Jun 13, 2023

We’re in the stubborn phase of inflation cooling

Mandel Ngan/AFP via Getty Images

There’s still a ways to go before the Federal Reserve reaches its target of 2% inflation. Then, a look at the impact of New York City's minimum wage for app-based delivery drivers.

Segments From this episode

We're in the stubborn phase of inflation cooling

by Kristin Schwab

Jun 13, 2023

The latest data shows inflation is well below its peak of more than 9% a year ago. But there’s a ways to go before the Fed reaches its 2% target.

There’s still a ways to go before the Federal Reserve reaches its target of 2% inflation.

Michael M. Santiago/Getty Images

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Why are used car prices still so high?

by Stephanie Hughes

Jun 13, 2023

The microchip shortage of recent years put the brakes on the production of new cars. That's making for a low supply of used cars now.

While used car prices are down from their pandemic peak, they're still about 40% higher than before COVID, according to government data.

Mario Tama/Getty Images

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NYC sets minimum wage for app-based delivery drivers

by Samantha Fields

Jun 13, 2023

The workers currently earn $7 an hour on average. Starting in July, they'll make nearly $18 an hour before tips.

Starting in July, app delivery workers in New York City will make nearly $18 an hour before tips.

Spencer Platt/Getty Images

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U.S. money supply is shrinking. Does that mean we’re all doomed?

by Kai Ryssdal and Maria Hollenhorst

Jun 13, 2023

Movements in money supply matter, but not as much as they used to.

The U.S. money supply is falling for the first time in the modern era.

Naser Jafari/Tasnim News/AFP via Getty Images

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Inflation: Why is it so sticky in the UK?

by Stephen Beard

Jun 13, 2023

A labor shortage and a relatively strong economy contribute to high prices. Some experts worry about inflationary expectations.

A food stall at an outdoor market in London. Food inflation recently hit a 45-year high in the U.K.

Susannah Ireland/AFP via Getty Images

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An attractive landscape for “cowboy art” business

by Kai Ryssdal and Maria Hollenhorst

Jun 13, 2023

A century ago, the railroad industry helped create an American art movement. But who’s profiting today?

"Cowboys Roping the Bear," by Frank Tenney Johnson, sold for $921,000 in 2012. More than a century ago, railroads invested in art as part of their interest in transporting people westward.

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Music from the episode

Don't Sweat the Technique Eric B. & Rakim

Down For the Fifth Time Flamingosis

Go Gina SZA

Brea Oddisee

Drifting Poolside

So Far To Go J Dilla, Common, D'Angelo

The team

Nancy Farghalli Executive Producer

Maria Hollenhorst Producer II

Andie Corban Producer I

Sarah Leeson Producer I

Sean McHenry Director & Associate Producer II

Richard Cunningham Associate Producer I

Dylan Miettinen Associate Digital Producer

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