As freight ships are rerouted away from the Red Sea, air cargo can be a pricy alternative. Plus: holiday earnings, a child care desert, and America as a source of risk premium.
Greg Ip at the Wall Street Journal joins "Marketplace" host Kai Ryssdal for a conversation about the big sell-offs happening in the market and America as a source of risk premium.
Even though most of what moves around the world travels by ocean freight, a growing volume of goods travels via plane, with about 13% of that air cargo passing through the Gulf.
Between COVID shortages, expired EV tax incentives, and tariff anxiety, vehicle sales have been volatile in the last few years and down in the last few months. But things could be picking up.
In many rural areas, the child care shortage is exacerbated. One mountain town in southwestern Colorado is closing the gap between kids and care by building affordable homes that are licensed to be day cares.
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