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Latest Stories

Latest Stories

Wayfair steps into IRL retail

May 16, 2024
Many consumers are more comfortable buying furnishings in person. Several online-native brands have recently expanded into physical retail.
Wayfair's first brick-and-mortar store, located in Wilmette, Illinois. The 150,000-square-foot space will carry only a fraction of what’s online.
Scott Olson/Getty Images

The high stakes trade that can move entire currencies 

May 16, 2024
The “currency carry trade” is one way investors chase returns by moving their money from one country to another, and it can move currency markets. It’s emblematic of the power of interest rates to slosh money around the globe, and it may be growing. 
Currency carry trade is a particular type of bet that investors make when they think they can earn more money in one country than in another.
Kazuhiro Nogi/APF via Getty Images

Weekly jobless claims dip, but they've climbed this spring. What's the takeaway?

May 16, 2024
Recent data indicates some cooling of the job market, but the real number of people laid off may be higher.
The Conference Board reports more Americans anticipate that jobs will be harder to find, and employment and income trends will worsen, in the coming months.
Scott Barbour/Getty Images

Walmart's newest growth market? More affluent shoppers

May 16, 2024
"I’m not embarrassed to say I bought something from Walmart anymore," says one such shopper.
The company has been trying to lure more high-end shoppers with new, trendier products and faster delivery of online orders.
Joe Raedle/Getty Images

With low wool prices, Midwestern sheep farmers are innovating with the fiber

May 16, 2024
Some are looking for new uses for fleeces while others shift to breeds that don’t produce much wool at all.
Newly shorn sheep bask in the spring sunlight at the Cory Family Farm in Polk County, Iowa.
Rachel Cramer/Harvest Public Media

Honeybee populations are hitting record numbers. Weren't they dying off before?

Scientists were ringing alarm bells about colony collapse disorder a decade ago. Brian Walsh of Vox explains what happened.
Honeybees were too valuable to fail.
Barbara Gindl/APA/AFP via Getty Images

U.S. banks remain the world's largest funders of fossil fuels

May 16, 2024
Banks have invested trillions of dollars since the Paris Agreement went into effect.
JPMorgan Chase was the number one fossil fuel financier in the world last year, according to the 15th Banking on Climate Chaos report.
Chris Hondros/Getty Images

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The high cost of mental health inequities

May 16, 2024
Lots of people in this country don’t have access to good mental health care — and that's expensive for society.
Investing in things like housing, education, food and medical care makes a big difference in a person's health outcomes.
Javi Sanz/Getty Images

New China tariffs have arrived. How do voters feel about them?

New polling data reveals that voters generally support tariffs more when they target China.
This week, President Joe Biden unveiled tariff increases for electric vehicle batteries, computer chips and more coming from China.
Mandel Ngan/AFP via Getty Images

A greater percentage of women are working than ever before

May 15, 2024
What's behind the surge in women workers? And will the numbers keep climbing?
Some factors that have increased women's labor participation: a tight labor market, higher wages and more jobs with flexible work-from-home options.
SDI Productions/Getty Images