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The Inflation Reduction Act aims to put caps on drug price increases and out of pocket spending. It also includes a provision allowing Medicare to negotiate price some drugs.

Retirees and others who rely on Social Security will see a large boost in benefits next year, with the average benefit rising by $141 per month, as inflation stays above 8%.

The Simmons-Wright Company has survived over 100 years by learning to adapt when confronted with every economic challenge that has come its way. Its latest battle? High inflation.

Hundreds of towns and cities are short of housing. It's the biggest reason rents and home prices are so high. A new study out today looks at how to fix the problem.

Mortgage rates are up near 7%. That's adding nearly $1,000 a month to the mortgage payment for a typical house, sending home ownership beyond reach for more and more Americans.

As the 2022 FIFA Men's World Cup opens Sunday, Scott Simon talks with New York Times reporter Ken Bensinger about the corruption allegations surrounding Qatar's selection as its host country.

Growing up in 1980s East Germany, Ingo Schluter dreamed of becoming a rock star. What follows is a love story about a man and his Japanese Ibanez guitar.

Stephen Wright's new novel is a darkly funny satire of American consumer culture, set in a Day-Glo alternate reality that's unsettlingly close to our own. It's an exhausting but unforgettable read.

The U.S. economy is in a recession. The National Bureau of Economic Research, which tracks economic cycles, says the downturn began last December. Many economists believe it'll be the most severe since the 1981-82 recession. David Wessel of The Wall Street Journal talks with Steve Inskeep about the economy.

Retailers have long complained about so-called "swipe fees" on credit cards. And now there's a showdown in Congress that pits retailers against the credit card industry. What's at stake for shoppers?