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Why home improvement retailers are going after pro contractors

May 21, 2024
Lowe’s reported that first quarter sales are down from the same period last year, but spending by professionals is up.
About 25% to 30% of Lowe’s sales are to professional contractors.
Spencer Platt/Getty Images

CEO succession can be a tricky business, and not just on TV

May 21, 2024
The pending departure of JPMorgan Chase boss Jaime Dimon highlights the difficulties of replacing the person at the top.
Jamie Dimon, the outspoken CEO of banking giant JPMorgan Chase, signaled his retirement in the next few years.
Win McNamee/Getty Images

Inflation and politics have always been connected

May 21, 2024
Rising costs have long been a concern for Americans. What's changed is how the government intervenes in prices, economist Carola Binder writes.
"The return of inflation was not only, or even primarily, an academic concern. It was, even more, a social and a political one," economist Carola Binder writes in her book "Shock Values."
Frederic J. Brown/AFP via Getty Images

When Foxtrot and Dom's grocery stores closed, local vendors were left scrambling

May 21, 2024
Hundreds of vendors were caught off guard when Outfox Hospitality abruptly shut down stores in Illinois, Texas and the Washington, D.C., area.
Justin Doggett, owner of cold brew company Kyoto Black, fills a pouch with coffee. Doggett is one of dozens of local vendors affected by the closings of Foxtrot and Dom's stores in late April.
Esther Yoon-Ji Kang

New research finds Native households are more financially stressed

May 21, 2024
The Fed's annual Survey of Household Economics and Decisionmaking doesn't include breakout data on American Indian and Alaska Native households. New research aims to fill that data gap.
The SHED survey does capture responses from Native people, but they make up just about 1% of the total sample.
Wasan Tita/Getty Images

Texans brace for high electric bills as temperatures rise

May 21, 2024
In Houston, the energy capital of the world, low prices are not a given. Experts would like to see more capacity and more conservation.
To manage her electricity bills, Robin Wright said she uses air conditioning sparingly. Many Texans are trying to adapt to summertime heat spikes.
Elizabeth Trovall/Marketplace

What it's like to create an indie film during the golden era of indie video games

May 21, 2024
Filmmaker Lisanne Pajot reflects on how the challenges she faced making an indie film mirrored the struggles their subjects faced developing an indie game.
Ed McMillen, one of the developers of Super Meat Boy, takes a break from coding.
Courtesy BlinkWorks Media

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For some, a multigenerational household involves both love and economics

May 21, 2024
Following a stroke and Parkinsonism diagnosis, the family of Carol Lawler decided it would be best to come — and live — together.
John Lawler and his daughter, Katie, at their home in Minnesota.
Chris Farrell/Marketplace

State legislatures advance measures to support local news

Bills in New York and California include things like tax credits for employing local journalists and taxes on Meta and Google.
Tero Vesalainen/Getty Images

Bad weather, bad news for homeowners seeking insurance in Texas

May 21, 2024
More severe weather events means higher rates and more Texans forced into state insurance plans.
Over the last year, Anna Stafford with the Texas FAIR Plan Association has seen a nearly 32% increase in people turning to last-resort insurance policies. Above, storm damage in Houston on May 17.
Logan Riely/Getty Images