As consumers are increasingly cash-strapped, more chain restaurants are offering “value” options. Plus: rent payments, data center construction, and an urban flower farm.
London-based lender MFS has collapsed, and lenders are pulling back from the riskiest parts of the private credit markets. Is there a bigger pattern here?
The industry has grown fivefold since the Great Recession. Plus: wholesale inflation, “baked in” economic announcements, and a children’s clothing manufacturer.
The vast majority of clothing Americans purchase is imported. Kai Ryssdal looks at how one Los Angeles company does their manufacturing within the city’s garment ecosystem.
The private credit market has grown fivefold since the 2008 financial crisis, according to the Federal Reserve, and now sits somewhere near the $2 trillion-mark globally. In the last couple weeks, though, the market has gone a bit sideways.
New data on producer price inflation, or PPI, will be released on Friday. And while it’s not the inflation that faces consumers, it impacts decisions companies make about raising prices.
Right now, consumers expect high inflation. They think, on average, inflation will be 6.5% in a year and 7.2% in five to 10 years, according to the Michigan Survey of Consumers.
The company, known for taking a stricter safety stance as it developed its artificial intelligence tools, said it failed to convince competitors to do the same.
Neilson Barnard/Getty Images for Nintendo of America
Gaming’s not just for kids anymore. The majority of Baby Boomers play video games every week, too, and Candy Crushing grandparents also contribute to the $60 billion-plus industry.
Nvidia started out as a developer of graphics chips focused on the gaming market. Now, the world’s most valuable company is looking to get back into the consumer market.
Atlanta Fed president Raphael Bostic says it’s a tough time to be a central banker. Plus: Meta’s chipmaking deal and the ongoing U.S.-China trade struggle.
by David Brancaccio, Alex Schroeder and Emma Condon
Thierry Zoccolan/AFP via Getty Images
The short answer: Yes. A study from the National Bureau of Economic Research finds that a 25% increase in the flow of immigrants into the U.S. would prevent 5,000 deaths among older Americans.
From the BBC World Service: Hundreds of thousands of troops have been killed since Russia invaded Ukraine, and the financial cost has also been massive for both countries.
Ray Smith, workplace reporter at The Wall Street Journal, shares what he learned from interviewing with an AI platform. One takeaway: It's weird not having human social cues.
The President is using Section 122 of the Trade Act of 1974 to impose tariffs on most foreign imports. But unlike his previous tariffs, these will expire in 150 days unless Congress extends them.
The need for energy storage is increasing as electricity demand rises rapidly in the U.S., with one estimate from the Solar Energy Industries Association expecting the battery market to grow by 21% this year.
The Supreme Court’s decision eliminated a large number of the Trump Administration’s tariffs, but other tariffs, unrelated to the International Emergency Economic Powers Act, remain.
SCOTUS has ruled against Trump’s biggest bucket of import taxes, but the decision doesn’t affect many of the other tariffs in place or stop the administration from levying new ones.
Peter W. Stevenson/The Washington Post via Getty Images
From the BBC World Service: Governments around the world are scrambling to react to President Trump’s decision to impose a sweeping 15% tariff on all imports to the United States.
Marketplace's Meghan McCarty Carino chronicles how a search for a niche hair product led to a scam site that was almost identical to the legitimate one.