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Sofia Terenzio

Latest Stories (105)

The economists' word of the year

by Kristin Schwab and Sofia Terenzio
Dec 31, 2024
If you had to describe the 2024 economy in one word, what would it be?
A lot happened this year. Inflation declined and the Federal Reserve cut interest rates. The long-feared recession didn't materialize. Economic issues drove the presidential campaign. How to sum it up?
Andrew Caballero-Reynolds/AFP via Getty Images
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Asheville tea maker is “working hard to stay optimistic” after hurricane

by Amy Scott and Sofia Terenzio
Dec 23, 2024
Jessie Dean, owner of Asheville Tea Company, has sold out of her Christmas blends but is still waiting for affordable loans to rebuild.
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Has the free medical school experiment failed?

by Kai Ryssdal , Sarah Leeson and Sofia Terenzio
Dec 17, 2024
NYU's experience rebuts the idea that tuition-free programs open doors to low-income students, per reporting by Rose Horowitch at The Atlantic.
At NYU, the percentages of Black students and financially disadvantaged students decreased, according to The Atlantic's Rose Horowitch.
Joe Raedle/Getty Images
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Where did all the manufacturing workers go?

by Kai Ryssdal and Sofia Terenzio
Dec 16, 2024
Millions of workers lost their jobs in manufacturing. Many never returned to the labor force.
"I think the bigger adjustment that's happened is for the workers that are entering the labor force, if they see all these changes that we're talking about, they can start college with a different mentality," says Matt Notowidigdo of the University of Chicago Booth School of Business.
Andrew Caballero-Reynolds/AFP via Getty Images
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Would you trust a driverless robotaxi? Waymo hopes so.

by Kai Ryssdal and Sofia Terenzio
Dec 11, 2024
"It's pretty uniform and impressive how much people just love it," said John Gravios, Senior Editor at Wired, about Waymo, the new self-driving robotaxi.
In November, Waymo opened rides to the public in Los Angeles, California.
Mario Tama/Getty Images
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Adventures in Housing

Amid rising property taxes, this homeowner turned to Airbnb

by Sofia Terenzio
Dec 10, 2024
Charlotte Kreutz listed a private room in her home on Airbnb. Almost immediately, she started getting bookings.
"Without the Airbnb covering our property taxes, we would probably have to move," said Charlotte Kreutz, a homeowner in Jersey City, New Jersey.
Courtesy Kreutz
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Home away from home: The history of college dormitories

by Sofia Terenzio
Nov 29, 2024
"You could teach the entire history of American architectural style just using dormitories," says Carla Yanni of Rutgers University.
Students at the University of Michigan use a large rolling bin to move out of their dorm.
Gregory Shamus/Getty Images
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Print magazines are having a moment, but who's buying them?

by Amy Scott and Sofia Terenzio
Nov 25, 2024
Publishers may have been too quick to end their print editions, says Amanda Mull at Bloomberg. "There's demand for it among readers; there's demand among advertisers."
"Companies didn't stop printing print magazines because consumers hated them," said Amanda Mull at Bloomberg Businessweek. "They stopped printing them because the economics of printing physical editions of a magazine became sort of untenable."
Don Emmert/AFP via Getty Images
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My Economy

Alabama toy shop owners prepare for the holiday rush

by Sofia Terenzio
Nov 22, 2024
Sisters Stevi Bell and Amanda Calhoun of Fantasy Island Toys, talk about their plans for the busiest shopping season of the year.
"It's the best job that I've ever had, and I do say that, like, multiple times a day," says Stevi Bell, left, about co-owning a toy store with her sister Amanda Calhoun.
Courtesy Stevi Bell
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My Economy

Violin maker crafts a strategy to deal with tariffs

by Sofia Terenzio
Nov 20, 2024
With import charges looming, Wesley Rule, owner of Knoxville Fine Violins, is considering alternatives to Chinese-made instruments.
Wesley Rule is a luthier, or stringed-instrument craftsman.
Courtesy Wesley Rule
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