Although wages are rising faster for salaried workers, neither group has kept up with inflation. Plus: Oil futures, gas station-core, and life as a traveling nurse.
According to fresh data from Indeed’s Hiring Lab, hourly wages went up 1.7% in the past year. And salaried wages went up 2.9%. Neither is keeping pace with inflation.
Plus, Robinhood to offer agentic trading and shopping to users, and rideshare drivers in Massachusetts unionize. Paresh Dave, senior writer at Wired, joins Marketplace’s Stephanie Hughes for this week’s “Tech Bytes: Week in Review.”
Huntington Beach, California, faces a structural budget gap where recurring expenses exceed recurring revenue. One answer may lie in the city’s trademarked slogan: Surf City USA.
Farmers have had to adjust to rising prices and shipping disruptions from the Strait of Hormuz’ closure, on top of existing economic strains like tariffs.
Looking at 4 million applications to 1,700 positions across 150 companies, researchers found that — in many cases — an AI tool was less likely to advance Black and Asian applicants.
But some states are barely catching up on knowing how to regulate the technology, says Bentham Paulos, senior researcher at the Clean Energy States Alliance.
Pamela Paul, writer at large for the Wall Street Journal, talks about the decline of “serious” nonfiction titles — from biographies to books about the economy.
Consumers now expect prices to rise 4.8% over the next year, up from 3.4% in February, and businesses and bond markets are signaling similar expectations.
Fewer than half of consumers say they feel financially stable, according to data from analytics company JD Power. But for consumers under 40, things look especially challenging.
Marvin Joseph/The Washington Post via Getty Images
Commercial director and online content creator Ash Xu sees a growing trend of brands putting the spotlight on the creative process behind their advertising, as public backlash to AI content has grown.
The Lone Star state produces the most oil in the U.S., while California is at a geographic disadvantage to recieve fuel. Plus: Costco, climate change, Shein, and an e-bike library.
As refinery shutdowns and specialized fuel rules drive up California gas prices, Texas’ vast refining network and oil-friendly policies are helping keep fuel costs lower.
Zara Stone, tech culture reporter at The San Francisco Standard, explains how startups are gearing up for potential FDA approval of compounded peptide drugs this summer.
E-retailer Quince is having a moment, in part because it has a lot of data on its customers. “It uses a data-scraping operation to figure out what is selling sort of across the internet in these categories that this particular consumer finds interesting,” said Bloomberg’s Amanda Mull.
Three companies with trillion-dollar-plus valuations are expected to go public in quick succession. New rules mean major stock indexes are fast-tracking their inclusion, triggering mandatory buying from the index funds that dominate American retirement accounts.
Bryan Spear, CEO of Technosylva, says his company is combining the latest in artificial intelligence with 30 years of climate data to better inform insurers and utilities about potential blazes.
