It’s ending the year at a low. Plus: Kansas City World Cup prep, a macroeconomic theory course utilizing AI, and a wrap up of the week’s economic headlines.
Kansas City expects 650,000 fans to attend World Cup games next June and July. Many of them will seek short-term rentals, which could temporarily affect the region’s housing market.
Children (and adults) can write letters to Santa Claus through the U.S. Postal Service’s Operation Santa program, which allows others to fulfill their wish lists.
Utilities across the country are investing in upgrades, and the cost is often passed on to consumers. In some places, utilities are increasing capacity for data centers, but elsewhere they're responding to the risk of wildfires and other natural disasters.
From the BBC World Service: The Chinese owners of TikTok have signed a deal to sell the company's U.S. assets to a joint venture led by American investors.
Oracle and other firms are taking out loans to build data centers that they will rent to AI companies. Investors are starting to wonder if that bet will pay off.
In his 19-minute speech to the country last night, President Donald Trump shared a view on the economy that was, at times, accurate, misleading, or wrong.
Garrett Johnson, professor of marketing at Boston University, shares his thoughts on the nuanced challenges of adding advertising to generative AI search platforms.
Bank deposits have been increasing for more than a year, according to the FDIC. While that could let banks make more loans, many banks are being cautious.
Indeed senior economist Cory Stahle shares how tech job postings have changed over the year and how AI has (and hasn’t) influenced the kinds of openings posted on the job website.
President Donald Trump favors a “tech neutral” approach to broadband access — a shift from the previous administration’s prioritization of fiber internet.
One major growth sector is retail advertising, when a brand pays retailers like Amazon or Walmart to highlight their products to that retailer’s customers. It’s expected to grow to over $190 billion in 2026.
The November unemployment rate in doesn’t represent a lot of people losing their jobs. It’s just that more and more people who want work are having trouble finding it.
A recent investigation found that some lenders are using a controversial method for calculating interest, meaning some New Yorkers who already lost their homes have also been deprived of tens of thousands of dollars.
Nicholas Miller, policy associate at the National Conference of State Legislatures, explains how states are leaning into some tax incentives like reduced construction costs to attract data centers, while rethinking others related to electricity use.
Now that the government has stopped minting pennies, retailers and restaurants that tend to do a lot of cash business want the federal government to come up with a standard for rounding.
The latest survey from the National Association of Home Builders showed confidence ticked up in December, but two-thirds said they’ve had to offer incentives lately to get buyers to commit.
From the BBC World Service: "It's like I'm standing inside a cloud of dust and smoke," says BBC correspondent Devina Gupta of air quality in India's capital.
Gary Marcus, professor emeritus at NYU, explains the differences between large language models and "world models" — and why he thinks the latter are key to achieving artificial general intelligence.