The Economy: U.S and World Economic News NPR news on the U.S. and world economy, the World Bank, and Federal Reserve. Commentary on economic trends. Subscribe to NPR Economy podcasts and RSS feeds.
Economy
The commissioner of the Internal Revenue Service says everything has gone smoothly as, for the first time, taxpayers have to report their compliance with the Affordable Care Act. J. David Ake/AP hide caption
Chinese Finance Minister Lou Jiwei (left) speaks during the signing ceremony of the Asian Infrastructure Investment Bank last year in Beijing. Getty Images hide caption
At Resource Management's materials recovery facility, workers pull plastic bags, other trash and large pieces of cardboard off the conveyor belts before the mixed single-stream recyclables enter the sorting machines. Véronique LaCapra/St. Louis Public Radio hide caption
Homeowners sit in a conference room in Detroit's Cobo Center while waiting for their cases to be heard to avoid foreclosure from tax debts in Detroit on Jan. 29. This year, Wayne County officials sent out 62,000 foreclosure notices to city homeowners behind on property taxes. Paul Sancya/AP hide caption
Cushing, Okla., is a major oil storage site. Amid record oil production, some analysts worry the U.S. will run out of places to put it all. Daniel Acker/Bloomberg via Getty Images hide caption
A couple enjoys the view of Singapore's financial center. Conservatives saw Singapore as a free-market success story, but Lee Kuan Yew's government played a big role in the economy. Wong Maye-E/AP hide caption
A riot late last month forced officials to close the Willacy County Correcitonal Center in Wallcy County, Texas. John Burnett/NPR hide caption
Closure Of Private Prison Forces Texas County To Plug Financial Gap
U.S. Steel's Granite City Works in 2011. David Schaper/NPR hide caption
President Obama speaks at the SelectUSA Investment Summit, hosted by the Commerce Department on Monday, at National Harbor, Md. Cliff Owen/AP hide caption