Latest Stories
Latest Stories
Consumers don't expect their incomes to grow as fast as prices
May 13, 2024
Consumers forecast inflation at 3.3% this time next year and are less confident that their earnings will rise as much as they had expected.
Primary home stock gets a boost as demand for second homes drops
May 13, 2024
Softer demand for second homes has led to greater inventory in some markets, but overall, the climate is still competitive for buyers.
More companies are adopting policies to support employees recovering from addiction
May 13, 2024
Nearly 50 million people in the U.S. have a substance use disorder, and most are in the workforce. Could employers take a bigger role in recovery?
Fast-food chains may need to offer more value meals to lure customers
May 13, 2024
McDonalds, KFC and Pizza Hut have reported soft sales as customers reject inflated prices. That means franchises have to get creative.
The U.S. exports more petroleum than it imports. So why are we importing at all?
May 13, 2024
It's largely about the chemistry of the oil and the mechanics of the refineries. In many cases, importing foreign crude is cheaper.
Communities were sometimes winners in the Numbers gambling game
May 13, 2024
The illegal game has similarities with a state lottery. For many Black residents of Detroit, it represented an opportunity.
The days of free refills may be over
by
Janet Nguyen
May 13, 2024
McDonald’s announced that it would phase out its self-service machines by the end of 2032. More restaurants may follow suit.
For public good, not for profit.
From the 1920s to the 2020s, cash-strapped homebuyers turn to smaller homes
May 13, 2024
Home builders are making new homes smaller to keep prices down. In Southern California, where land is scarce and housing is expensive, buyers are turning to small pre-war homes or ADUs.
Buy now, pay later debt grows but is hidden from credit bureaus
May 13, 2024
Adobe Analytics projects that buy now, pay later loans could drive as much as $84 billion in spending in 2024. But the debt shoppers are racking up is basically hidden from credit bureaus, lenders and economists.
The number of publicly traded companies in the U.S. is in decline. Here's why that matters.
May 13, 2024
When fewer companies are public, it limits our understanding of what’s happening in the economy.