Segments From This Episode

• It's a big day for the direction of this economy

  by Sabri Ben-Achour

  The Federal Reserve decides today what to do with interest rates, which affects everything from car loans to mortgages. The Fed started raising them in 2022 as a way to fight inflation and kept them high for most of the past year. Let’s discuss with Susan Schmidt, head of public equity at the State of Wisconsin Investment Board.

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• Online retail sales rose nearly 8% in August over last year

  by Justin Ho

  

  Analysts say there’s still room for growth in the category, though most purchases are still made in person.

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• Will AI lead to layoffs? New data from CEOs says no

  by Nancy Marshall-Genzer, Ariana Rosas and Meredith Garretson Morbey

  

  KPMG’s latest U.S. CEO Outlook survey finds that more than 70% of corporate executives feel AI “will not dramatically change their workforce.”

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