PBS NewsHour – Economy

PBS NewsHour – Economy

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Macroeconomic and business coverage with market implications.

Dave Eggers on 'Contrapposto' And Supporting the Next Generation of Writers
NewsJun 8, 2026

Dave Eggers on 'Contrapposto' And Supporting the Next Generation of Writers

Bestselling author Dave Eggers has released his long‑awaited novel *Contrapposto*, a story of two art‑obsessed friends spanning decades. Simultaneously, he is spearheading Art + Water, a 100,000‑square‑foot arts‑education hub on San Francisco’s Pier 29 aimed at removing economic barriers for creators. Eggers also highlighted...

By PBS NewsHour – Economy
Why Hiring Surged in May Despite Economic Strain From the Iran War
NewsJun 5, 2026

Why Hiring Surged in May Despite Economic Strain From the Iran War

The U.S. Labor Department reported a surprise surge in May, adding 172,000 jobs—the third consecutive month of solid gains and well above the 110,000 economists had forecast. Revisions lifted March and April totals by 93,000, while local‑government hiring alone contributed...

By PBS NewsHour – Economy
What May Happen as Oil Supplies Dwindle and Strait of Hormuz Remains Mostly Closed
NewsJun 5, 2026

What May Happen as Oil Supplies Dwindle and Strait of Hormuz Remains Mostly Closed

U.S. and Chinese oil inventories have so far softened the market impact of the Strait of Hormuz closure, preventing a sharper price surge. Daniel Yergin warns that as those stockpiles dwindle, prices could rise again by July, especially in Asia...

By PBS NewsHour – Economy
Treasury Warns Banks of 'Red Flags' Tied to Customers in the U.S. Illegally
NewsJun 5, 2026

Treasury Warns Banks of 'Red Flags' Tied to Customers in the U.S. Illegally

U.S. Treasury’s Financial Crimes Enforcement Network issued an advisory urging banks to watch for red flags linked to customers residing in the country illegally. The guidance follows a May executive order that directs regulators to scrutinize citizenship information but stops...

By PBS NewsHour – Economy
Israel and Lebanon Agree to Renew Fragile Ceasefire, Create Lebanese Security Zones
NewsJun 4, 2026

Israel and Lebanon Agree to Renew Fragile Ceasefire, Create Lebanese Security Zones

Israel and Lebanon have agreed to extend a fragile cease‑fire, contingent on Hezbollah ceasing fire and withdrawing operatives south of the Litani River. The deal, announced after a fourth round of U.S.‑mediated talks at the State Department, also creates several...

By PBS NewsHour – Economy
Iranian Strikes Set Kuwait's Largest Airport Ablaze Amid Fragile Ceasefire with the U.S.
NewsJun 3, 2026

Iranian Strikes Set Kuwait's Largest Airport Ablaze Amid Fragile Ceasefire with the U.S.

Iranian drones struck Kuwait International Airport, killing one person and injuring dozens, while missiles were launched at Bahrain and the U.S. Fifth Fleet headquarters in the Gulf. All missiles were either intercepted or failed, but the attacks marked the first...

By PBS NewsHour – Economy
Radio Scans Find No Evidence of Alien Tech From Interstellar Comet 3I/Atlas
NewsJun 3, 2026

Radio Scans Find No Evidence of Alien Tech From Interstellar Comet 3I/Atlas

The SETI Institute completed a seven‑hour radio survey of interstellar comet 3I/Atlas and found no evidence of alien technology. Out of roughly 74 million narrow‑band signals detected, only about 200 survived initial filtering, and all were traced to Earth‑based sources or...

By PBS NewsHour – Economy
Poland and Lithuania Explore Playing Bigger Role in NATO's Nuclear Deterrence
NewsJun 3, 2026

Poland and Lithuania Explore Playing Bigger Role in NATO's Nuclear Deterrence

Poland and Lithuania have confirmed they are in early‑stage talks about expanding their role in NATO’s nuclear deterrence, which currently relies on U.S. weapons deployed in six European countries. While both governments stress that no decision has been made to...

By PBS NewsHour – Economy
News Wrap: Ukraine Strikes Oil Depot Deep Inside Russia
NewsJun 3, 2026

News Wrap: Ukraine Strikes Oil Depot Deep Inside Russia

Ukraine announced that long‑range drones traveled more than 600 miles to strike an oil depot in St. Petersburg, Russia’s second‑largest city, producing thick smoke and damaging a nearby naval vessel. Kyiv’s President Zelenskyy said the operation provides crucial leverage in any...

By PBS NewsHour – Economy
Kenyan Court Blocks U.S. Plan to Open Ebola Quarantine Center to Treat Americans
NewsMay 29, 2026

Kenyan Court Blocks U.S. Plan to Open Ebola Quarantine Center to Treat Americans

Kenyan judges issued a temporary injunction stopping the Trump administration’s plan to open an Ebola quarantine facility in Kenya for American citizens. The court’s order follows local backlash and a legal challenge, leaving the proposed center closed until a hearing...

By PBS NewsHour – Economy
How a Blue Origin Rocket Explosion Could Impact NASA's Moon Mission
NewsMay 29, 2026

How a Blue Origin Rocket Explosion Could Impact NASA's Moon Mission

Blue Origin’s New Glenn rocket suffered a catastrophic explosion during a hot‑fire test at Cape Canaveral, destroying its only launch pad. No injuries were reported, but the loss of the pad adds a significant delay to the vehicle’s readiness. New Glenn is a...

By PBS NewsHour – Economy
An Up-Close Look at the Strait of Hormuz From Both Land and Water
NewsMay 28, 2026

An Up-Close Look at the Strait of Hormuz From Both Land and Water

PBS NewsHour correspondent Reza Sayah filmed the Strait of Hormuz amid a three‑month standoff between Iran and the United States, where each side has imposed a naval blockade. The United Nations estimates roughly 1,500 commercial vessels and over 20,000 seafarers...

By PBS NewsHour – Economy
Alabama Asks Supreme Court to Allow Use of Congressional Map Helping GOP, Despite Racial Bias Ruling
NewsMay 27, 2026

Alabama Asks Supreme Court to Allow Use of Congressional Map Helping GOP, Despite Racial Bias Ruling

Alabama has filed an emergency appeal with the U.S. Supreme Court to use a congressional map drawn by Republican lawmakers that would favor the GOP, despite a three‑judge panel ruling the 2023 map intentionally discriminates against Black voters. The lower...

By PBS NewsHour – Economy
U.S. Says It Carried Out 'Self-Defense' Strikes in Iran, Including Missile Sites and Boats Placing Mines
NewsMay 26, 2026

U.S. Says It Carried Out 'Self-Defense' Strikes in Iran, Including Missile Sites and Boats Placing Mines

The U.S. military said it carried out self‑defense strikes in southern Iran, targeting missile launch sites and mine‑laying boats, to protect troops amid a fragile cease‑fire. Capt. Tim Hawkins emphasized restraint, but details of the Iranian threats were not disclosed....

By PBS NewsHour – Economy
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