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Your word of the day: “boomflation”

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Shoppers enter Lululemon, a clothing store to catch Black Friday deals.

TAMPA, FL - NOVEMBER 26: Shoppers enter Lululemon, a clothing store to catch Black Friday deals at International Plaza on November 26, 2021 in Tampa, Florida. More shoppers are expected to shop in than last year after the COVID-19 pandemic caused the quietest Black Friday in 20 years. (Photo by Octavio Jones/Getty Images) Octavio Jones/Getty Images

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Segments From this episode

Forget stagflation. Retail sales point to a "boomflation" economy.

by Lily Jamali Feb 16, 2022
The monthly gauge rose 3.8%, showing that Americans are eager to shop despite inflation. It could further push the Fed to hike rates.

Americans are buying a whole lot of furniture

by Matt Levin Feb 16, 2022
Home furnishing sales went up 7.2% month over month in January, but why are people buying so much furniture?

As U.S. and China bicker over flights, the market "is dead"

by Sabri Ben-Achour Feb 16, 2022
The two countries canceled 44 flights, tit-for-tat style, in January. But few people are flying between the U.S. and China anyway.

Iowa concert venue operator persisted through pandemic with help of SBA and other allies

by Kai Ryssdal and Richard Cunningham Feb 16, 2022
Tobi Parks' xBk was open only six months before the pandemic hit. A federal grant helped it weather COVID.

Workers are hanging up business casual for business comfort, Stitch Fix CEO says

by Kai Ryssdal and Daisy Palacios Feb 16, 2022
"We hear about two-thirds of our consumers saying they're ready to swap out clothes," Elizabeth Spaulding says.

More states are requiring high schoolers to complete financial aid application

by Stephanie Hughes Feb 16, 2022
Applications for federal aid for college have decreased, so schools and states are looking at ways to get more grants into students' hands.

Music from the episode

6000 Ft. Bonobo, Totally Enormous Extinct Dinosaurs
Pyramid Blue Richard Houghten
Shaka Bundu Penny Penny
Be Good 2 Me LUXXURY

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