Consumer credit creep

Segments From This Episode

• What will happen to the job market if the Fed raises interest rates?

  by Justin Ho

  

  Higher rates can tamp down inflation, but they can also change the dynamics of the labor market.

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• Struggling consumers are increasingly turning to high-cost credit for basic needs

  by Elizabeth Trovall

  

  New research found consumers struggling to afford basic necessities are far more likely to turn to high-cost borrowing like payday loans and buy now, pay later services.

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• This farmer was promised a $20,000 grant to go solar. USDA changed the rules

  by Caleigh Wells

  

  A Michigan dairy farmer is stuck with the full bill for a solar array after the Department of Agriculture withdrew approval of grants for most solar and wind on farms.

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• How immigration crackdowns are tightening the construction labor market

  by Kristin Schwab

  

  Homebuilder confidence fell to a 14 year low in October. The sector’s labor pool has been constricted by high-profile ICE enforcement.

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• The Numbers

  by Kai Ryssdal

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• Candidates campaign for AI attention

  by David Brancaccio

  

  As AI chatbots become a source of information for voters, political campaigns are learning how to shape what they say.

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• Home-based coffee shops provide unique perks for owners and customers

  by Betsy Shepherd

  

  Coffee lovers are transforming their homes into artisanal cafes in California and Utah, where residential food and beverage businesses are legal.

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