spending | KERA News

spending

Higher prices will be coming to stores this fall, retailers warn, if President Trump follows through with his threat to slap new tariffs on Chinese imports.

The White House pressed the tariff threat on Friday, even as Trump announced a new agreement aimed at boosting beef exports to Europe. A day earlier, Trump threatened to set a new 10% tariff on $300 billion worth of products imported from China.

Updated 2:10 p.m. ET

The Senate approved the bipartisan $1.1 trillion spending bill that funnels money to nearly every corner of the federal government and keeps it running through the end of the current fiscal year in September. The House approved the measure on Wednesday, and it now goes to President Trump for his signature.

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A new report by the U.S. Commerce Department shows that steady growth in consumer spending has helped spur the Texas economy over the last 15 years. 

KERA's series One Crisis Away looks at four North Texas families on the financial edge. In this profile, meet the Dory family. Schnique and JC are raising two kids in White Settlement. Even though they have steady jobs and a nice house, they're constantly beating back debt and working to curb their spending.

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It's not just the pursuit of more money that can buy unhappiness. We could be funding our misery with the hard-earned cash we already have. 

Elizabeth Dunn, associate professor of psychology at the University of British Columbia in Vancouver, studied how spending habits bear on quality of life for her book "Happy Money: The Science of Smarter Spending." We revisit her conversation with Krys Boyd at noon on KERA 90.1 FM for our series "Best of Think 2013."

Talk Radio News Service / flickr

Governor Rick Perry says state spending should be constitutionally restricted.