Rafael Nam

2 months ago | m.kuow.org | Rafael Nam |Scott Horsley

Stocks gained for a second consecutive session on Wednesday after President Trump said he wouldn't fire Federal Reserve Chair Jerome Powell and on hopes he could ease some of the tariffs imposed on China. The Dow Jones Industrial Average rose about 500 points, or just over 1.3%, as of midday trading after initially gaining over 1,000 points earlier in the session. Meanwhile the S&P 500 was up nearly 2%, while the Nasdaq was up nearly 3%.

2 months ago | opb.org | Rafael Nam

A trader works on the floor of the New York Stock Exchange (NYSE) at the opening bell on Tuesday. Stocks surged on Wednesday with the Dow Jones soaring nearly 3,000 points. Timothy A. Clary/AFP via Getty ImagesU.S. stocks roared back on Wednesday after days of steep losses after President Trump said he was pausing most tariffs for 90 days, except for those on Chinese goods. The Dow Jones Industrial Average soared nearly 3,000 points, or close to 8% as relief spread across investors.

Mar 26, 2025 | opb.org | Rafael Nam

Susan Burke is trying to sell her extra Beyoncé tickets on StubHub, but they are not showing up for most users. In this photo, Burke is posing with her cat, Peaches. Susan Burke was elated when Beyoncé announced she would play a concert near Washington, D.C., in July. She bought three tickets on StubHub for herself and her friends. Soon enough, she saw better seats in the front row of the section. It was an easy call, she thought: She’ll just buy the new ones and sell her old ones.

Feb 14, 2025 | npr.org | Laurel Wamsley |Rafael Nam

A view of the CFPB headquarters building in Washington, D.C., on Feb. 10, 2025. A judge blocked the agency from laying off more employees after it had terminated more than 100 workers this week.

Jan 16, 2025 | mprnews.org | Rafael Nam

Inflation has been an economic scourge for many Americans under President Biden — and it could remain a continued problem under Donald Trump. Consumer prices rose 2.9 percent in December compared to a year ago, according to government data out on Wednesday. That's substantially lower than the four-decade high of 9.1 percent that the U.S. hit in mid-2022. But here's the worrying bit: It marks the third consecutive month in which annual inflation has slowly ticked higher — not lower.