It widened in March. Plus: Satellite imaging, long-term bond yields, friend-finding apps, and home remodeling.
Interest rates on long-term bonds have been headed upward since around 2020, after spending decades before that trending downward.
The value of stuff the U.S. imported (like passenger vehicles) rose, but so did the value of stuff it exported (like oil and agricultural products).
Bloomberg journalist Krishna Karra talks about these restrictions are changing the satellite imaging industry.
A new Harvard study shows that remodeling permit applications are flat, while sales of supplies like faucets and windows are down. One major issue is finding workers during an immigration crackdown.
Philadelphia’s unemployment rate has risen recently, from 4.5% to 5.3%. That is a whole percentage point higher than the state and national average.
Amarah Hasham-Steele, editorial fellow at The Walrus, talks about her experience trying out friendship apps.
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