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Americans are spending more than they’re making

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Two men shop among shirt racks.

NEW YORK, NEW YORK - APRIL 04: People shop at a clothing store in Manhattan on April 04, 2022 in New York City. JPMorgan CEO Jamie Dimon has warned in his annual shareholder letter that continued inflation in the U.S. will lead to rising interest rates and will be one of the economic issues impacting the country's future. (Photo by Spencer Platt/Getty Images) Spencer Platt/Getty Images

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Segments From this episode

The Weekly Wrap

We're joined by the New York Times’ Ana Swanson and Yahoo Finance’s Brian Cheung about the latest inflation figures, the fate of the Trump administration’s tariffs and the path ahead for the Fed’s attempt to moderate inflation.

Consumers are spending up a storm — and spending down their savings

by Mitchell Hartman May 27, 2022
Even though they're pessimistic about the economy and economists worry about a recession.
A Warmer World

More severe hurricane seasons bring higher costs

by Savannah Maher May 27, 2022
Storms are becoming more frequent and covering new ground. At the same time, mitigation efforts are getting more expensive

When consumers feel strapped, some brands do well anyway

by Kristin Schwab May 27, 2022
Strong earnings from Nordstrom, Macy's and Dollar General suggest pent-up demand and a reframing of what people consider essential spending.

Why the U.K. is threatening to tear up part of its Brexit treaty with the European Union

by Stephen Beard May 27, 2022
The British move to change unilaterally part of its withdrawal deal with the EU could trigger a trade war with the bloc.

Music from the episode

Headlines (feat. Westside Gunn, Conway & Benny) DJ Premier, Westside Gunn, Conway the Machine, Benny The Butcher
Scenic Drive Poolside
4/17/1975 Rob Viktum
Tidal Waves The Shacks
Motherland Journey Blue Lab Beats, KillBeatz, Fela Kuti
I'm a Rock Jitwam

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