We’re in the stubborn phase of inflation cooling
Jun 13, 2023

We’re in the stubborn phase of inflation cooling

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There’s still a ways to go before the Federal Reserve reaches its target of 2% inflation. Then, a look at the impact of New York City's minimum wage for app-based delivery drivers.

Segments From this episode

We're in the stubborn phase of inflation cooling

Jun 13, 2023
The latest data shows inflation is well below its peak of more than 9% a year ago. But there’s a ways to go before the Fed reaches its 2% target.
There’s still a ways to go before the Federal Reserve reaches its target of 2% inflation.
Michael M. Santiago/Getty Images

Why are used car prices still so high?

Jun 13, 2023
The microchip shortage of recent years put the brakes on the production of new cars. That's making for a low supply of used cars now.
While used car prices are down from their pandemic peak, they're still about 40% higher than before COVID, according to government data.
Mario Tama/Getty Images

NYC sets minimum wage for app-based delivery drivers

Jun 13, 2023
The workers currently earn $7 an hour on average. Starting in July, they'll make nearly $18 an hour before tips.
Starting in July, app delivery workers in New York City will make nearly $18 an hour before tips.
Spencer Platt/Getty Images

U.S. money supply is shrinking. Does that mean we’re all doomed?

Jun 13, 2023
Movements in money supply matter, but not as much as they used to.
The U.S. money supply is falling for the first time in the modern era.
Naser Jafari/Tasnim News/AFP via Getty Images

Inflation: Why is it so sticky in the UK?

Jun 13, 2023
A labor shortage and a relatively strong economy contribute to high prices. Some experts worry about inflationary expectations.
A food stall at an outdoor market in London. Food inflation recently hit a 45-year high in the U.K.
Susannah Ireland/AFP via Getty Images

An attractive landscape for “cowboy art” business

Jun 13, 2023
A century ago, the railroad industry helped create an American art movement. But who’s profiting today?
"Cowboys Roping the Bear," by Frank Tenney Johnson, sold for $921,000 in 2012. More than a century ago, railroads invested in art as part of their interest in transporting people westward.

Music from the episode

Don't Sweat the Technique Eric B. & Rakim
Go Gina SZA
Brea Oddisee
Drifting Poolside
So Far To Go J Dilla, Common, D'Angelo

The team

Nancy Farghalli Executive Producer
Maria Hollenhorst Producer II
Andie Corban Producer I
Sarah Leeson Producer I
Sean McHenry Director & Associate Producer II
Richard Cunningham Associate Producer I
Dylan Miettinen Associate Digital Producer