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Summer EBT will help families buy groceries. But 14 states are opting out.

by Savannah Maher
Apr 12, 2024
Administrative costs and a lack of political will are leading some states to turn down a new food aid program for children.
While $40 per child per month may not solve child food insecurity, it could help families that struggle with grocery costs.
Robyn Beck/AFP via Getty Images
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Workers used to earn about two-thirds of the income their labor generates. Now, it's just over half.

by Nancy Marshall-Genzer
Apr 12, 2024
The stat, called labor share of national income, is being squeezed by globalization, declining union membership and automation.
Even though workers' slice of the pie is shrinking, the U.S. economy is growing, so they're getting a smaller slice of a bigger pie.
Chip Somodevilla/Getty Images
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The higher price of oil is helping tank the price of natural gas

by Elizabeth Trovall
Apr 11, 2024
Stay with us here — think about chicken parts. Higher demand for white breast meat means an excess of chicken legs.
Crude oil is easier to get out of the isolated Permian Basin than natural gas, which needs pipelines to reach customers, says Ed Hirs with the University of Houston.
Brandon Bell/Getty Images
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If the Federal Reserve waits to cut interest rates, will the European Central Bank follow suit?

by Kristin Schwab
Apr 11, 2024
Inflation’s up again in the U.S. while the EU is edging closer to its target. That brings the ECB to a bit of a fork in the road.
If the U.S. and EU economies are diverging, the central banks may pursue different policies, said finance professor Bill English.
Kirill Kudryavtsev/AFP via Getty Images
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What do bank earnings tell us about the economy?

by Mitchell Hartman
Apr 11, 2024
Over the next week, six major banks will be reporting their earnings. Higher interest rates could affect both sides of their balance sheets.
Joe Raedle/Getty Images
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"Copay accumulators" put patients in middle of battle between insurers and drugmakers

by Lillian Karabaic
Apr 11, 2024
The tactic helps insurance companies counter high drug prices, but patient advocates are working to ban them. 
“This is an arms race between drug manufacturers and plans, and they keep trying to one up each other,” said Stacie Dusetzina, a professor at Vanderbilt University School of Medicine.
Oleg Elkov via Getty Images
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Colleges are hiring general managers to help athletes navigate NIL deals

by Kai Ryssdal and Sofia Terenzio
Apr 11, 2024
Colleges want the best athletes to play at their school. So what's one way to attract them? Help them get the best name, image and likeness deals.
Schools want their athletes to benefit from their popularity "because it helps both the player, and it also helps the schools make sure they can get the best players," says Austin Meek or The Athletic. Above, Caitlin Clark in the NCAA championship game.
Thien-An Truong/ISI Photos/Getty Images
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Will egg prices go up amid more bird flu outbreaks? 

by Janet Nguyen
Apr 11, 2024
Retail egg prices rose between 7.2% and 9.2% from the 2022 outbreak, according to a University of Arkansas paper.
Egg prices more than doubled at the beginning of 2023, after the bird flu infected tens of millions of hens, compared to the same period the previous year.
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Potential changes in restaurant pay stir mixed reactions

by Sabri Ben-Achour
Apr 11, 2024
In a dozen states, restaurants and worker advocates are fighting over how — and how much — tipped workers should be paid.
In states where restaurants are required to pay the full minimum wage, people generally tip less, but not by much, according to payment service provider Toast.
Olivier Douliery/AFP via Getty Images
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America's CEOs are feeling good, KPMG survey finds

by David Brancaccio and Meredith Garretson
Apr 11, 2024
And 72% of CEOs surveyed anticipate modest or significantly increased hiring in the next year.
72% of CEOs surveyed anticipate modest or significantly increased hiring in the next year, according to a new KPMG survey.
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