Layoff announcements were up 29% from June to July, and up 140% compared to last July. Should we be worried? Plus: data erosion, car key fobs, and the private equity-ification of youth sports.
Three percent GDP growth for the second quarter is great. It’s also misleading. Plus: jobs, stablecoin, and the case for a U.S. Department of Economic Security.
Consumer confidence grew last month, but Americans remain cautious about the labor market. Plus: the resurgence children’s magazines, ethics in AI music, and a foreign investment math lesson.
President Trump wants lower interest rates now, but what could that mean for the economy? Also: an end to taxes on tips. We look at who qualifies and who doesn’t.