Segments From This Episode

• Why consumers are pulling back on spending

  by Nancy Marshall-Genzer

  

  A New York Fed survey shows consumers are cutting back. But inflation means they’re paying more for the same stuff.

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• As discretionary spending slows, retailers try to make themselves essential

  by Kristin Schwab

  

  Here’s how one small business is adapting to the changing consumer climate.

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• What if we told you inflation was back to its target rate?

  by Kai Ryssdal and Sarah Leeson

  

  When we focus on recent months rather than year-on-year increases, inflation numbers look pretty good, says economist Alan Blinder.

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• The IRS delays a tax-reporting rule for peer-to-peer apps. Freelancers are relieved.

  by Savannah Peters

  

  Peer-to-peer apps have become a lifeline for small businesses. But many formerly under-the-table cash transactions now leave a digital trail. 

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• With more Brits retiring early, the Bank of England warns of a shrinking workforce — and rising inflation

  by Stephen Beard

  

  A surge in the number of early retirees threatens to prolong inflation in the U.K.

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• 3 real estate agents on the cooling U.S. housing market

  by Maria Hollenhorst

  

  “I don’t know what this year is going to bring,” said one experienced Montana agent.

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