Yuki Noguchi

Yuki Noguchi is a correspondent on the Business Desk based out of NPR's headquarters in Washington D.C. Since joining NPR in 2008, she's covered business and economic news, and has a special interest in workplace issues — everything from abusive working environments, to the idiosyncratic cubicle culture. In recent years she has covered the housing market meltdown, unemployment during the Great Recession, and covered the aftermath of the tsunami in Japan in 2011. As in her personal life, however, her coverage interests are wide-ranging, and have included things like entomophagy and the St. Louis Cardinals.

Prior to joining NPR, Yuki started her career as a reporter for The Washington Post. She reported on stories mostly about business and technology, and later became an editor.

Yuki grew up with a younger brother speaking her parents' native Japanese at home. She has a degree in history from Yale.

With unemployment low and economic growth expected to bounce back from a slow first quarter, consumers are not in bad shape. But it has been an especially terrible year so far for retailers.

Nine U.S. chains have filed for Chapter 11 bankruptcy protection. Store closures are accelerating, and almost 90,000 retail workers have lost their jobs since October.

Experts say the industry's troubles are just beginning.

AFL-CIO President Richard Trumka laid out his vision for organized labor Tuesday, taking on both political parties for catering to moneyed interests instead of focusing on the plight of American workers — the hallmark of the presidential campaign.

An accident last month in Tempe, Ariz., involving a self-driving Uber car highlighted some novel new issues regarding fault and liability that experts say will come up more often as autonomous vehicles hit the road.

And that will have an increasing impact on an insurance industry that so far has no road map for how to deal with the new technologies.

The Federal Reserve's Open Market Committee has voted 9-1 to increase its benchmark interest rate by a quarter of a percentage point and said it aims to raise interest rates twice more by the end of the year.

The only dissenting vote came from Neel Kashkari, president of the Federal Reserve's regional bank in Minneapolis, according to the Fed's statement.

Wednesday's move brings the federal funds rate to a range of 0.75 percent to 1 percent. The increase was expected by the market and is consistent with what Fed officials had been signaling.

Updated at 4:15 p.m. ET

Fast-food executive Andrew Puzder withdrew his nomination to head the Labor Department on Wednesday as his support on Capitol Hill faltered. Facing criticism from both sides of the aisle, Puzder became the first Trump Cabinet pick whose nomination failed.

Puzder put out a statement on Wednesday:

The promise of automated cars is that they could eliminate human-error accidents and potentially enable more efficient use of roadways. That sounds, at first blush, like self-driving cars could also mean traffic reduction and lower commute times.

But researchers aren't so sure.

Hesham Rakha is an engineering professor at Virginia Tech who studies traffic's flow — or lack thereof.

President Trump signed two directives on Friday, ordering a review of financial industry regulations known as Dodd-Frank and halting implementation of a rule that requires financial advisers to act in the best interests of their clients, according to a senior administration official who briefed reporters on condition of anonymity.

Trump himself made his intentions clear in a meeting with small business owners Monday. "Dodd-Frank is a disaster," Trump said. "We're going to be doing a big number on Dodd-Frank."

President Trump's nominee to be the next Labor secretary, Andrew Puzder, runs a fast-food empire. Now, as he awaits his confirmation hearings, current and former workers of CKE Restaurants — which operates chains like Carl's Jr. and Hardee's — are filing complaints alleging employment-law violations at his company.

Ceatana Cardona says she was sexually harassed by her shift manager when she worked nights as a cashier at a Hardee's in Tampa, Fla.

In a tense hearing Thursday morning, the new administration's Treasury secretary nominee, Steven Mnuchin, faced scrutiny from Democratic senators concerned about him profiting handsomely off homeowners who lost their homes during the housing crisis.

President-elect Donald Trump took to Twitter again Thursday morning, this time to urge his followers to "Buy L.L.Bean," and support one of his campaign backers.

"Thank you to Linda Bean of L.L.Bean for your great support and courage," he tweeted Thursday. "People will support you even more now. Buy L.L.Bean."

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