Segments From this episode
The monthly gauge rose 3.8%, showing that Americans are eager to shop despite inflation. It could further push the Fed to hike rates.
Home furnishing sales went up 7.2% month over month in January, but why are people buying so much furniture?
The two countries canceled 44 flights, tit-for-tat style, in January. But few people are flying between the U.S. and China anyway.
Tobi Parks' xBk was open only six months before the pandemic hit. A federal grant helped it weather COVID.
"We hear about two-thirds of our consumers saying they're ready to swap out clothes," Elizabeth Spaulding says.
Applications for federal aid for college have decreased, so schools and states are looking at ways to get more grants into students' hands.