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Rent inflation has made the Fed's job tricky
Federal Reserve Chair Jerome Powell is set to speak tomorrow in Jackson Hole, and we'll be watching for hints about the future of interest rates. But one tricky part of the inflation equation? Rent. …
Published on 5 days, 11 hours ago
American gamers to feel the effects of Trump's tariffs
From the BBC World Service: The impact of U.S. tariffs is already starting to hit consumers' pocketbooks. Imports from Japan to the United States have been subject to a 15% tariff for three weeks, an…
Published on 5 days, 12 hours ago
The view of tariffs from the Santa Fe Indian Market
The prestigious Santa Fe Indian Market draws over 1,000 Indigenous artists from more than 200 tribal nations each year, including First Nations, Inuit, and Métis artists from Canada. But this year, e…
Published on 6 days, 8 hours ago
More intel on that potential government Intel deal
Commerce Secretary Howard Lutnick has confirmed that the Trump administration is considering taking a stake in the struggling U.S. chipmaker Intel. The arrangement would be unusual but not unpreceden…
Published on 6 days, 11 hours ago
It's game on in Cologne, Germany
From the BBC World Service: Hundreds of thousands of avid video gaming fans are gathering in Cologne for Gamescom 2025, the world’s largest annual video game event. It comes at a time when the indust…
Published on 6 days, 12 hours ago
It's quality over low cost for U.S. clothing manufacturing
Many garment factories have shuttered amid a decades-long decline in U.S. apparel production, and tariffs won't be enough to bring them back. But higher-end, higher-quality clothing can still be made…
Published on 1 week ago
Outsourced jobs threatened by AI
Experts are still in the early stages of understanding just how much generative AI will disrupt the labor force. A new report by MIT finds that the adoption of AI led some firms to cut back spending …
Published on 1 week ago
Intel secures a $2 billion investment
From the BBC World Service: Japan’s SoftBank has invested $2 billion in U.S. chipmaker Intel, which has been losing ground lately in the booming AI market. It also comes as the U.S. government weighs…
Published on 1 week ago
It's almost time for Jackson Hole again
It’s a big week for Fed watchers. Federal Reserve Chair Jerome Powell is scheduled to speak at a research conference on Friday in Jackson Hole, Wyoming. It comes at a tricky time for the Fed — pressu…
Published on 1 week, 1 day ago
Getting spendy to get ahead of tariffs
Consumer spending was up pretty significantly for more expensive items last month — things like cars and furniture. All that big-ticket buying comes despite a softening labor market and broader econo…
Published on 1 week, 1 day ago