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Manufacturing boomed in July. Thank all that AI money
In July, the manufacturing sector grew at its fastest month-to-month rate in four years. A new tax law likely boosted company spending to some degree…
4 weeks, 1 day ago
High oil prices, big oil profits
Permian Basin oil companies are reporting strong quarterly earnings, as the Iran war keeps prices up and supply restricted. West Texas, formerly in a…
4 weeks, 2 days ago
The future of self-driving cars
Amazon’s autonomous vehicle company, Zoox, can now roll out 2,500 of its vehicles annually in the next two years. Are more robotic cars coming, or wi…
1 month ago
Why price-squeezed consumers still shell out for organic
Since 2020, the cost of groceries has risen 26%. But contrary to what you might think, cash-strapped consumers aren’t necessarily staying away from p…
1 month ago
The states making extra off of high gas prices
The Trump administration’s war in the Middle East has driven up fuel prices globally. As drivers pay more at the pump, some oil-rich states like New …
1 month ago
No, Trump's tariffs haven't reshored manufacturing jobs
President Trump insists his economic policies have supported a reshoring of manufacturing jobs. At a rally held at a Michigan GM facility on Monday, …
1 month ago
TPS cuts will tear through the labor market
More than 330,000 Haitians lost their ability to legally live and work in the U.S. this week. A recent Supreme Court ruling allowed the Trump adminis…
1 month ago
A year later, is Trump’s investment in Intel… a win-win?
Intel’s sales jumped by 25% last quarter, the largest increase in over a decade — making the U.S. government’s stake in the company around $40 billio…
1 month, 1 week ago
Unemployment filings hit a 55-year low
Sounds rosy, right? Not if you’re long-term unemployed, underemployed, or a new grad. In this episode, the labor market’s low-hire, low-fire status q…
1 month, 1 week ago
What's driving up the 30-year Treasury yield?
The yield on a 30-year Treasury bond has been hovering above 5% for a couple weeks — the longest stretch since the Great Recession. One reason is Tre…
1 month, 1 week ago