Despite strong jobs gains, wage growth continues to trail overall inflation. Plus: European tourism, farm machinery, and the week’s economic headlines.
The latest jobs report shows that, as inflation has risen during the Iran War, wage growth has continued to slide. Wages are now growing at the slowest pace in more than five years.
A new report from the Federal Reserve Bank of Cleveland shows a rise in employers who are underpaying their workers, particularly at businesses like hotels, restaurants and grocery stores.
Plus, John Ternus takes the helm at Apple, and Google won't have to break up its ad tech business. Joanna Stern, founder of media company New Things, joins Marketplace's Meghan McCarty Carino on this week's "Tech Bytes: Week in Review."
The oil supermajor plans to drastically expand its operations in Venezuela. Plus: Railroad shipping, energy efficiency, childcare costs, and buy now, pay later.
Demetrius Freeman/The Washington Post via Getty Images
A new Economic Policy Institute report finds workers in the 26 states with right-to-work laws earn nearly 7% less on average than those in states without them, a gap that has more than doubled over the last decade.
The collapse of Akron, Ohio's tire industry presents a cautionary tale about artificial intelligence and how AI-driven job losses could erode government tax revenue.
“Socioeconomic status is a good predictor of loneliness,” says Nick Keppler, writing for Slate. “In fact, you can even keep track of how much income will buy you a few extra hours with other people per day.”
For smaller banks, where resources can be limited, adopting AI comes with its own set of opportunities and challenges. So how are these institutions using AI — and what does it mean for the future of community banking?
From a young age, La Toya Luces-Sampson wanted to become a doctor — and she did. But since then, her entrepreneurial spirit has led her along a winding career path.
For years, brands never really paid attention to Reddit. But as LLMs and AI bots scrape the internet, Reddit has become valuable internet real estate for marketers.
The home security camera company rolled out a new type of encryption for its users. Its founder says it might ease anxiety over AI tracking and privacy.
“I didn't fall in love with the house when I walked in,” said Ashley Pincenti, a first-time homeowner in Bartlett, Illinois. “I had signs telling me: ‘This is your house.’”
David Pogue’s sister received an odd email from someone who had their grandmother’s photo album. It exposed him to a world of people buying and selling lost family albums.
U.S. refineries are operating at about 97% capacity as they compensate for global refining capacity lost to war damage elsewhere. Now, upcoming run-of-the-mill maintenance adds even more pressure on markets.
It was 62 years ago that President Lyndon B. Johnson made food stamps — now known as SNAP benefits — a permanent government program. But significant changes are coming.
Stevie Glaberson at Georgetown Law’s Center on Privacy and Technology found that DHS has been collecting DNA samples from detainees — and then sending that genetic information to an FBI database.
