(U.S. Edition) The European Union is sending the head of the EU commission, Jean-Claude Juncker, to the White House this morning with the aim of getting Trump to lift tariffs on steel and aluminum. We’ll look at what we can expect from these talks. Afterwards, we’ll explore how car-sharing works amid GM’s decision to allow GM owners to rent out their cars, and then we’ll discuss how older Americans are participating in co-housing, which allows them to live on their own, but in a community where they can share expenses. Today’s podcast is sponsored by Purple Mattress (purple.com), Alliance for Lifetime Income (retireyourrisk.org/advisors), Michigan Economic Development Corporation (planetm.michiganbusiness.org), and USPS (USPS.com/future). (07/25/2018)
Co-housing for the elderly
It’s a busy week for General Motors. The automaker reported quarterly earnings this morning, with a profit of $2.38 billion ($1.66 a share). GM has also announced its foray into car-sharing. Think Airbnb, but for your Chevy, Buick, GMC or Cadillac. Several apps already exist for people to rent out their cars. GM has its […]
The American Association of Retired Persons estimates about three-quarters of people 45 and older want to stay in their homes as they age. One way for them to do that is co-housing. It gives people the opportunity to live independently but in a community where they share some expenses and activities including chores. There are 165 […]
One economist shares his theory about why wages might not be growing: companies are just too powerful right now.