China's stock market had another rough day as other markets across the world seemed to recover. But the Dow took a late day plunge after another major sell-off.
NPR'S Audie Cornish talks to Megan Greene, managing director and chief economist at Manulife, about how the interest rate hike will affect mortgages, auto and student loans, and consumer behavior.
Stock prices may be having a meltdown, but consumers and homebuyers are still pushing the economy forward. In fact, a new round of data suggests the economy is gaining strength even as markets fall.
NPR's Ari Shapiro talks to Gillian Tett, U.S. managing editor for the Financial Times, about the difference between a stock market "correction" or "crisis."
After the Charleston, S.C, church shootings, Kentucky banned the sale of Confederate flag merchandise at its state fair next year. Vendors are under pressure not to sell it at this year's fair.
Cattle rustling is a growing problem in Oklahoma, Texas and other beef-producing states. High beef prices and drug addiction are fueling the resurgence.
Steve Inskeep talks to former Treasury Secretary Lawrence Summers about his recent op-ed in The Washington Post calling on the Federal Reserve not to raise interest rates.
There are some indications of price drops, slowing sales and slowing factory production. The bigger question analysts are asking is about over-capacity. Is China just making too much stuff?
Stock prices in Asia are battered and prices are down in Europe too. In the U.S., investors wait to see if the turmoil is abating. Stocks began dropping over concerns about China's economic slowdown.
Selling after a market plunge, we are told, just locks in the loss and prevents investors from participating in the rebound. But human psychology can make that advice excruciating to follow.
Stock prices plunged Monday, prompting Wall Street analysts to talk about a "correction" in stock prices. But many savers worry that this might be the start of a long "bear" market.
It was an erratic day on Wall Street Monday. But outside the New York Stock Exchange in Lower Manhattan, traders and tourists alike were taking the ups and downs in stride.
NPR's Ari Shapiro talks with Chicago-based commodities trader Jack Scoville about this wild day for the markets. He says he hasn't seen anything quite like it in the near 30 years he's been trading.
NPR's Ari Shapiro talks to three NPR correspondents about the state of the global economy, including Frank Langfitt in Shanghai, Corey Flintoff in Moscow, and Lourdes Garcia-Navarro in Rio de Janeiro.
NPR's Audie Cornish speaks with David Kotok, chairman and chief investment officer of Cumberland Advisors, about what the sell-off means for retirement investments.
Laura Martinez defied many skeptics when she opened up her Chicago restaurant, La Diosa, this year. It helps that she used to work for the late Charlie Trotter, one of the city's most acclaimed chefs.
With stocks plummeting around the world, the Federal Reserve has a monumental decision to make about interest rates at its September meeting. Some Fed watchers say it won't dare raise rates for fear of adding to jitters about a global slowdown. But others say abandoning plans to raise rates this year would send an even worse signal.
Unlike 2008, the current turmoil didn't originate in the U.S., economist Austan Goolsbee notes. And this time, the economy is growing, banks aren't in danger and there's no credit crunch, he says.
China's Shanghai Composite Index fell 8.5 percent Monday prompting a global sell-off. When trading opened in the U.S., the Dow and S&P 500 plummeted, then recovered, then fell again.
When you answer your phone and there's no one on the other end, it could in fact be a computer that's gathering information about you and your bank account. Here's how.