China will 'gradually raise' its retirement age China's workforce is the world’s second biggest economy, but it's aging and shrinking quickly. This is an attempt to blunt the impact.
So many music festivals have been canceled this year. What's going on? Music festivals are canceling their events like maybe never before. Call it the music festival recession. Greg Rosalsky
'Planet Money': What it means that the Fed is about to lower interest rates The Federal Reserve is expected to cut interest rates this week for the first time since it started raising them in response to inflation. One group in particular is watching: Homeowners. Kenny Malone
Downtown Seattle may get a boost from coming interest rate cuts As inflation worries ease and the Federal Reserve says it’s time to start lowering interest rates, Seattle leaders hope more investment will soon flow into downtown Seattle. Joshua McNichols
Fed expected to cut interest rates With inflation coming down, mortgage rates are also falling, cutting the cost of borrowing for consumers.
Shein and Temu face a big change to how they ship cheap Chinese goods New White House rules would close a tax loophole that lets Shein and Temu cheaply ship from China to American shoppers. The Biden administration says it undercuts U.S. workers, retailers and manufacturers. Alina Selyukh
China is raising its retirement age, now among the lowest in world's major economies In an effort to address its shrinking population and aging work force, over 15 years, China will raise the retirement age for men to 63, and for women to 55 or 58 years depending on their jobs. The Associated Press
Why a lawyer enrolled in trade school Darnell Epps is a Yale trained lawyer who is bent on solving a non-legal problem: a shortage in manufacturing workers. He enrolled at vocational school to get a better idea of the job market. Adrian Ma
Inflation falls to its lowest level in more than 3 years. Here’s what that means Consumer prices in August were up 2.5% from a year ago — the smallest annual increase since February 2021. Falling inflation clears the way for the Federal Reserve to start cutting interest rates next week — likely by a quarter percentage point. Scott Horsley
The labor market shows signs of cooling: What that might mean for you Unemployment was down from July, but hiring appeared to be sluggish.