Economy

Wage growth for the last several months continued to exceed inflation, though there are some signs of cooling.

Some businesses are trying out software with AI capabilities.

A shortage of skilled labor, high labor costs, and uncertainty about the effect of tariffs on lumber prices weigh on some homebuilders.

That drop in payments has a ripple effect through the health care system. It’s particularly hard on small, rural practices, some doctors say.

Ford is cutting 4,000 jobs in its European workforce, noting that the industry shift to electric vehicles has been “highly disruptive.”

With import charges looming, Wesley Rule, owner of Knoxville Fine Violins, is considering alternatives to Chinese-made instruments.

From 2019 to 2022, total U.S. household wealth grew 25%., but there’s lots of evidence that Americans are disenchanted with this economy.

Income has grown an average of 6.2% annually while debts have increased 4%.

It mostly comes down to one thing: housing.

Some car renters, used to gas vehicles, don’t know how to charge electric vehicles or how much they’ll cost to rent.