We break down whether forward guidance helps or hurts the economy. Plus: GPS, an Iran agreement, the labor market, and used RVs.
Kai talks to Robin Brooks, senior fellow at the Brookings Institute, about the deal with Iran and what it means for oil markets.
Jobless claims dropped only slightly last week, and unemployment is fairly low at 4.3%. But that might feel different, depending on where you live.
In his first press conference, Warsh reaffirmed the Fed's commitment to price stability. But what that means in practice is anyone's guess.
“Once you realize how deep it is in all of our infrastructure, you start to see both how transformative it was and also really how risky it is,” said Katherine Dunn, author of “Little Blue Dot: How GPS Shaped the Modern World.”
Lack of leisure dollars and high fuel prices are causing shoppers of large recreational vehicles to hold back.