Election 2024My Analog LifeI've Always Wondered ...My Economy

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I've Always Wondered ...

Does the Fed actually set interest rates?

by Janet Nguyen
Jul 26, 2024
The Fed has a series of tools in its arsenal to influence interest rates, including the all-important federal funds rate.
When interest rates go down, the cost of borrowing money goes down too.
NanoStockk/Getty Images Plus
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"This Is Uncomfortable" Newsletter

For Sarah Thankam Mathews, organizing is about people and potential

by Zoë Saunders and Tony Wagner
Jul 26, 2024
The “All This Could Be Different” author chatted with us about embarrassed millionaires, mutual aid and Milwaukee.
Courtesy Dondre Stuetley/Penguin Random House
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My Analog Life

Ex-inventory clerk ticks off memories of counting merchandise

by Maria Hollenhorst
Jul 26, 2024
Before barcodes and electronic management systems, there were inventory clerks with pens and clipboards.
Before electronic inventory management systems came on line in the 1980s and '90s, retailers counted inventory by hand.
Brandon Bell/Getty Images
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Consumers are saving the least since 2022, despite "pretty, pretty good" economy

by Stephanie Hughes
Jul 26, 2024
Incomes are up, consumption is up too — but the personal savings rate is down to 3.4%.
Higher interest rates and avid credit card use are among the reasons many Americans have little left over after buying essentials.
SDI Productions/Getty Images
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Why is manufacturing activity up in some regions and down in others?

by Daniel Ackerman
Jul 26, 2024
Different parts of the country make different products and often respond distinctly to economic trends.
Manufacturers' response to economic shocks depends in part on where they're located.
Scott Olson/Getty Images
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In Boston, office to residential conversions gain traction, aided by subsidies

by Simón Rios
Jul 26, 2024
Amid widespread office vacancies, developers say creating apartments could provide housing and help stave off declining values.
The views from 95 Berkeley St. could add to the office building's appeal for apartment dwellers.
Courtesy City of Boston
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"Make Me Smart” Newsletter

Senate advances bills that boost privacy and safety for kids

by Ellen Rolfes
Jul 26, 2024
The legislation would force tech companies to do more to prevent harm. Subscribe to get the "Make Me Smart" newsletter every Friday!
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Kids' upward mobility linked to how many adults around them work

by Samantha Fields
Jul 26, 2024
A new study from Harvard University and the Census Bureau suggests it's not all about your individual effort or household situation.
"It's not just all about you and your family," said the Aspen Institute's Steven Brown of children's upward mobility. "It's about neighborhoods, it's about networks."
Alexi Rosenfeld/Getty Images
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Paris 2024: The AI-powered Olympics

by Leanna Byrne
Jul 26, 2024
The 2024 Paris Olympic Games officially begins today — and this year's tournament will use artificial intelligence more than any other.
The International Olympic Committee is creating a sort of chatbot for competing athletes to have their questions answered.
Chesnot/Getty Images
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Election 2024

Biden White House has a lot on its economic plate before term ends

by David Brancaccio and Ariana Rosas
Jul 26, 2024
Lindsay Owens of the Groundwork Collaborative points to relief from junk fees and medical debt as well as policy fights around taxes.
President Joe Biden speaking in Chicago about his "Bidenomics" economic agenda.
Andrew Caballero-Reynolds/AFP via Getty Images
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