Private payrolls grew by just 57,000. Cuts at government agencies pulled the overall figure down even more. Previous months' job growth figures were revised down.
The U.S. just experienced its slowest annual sales of homes since 1995
The market sputtered amid high mortgage rates, high prices, and homeowners with lower rates who have no plans to move.
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2:39
Home sales just posted their biggest monthly fall since 2022
More inventory hitting the market was expected to drive sales. Instead, existing home sales suggest a continued slump in the housing market, with mortgage rates hurting affordability.
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2:18
Latest Unemployment Numbers Show Millions More Out Of Work
Unemployment claims show another dramatic rise. Some 10 million Americans had already filed for unemploymen in the two weeks prior to this one.
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3:21
In Search Of The Red Cross' $500 Million In Haiti Relief
An investigation by NPR and ProPublica finds a string of poorly managed projects, questionable spending and dubious claims of success, according to a review of the charity's internal documents.
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19:25
Morgan Wallen is the elephant in the room
In 2021, Wallen was caught on video uttering a racial slur. Since then, he's become the most commercially successful musician in country and popular music. How? By remaining committed to ambivalence.
New charges against Trump are similar to House panel's findings, Rep. Schiff says
NPR's Leila Fadel talks to Democratic Rep. Adam Schiff of California, member of the House Jan. 6 committee, about felony charges facing Donald Trump related to efforts to overturn the 2020 election.
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7:20
The sunset of Sonic Youth: An oral history of the band's final U.S. show
For the first time, the band members, their crew and their fans tell the story of a landmark moment they didn't realize was happening. Sonic Youth's new album, Live in Brooklyn 2011, is out this week.
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