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As consumer sentiment survey is released, differences emerge at different wealth levels

by Mitchell Hartman
Apr 26, 2024
Inflation continues to be a key factor but richer folks have greater protection from its effects.
Wealthy and low-income households are not experiencing inflation the same way, says Kayla Bruun with Morning Consult.
David McNew/Getty Images
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When take your kid to work day goes viral

by Erika Soderstrom
Apr 26, 2024
At 5 years old, Christopher Bess is already a high school basketball coach.
At just 5 years old, Christopher Bess appears to have already found his calling: coaching basketball.
Courtesy Bess
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How companies can protect trade secrets without noncompete clauses

by Meghan McCarty Carino
Apr 25, 2024
The FTC banned noncompete agreements this week, but state and federal laws can help companies protect their intellectual property.
The Federal Trade Commission has given employees more freedom, but they are still bound by regulations on intellectual property.
designer491 via Getty Images
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GM was collecting and sharing drivers' data, often without their knowledge

by Kimberly Adams and Sofia Terenzio
Apr 25, 2024
A conversation with the reporter who broke the story, then found out she was among the drivers impacted.
"I was shocked, but at the same time, this is what drivers of GM vehicles had been telling me," said Kashmir Hill at the New York Times when she discovered her driving data had been collected without her recalling consenting to share it.
Mario Tama/Getty Images
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“We have sailed from Baltimore”: Cargo ships begin leaving the port

by Stephanie Hughes
Apr 25, 2024
Eight cargo ships have been stuck in the Port of Baltimore for weeks. Now, several are on their way — and back to business.
A channel opened Thursday, allowing some ships to leave the Port of Baltimore four weeks after the bridge collapsed.
Andrew Harnik/Getty Images
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Inherited retirement account owners won’t face penalties for not withdrawing money this year

by Janet Nguyen
Apr 25, 2024
IRS rules require beneficiaries to make minimum withdrawals, but the tax agency has been waiving them.
Holders of inherited individual retirement accounts face complicated rules.
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U.S. GDP grew by 1.6% in the first quarter, slower than expected

by Savannah Maher
Apr 25, 2024
This marks the end of a six-quarter streak of GDP growth of 2% or more. But the downshift might not be cause for worry just yet.
The good news: consumer spending, the force that’s been buoying economic growth for months, still looks solid. The bad news: business leaders aren’t feeling quite as confident.
Michael M. Santiago/Getty Images
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The pneumatic tube business isn't dead yet

by Matthew Algeo
Apr 25, 2024
Hospitals still use the tubes for moving medicines and samples. But sales are now higher thanks to cannabis dispensaries.
Scott Rudder demonstrating the pneumatic tube system at Township Green, his cannabis dispensary in Riverside, New Jersey.
Matthew Algeo/Marketplace
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bonds

A new way to invest in medical research is moving through Congress

by David Brancaccio , Ariana Rosas and Natalie White
Apr 25, 2024
The LOANS bill would make BioBonds available to researchers ready to move their emerging therapies into clinical trials.
Venture capital is the traditional funding mechanism for medical research companies, says Jason Menzo, CEO of Foundation Fighting Blindness. BioBonds would provide another revenue stream with less risk for investors.
Alessandro Biascioli/Getty Images
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Small businesses could see big gains by boosting productivity

by David Brancaccio and Alex Schroeder
Apr 25, 2024
And they can achieve that through better collaboration with companies big and small in their industries.
"Small businesses are, really, the backbone of the economy in so many ways," says McKinsey's Anu Madgavkar.
iStock/Getty Images Plus
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