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Major retailers lower prices as competition heats up

May 23, 2024
Target and Walmart are among the outlets competing for the dollars of consumers who may have reached the limit of what they will pay.
"We've made price cuts on 1,500 frequently shopped items," Target CEO Brian Cornell told investors.
Joe Raedle/Getty Images

Before, he built nuclear detectors. Now, he's making cowboy boots.

May 23, 2024
Steve Christo runs a custom boot shop in Virginia. "I thought, 'If I can build nuclear detectors, I should be able to make a boot,'" he said.
Christo works with clients to take their measurements and select leathers as part of his custom boot-making.
Courtesy Christo

High interest rates have frozen the real estate market. When will it thaw?

May 23, 2024
Mortgage rates have popped back up above 7%, sales have fallen and builder sentiment is down. 5% would get things moving, per one economist.
Mortgage rates above 7% weigh on the housing market. Buyers can’t afford the high monthly payments, and sellers don’t want to move and give up their cheap loans.
Frederic J. Brown/AFP via Getty Images

First GE, now DuPont. Corporate deconglomeration is having a moment.

May 23, 2024
DuPont said it will split into three companies focused on water, electronics and chemicals. Investors and antitrust officials may be watching.
Mark Makela/Getty Images

For many Olympians and Paralympians, the path to Paris is self-funded

May 23, 2024
It's up to many athletes to pay for the bulk of training, coaching, travel, equipment and other expenses on the road to Paris.
Ben Washburne and his Paralympic teammates practice on the Charles River in Boston. Washburne juggles training with a full-time job.
Henry Epp/Marketplace

Now that pandemic SNAP benefits have ended, many scramble for food

May 23, 2024
The number of Americans facing food insecurity has increased. People are turning to food pantries, soup kitchens and each other.
When emergency nutrition assistance expired, millions of Americans suddenly had hundreds of dollars less per month for food. 
Michael M. Santiago/Getty Images

Higher tariffs on Chinese computer chips may not lead to more U.S. engineering jobs

May 23, 2024
An NBER study finds the tariffs may actually dampen U.S. opportunities for chip engineers and others.
A recent NBER study found that hiring of semiconductor engineers in the U.S. is down 9% since 2018. 
Mario Tama/Getty Images

For public good, not for profit.

Is the passive investing boom bad news?

These kinds of investments – like putting money into index funds – now make up somewhere between 15% and 38% of the stock market.
Index funds have historically been a generally easy, cheap and profitable way to invest your money.
Spencer Platt/Getty Images

Long COVID can make work challenging. Accommodations can make a difference.

May 22, 2024
In more than half of cases, workplace accommodations don’t cost an employer anything, according to one survey.
For many, long COVID is severe enough that it affects their ability to work. One study estimates about 700,000 people are likely missing from the labor force because of it.
shironosov via Getty Images

Nvidia dominates in AI, but others are trying to chip away

May 22, 2024
The chipmaker's early focus on graphics processing technology created an advantage that is paying off hugely this year.
Justin Sullivan/Getty Images