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Why does the world want dollars? Because of high interest rates, thriving economy in U.S.

by Sabri Ben-Achour
Apr 23, 2024
The greenback is so strong that Japan and South Korea have complained.
“The U.S. has strong growth, strong earnings potential, and so we’re drawing in global equity investment,” said Win Thin at Brown Brothers Harriman.
Azure-Dragon via Getty Images
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Recent college grads see rise in unemployment

by Elizabeth Trovall
Apr 23, 2024
Unemployment jumped from 8.6% to 12.3% among 20-somethings with bachelor's degrees year over year, the BLS reported.
"This is the first sign of [the job market] not being as strong as I thought it was," said Patricia Anderson with Dartmouth.
Lawrence Sawyer/Getty Images
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The WIC family food program is getting a refresh, but requirements are still tough to navigate

by Savannah Maher
Apr 23, 2024
The nutrition program is restrictive by design, but updates to the food package are giving parents and kids more options.
For the first time in a decade, the WIC program's food package is being updated. Recipients will have more money to buy fruits and vegetables and more options for whole grains, dairy and dairy substitutes.
SDI Productions via Getty Images
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"The League"

The team owner who fought for civil rights

by Catherine Orihuela
Apr 23, 2024
Effa Manley, owner of the Newark Eagles, firmly believed her team’s success was tied to the ongoing struggle for justice in her community.
Effa Manley mixed business and activism as co-owner of the Newark Eagles, a Negro National League team.
Mark Rucker/Transcendental Graphics, Getty Images
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While El Salvador is turning around its reputation for crime, its economy still struggles

by Jane Chambers
Apr 23, 2024
El Savador's President Nayib Bukele took on gang violence by introducing a state of emergency in 2022. The country is now safer, but its economy is struggling to grow.
Above, people buy vegetables in a market in in San Salvador, El Salvador, in October.
Aphotografia/Getty Images
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What to expect from Tesla ahead of quarterly results

by Mitchell Hartman
Apr 23, 2024
The company reports after the bell on Tuesday.
Tesla once dominated the now-crowded EV market.
Brandon Bell/Getty Images
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"The League"

Negro Leagues barnstorming brought baseball to new places

by David Brancaccio and Alex Schroeder
Apr 23, 2024
It's just one of the lasting economic legacies of the professional baseball played in the Negro Leagues in the 20th century.
Teams that played in the Negro Leagues often had no choice but to hit the road and play games all over. They relied on this practice, known as barnstorming, to keep the money coming in. Pictured above: The Newark Eagles in a dugout in 1936.
Courtesy Magnolia Pictures
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Profits are up, according to a business survey. This time, it probably isn't due to "greedflation."

by Justin Ho
Apr 22, 2024
Companies don't have the pricing power they had in the pandemic recovery. Now it's more like the before times.
A survey from the National Association for Business Economics found that profits hit their highest level since October 2021.
Charnchai via Getty Images
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SCOTUS weighs policy on policing homeless people amid a national housing shortage

by Amy Scott and Sarah Leeson
Apr 22, 2024
The justices will debate if enforcing a public camping ban in Grants Pass, Oregon, violated the Eighth Amendment.
Communities are grappling with how to address record-high homelessness across the country.
John Moore via Getty Images
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Cash for your backyard? Companies, homeowners try to capitalize on a California law.

by Erin Baldassari
Apr 22, 2024
Housing shortage-plagued California recently started allowing property owners to split their lots and have developers build new homes there.
Courtesy Peter Taormina
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