Tariffs are a tax that American companies pay to the U.S. government when importing goods. To make up their bigger tax bill, those companies tend to hike prices.
The banking sector has been moving away from charging overdraft fees for a few years now. CFPB scrutiny, along with the broader economy, has made it easier for banks to forgo that overdraft fee income.
Pharmacy benefit managers, or PBMs, negotiate drug prices for insurers. But sometimes PBM parent companies also own the pharmacy they’re negotiating with.
“SUV” used to be synonymous with “gas guzzling.” But new EPA data shows that small SUVs as a category are now more efficient and less polluting than sedans.
Marketplace’s Nancy Marshall-Genzer explores how economists are looking at AI and fintech to help consumers who are shut out of the traditional banking system.
Ahead of potential tariffs, companies are trying to get more foreign goods into the country — and faster. Space seems to be available, unlike a few years ago.
“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.
For a lot of families, the cost of child care is a huge reason why inflation is still so painful. For years, the rise in child care and preschool prices has outpaced inflation overall. The latest Consumer Price Index showed the cost of child care increased 0.6% last month alone.
Albertsons is giving up on its merger with Kroger and it is suing the grocery chain, saying it didn’t do enough to secure regulatory approval for the $24.6 billion agreement.
Rohit Chopra, director of the Consumer Financial Protection Bureau, explains a proposed rule that would hold data brokers to the same legal standards — emphasizing accuracy and consent — that govern credit bureaus.
A growing number of companies will tattoo a client’s entire body part in one work day, but the procedure comes with anesthesia, medical care and high costs.
Toni L. Sandys/The Washington Post via Getty Images
Despite gripes about the near-constant requests for tips in retail and services, Bankrate says more people are planning to give holiday tips this year than last.
James O’Donnell, AI reporter at MIT Technology Review, shares how AI is being developed for police departments after visiting one of the largest police conferences in the U.S.
Carola Binder, an economist at the University of Texas at Austin, explains why tariffs might cause prices to rise, but they doesn’t necessarily mean the Fed will get involved right off the bat.
“It was promoted as giving your office an automatic memory,” said Craig Robertson, an expert on filing cabinets. “People were surprisingly excited by it.”
