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Recession

When a wedding, student loan payments and economic anxiety mean it's time for a second job

by Andie Corban
May 31, 2023
"I wanted to have something that I could easily add on to my current workload," says chemist April Oliver of Bozeman, Montana.
In addition to her full-time job, April Oliver is working as an adjunct faculty member at a nearby university leading chemistry labs.
Thibault Savary/AFP via Getty Images
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How companies commodify your recycled waste

by Kai Ryssdal and Maria Hollenhorst
May 3, 2023
We tour a materials recovery facility in California, where the stuff consumers toss into recycling bins is sorted.
Athens Services, a Southern California waste collection an recycling company, is just one part of a global system that recycles waste into new packaging and products.
Antoinette Brock/Marketplace
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Fed raises key interest rate but hints it may pause amid bank turmoil

by Associated Press
May 3, 2023
The Fed’s rate increases over the past 14 months, aimed at quelling inflation, have elevated the cost of loans and heightened the risk of a recession.
The Federal Reserve signaled that it may pause its series of rate hikes, which have made borrowing more expensive in a bid to quell inflation. Above, Fed Chair Jerome Powell in March.
Alex Wong/Getty Images
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Why are Ikea and Costco expanding as other retailers close stores and lay off staff?

by Kristin Schwab
Apr 21, 2023
Opening new stores may be a way for some retailers to position themselves for both a downturn and a recovery.
Someone who once shopped at Crate & Barrel may now feel more comfortable on an Ikea budget, which could partially explain the retailer's expansion plan.
Spencer Platt/Getty Images
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My Economy

The way of water: Running a business on the banks of the Wisconsin River

by Nicholas Guiang
Apr 17, 2023
As seasonal businesses focus on inflation and new hires for the summer, the shadow of a possible recession looms in the background.
"In general, people will continue to recreate even during a recession," said Scott Teuber of Wisconsin River Outings.
courtesy Scott Teuber
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Dour consumers have cut their spending. Could that help trigger a recession?

by Mitchell Hartman
Apr 14, 2023
Consumer sentiment's been up and down lately.
There definitely has been a decline in spending on goods like furniture and electronics, says Bill Adams of Comerica Bank.
Brandon Bell/Getty Images
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Will there be a recession, and if so, when? It depends on which economist you ask.

by Kimberly Adams
Feb 27, 2023
The latest outlook from the National Association for Business Economics offers mixed forecasts.
Unsure about the future of the economy? You're not alone.
Johannes Eisele/AFP via Getty Images
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For those who sell, predicting the economy is more than theoretical

by Sabri Ben-Achour
Feb 21, 2023
Manufacturers and retailers have to decide what to make or stock now based on where they think the economy will be later.
Retailers will often mark down prices to move inventory. But suppliers will sometimes share in the loss by giving retailers a credit.
Carlos Jasso/AFP via Getty Images
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What recession fears? Consumers shopped up a storm in January

by Mitchell Hartman
Feb 15, 2023
We spent despite being whipsawed by economic news. Raises and slowing inflation helped.
Because of a surplus of inventory, consumers can continue to expect markdowns from retailers.
Frederic J. Brown/AFP via Getty Images
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Europe could dodge a predicted recession, thanks largely to energy policy

by Mitchell Hartman
Feb 13, 2023
Households and businesses cut consumption by 20%. A mild winter also helped. Conservation efforts and a warm winter helped.
The European economy still faces risks from Russia’s war in Ukraine, but somewhat less than a year ago when the war began, says Cornell economist Eswar Prasad.
Aris Oikonomou/AFP-Getty Images
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