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Let's do the (trimmed) numbers

The Federal Reserve has long relied on the PCE as its preferred measure of inflation. But there's another inflation yardstick known as the trimmed me…

1 month, 4 weeks ago

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More tariff whiplash

A day after lowering tariffs on some agricultural and manufacturing machinery, the Trump administration is proposing new tariffs on 60 countries, inc…

1 month, 4 weeks ago

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AI bots are collecting debts — or at least trying to

If you have a debt, you may get a call, a letter or a text prodding you to pay it back. Now, that call could come from an AI agent.


The AI debt collec…

1 month, 4 weeks ago

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What happens when we lose healthcare coverage

Massive Medicaid cuts, including new work requirements, are rolling out across the country. Trouble filing paperwork will be one reason qualifying Am…

1 month, 4 weeks ago

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Inside a massive 24-hour braiding salon

At Nadine’s Hair Braiding, located in suburban Maryland, customers can walk in at 2 p.m. or 2 a.m. and find a stylist. The 10,000-square-foot salon o…

1 month, 4 weeks ago

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What it's like on the ground in Cuba right now

It’s been about four months since President Donald Trump threatened sanctions against countries supplying much-needed oil to Cuba. The country's econ…

1 month, 4 weeks ago

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Wall Street sets its sights on an AI futures market

There is growing demand for time with GPUs, the chips that power artificial intelligence. AI companies need those chips in order to keep their models…

1 month, 4 weeks ago

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How do athletes get paid?

Today, we’re resharing an episode from our archive that feels especially relevant as the World Cup men’s soccer tournament kicks off next week! “Mill…

1 month, 4 weeks ago

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What's sector growth without job growth?

Manufacturing production, new orders, imports, and exports were all up in May, according to the latest PMI report. The only piece of the manufacturin…

1 month, 4 weeks ago

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The Fed's credibility is a "priceless asset"

Former Federal Reserve Chair Jerome Powell accepted the Profile in Courage award last night. Today, we'll delve into the role of the central bank, it…

2 months ago

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