Bad housing news comes in threes
May 23, 2024

Bad housing news comes in threes

New and existing home sales are down, as is homebuilder confidence. Plus, how much money Olympic and Paralympic athletes need to get to Paris.

Segments From this episode

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

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

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

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

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

The team

Nancy Farghalli Executive Producer
Maria Hollenhorst Producer II
Andie Corban Producer I
Sarah Leeson Producer I
Sean McHenry Director & Associate Producer II
Sofia Terenzio Assistant Producer
Jordan Mangi Assistant Digital Producer