“Even though I only live, like, 35 minutes away from the city, or 45 minutes by metro, it’s just a little inconvenient for people,” said William Craver in Herndon, Virginia.
Historically, the bond market is eager to buy up U.S. Treasury bonds. But this isn’t a typical economic moment. Plus, high-speed rail and the importance of location for a first-time homebuyers.
Retailers are more likely to bump up prices by a large chunk down the line than inch them up month to month. Plus, Coinbase joins the S&P 500 and retailers report on their economic realities.
For the next 90 days, the two countries will temporarily ease tariffs on each other’s goods. But what does that mean for the broader economy and the damage already done?
“What these factory owners are making is a point that, even with the tariff, it is still going to be drastically cheaper than when you’re buying from the brand directly,” said Caiwei Chen, a China reporter for MIT Technology Review.
This week, the Federal Reserve opted to leave short-term interest rates alone, despite concerns about the rising risks of a weakening U.S. economy. Plus, why NOAA is retiring its billion-dollar disaster database.
“It’s more of a convenient moral gymnastics to say that people who cheat the federal government should be given a lighter touch than people who borrowed from it,” said economist Kathryn Anne Edwards.
Top officials from both countries will meet in Geneva this week. Plus, a small business owner reopens after Hurricane Helene and one young mom discusses her economic reality.
