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Why inflation in this country is so sticky

Inflation in July remained stubbornly elevated, the personal consumption expenditures price index showed; it was up 3.7% overall. Consumers have face…

3 weeks, 3 days ago

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If AI really changes the economy, who pays for the disruption?

Artificial Intelligence is already shifting how many of us live and work. If the tech titans of our era have their way, we're just getting started on…

3 weeks, 4 days ago

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One historic LA theater's 70 mm movie makeover for "The Odyssey"

Old school film technology is having a moment this summer. Moviegoers have traveled far and wide to see Christopher Nolan’s “The Odyssey” in its inte…

3 weeks, 4 days ago

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If only he hadn’t spent so much on those turntables!

Ever look back and wish you could stop your past self from making a financial mistake? Yeah, us too. This week, Reema talks to researchers Abigail Su…

3 weeks, 4 days ago

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How much power does the Fed really have?

Another month, another PCE report that put annual core inflation meaningfully above the Fed’s 2% target. The central bank has been fighting high infl…

3 weeks, 4 days ago

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How much oil is really getting through the Strait of Hormuz?

The U.S. says our forces in the Middle East have been keeping oil traffic flowing through the Strait of Hormuz, but independent trackers can't accoun…

3 weeks, 4 days ago

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A pullback in the sneaker market

Dick’s Sporting Goods says 2026 isn’t shaping up the way it expected and is revising its outlook for the year downward. That includes lowering its ex…

3 weeks, 5 days ago

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Meta’s push to make their smart glasses cool

When Meta Ray-Ban glasses were launched in 2021, they didn’t perform so well on the market. But in recent years, Meta has been partnering with fashio…

3 weeks, 5 days ago

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Preparing for an AI tax crisis

If artificial intelligence really does replace human labor, the U.S. could be in for a tax revenue crisis. That’s because high unemployment shrinks t…

3 weeks, 5 days ago

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LIV Golf could now be in the rough

In 2022, LIV Golf pulled major golf stars away from the established PGA Tour with massive payouts. But this year, the Saudi Public Investment Fund pu…

3 weeks, 5 days ago

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