Correspondent & Host
Sabri is a correspondent and host for Marketplace based in New York City. He has many, many plants.
Wholesale inventories were up in April. But now, some stores have too much inventory while others struggle to get the inventory they need.
The president also ruled out solar tariffs for two years on several Asian countries the U.S. imports solar panels from.
About 3.5 million more people were working or looking for work in May than a year earlier. Economists hope the number keeps rising.
People want to get outside and do stuff, not just buy stuff. That’s reflected in surging travel bookings — and airfare.
Apple is the latest big employer to announce it’s hiking hourly pay. The market for in-person work is especially competitive.
As COVID surges again in some areas and employees push to work at home most days, companies are trying to find the right balance.
A strong dollar means lower prices for goods from abroad. For countries that import commodities priced in dollars, however, it’s bad news.
As one region after another locks down, companies struggle and delays hinder the production and transportation of goods.
All major indices are down for the year. That’s probably something the Fed isn’t all that mad about.
Mortgage rates, for example, probably already have the Fed hikes built in.
