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Caleigh Wells

Latest Stories (81)

Composting bodies catches on as the eco-friendly alternative to burial and cremation

by Caleigh Wells
Aug 29, 2024
Body disposition can have a major environmental impact. That’s partly why 12 states and counting have legalized human composting in the past five years.
One disposition produces 200-300 pounds of soil, according to Earth Funeral CEO Tom Harries. But most families choose to keep a fraction of it.
Mat Hayward/Getty Images for Earth Funeral
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Job growth hasn't been as strong as we thought. But it's still growth.

by Caleigh Wells
Aug 21, 2024
The Bureau of Labor Statistics reduced its initial count of new jobs between March 2023 and March 2024 by more than 800,000.
U.S. job growth between early 2023 and early 2024 was almost 30% lower than originally reported.
Michael M. Santiago/Getty Images
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For most U.S. households, buying a home isn't within reach

by Caleigh Wells
Aug 20, 2024
The median home buyer's income is higher than the median U.S. household income. And the gap is growing.
Owning a home is increasingly reserved for wealthier Americans.
Patrick T. Fallon/AFP via Getty Images
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Urban condo owners are "counting pennies" as home insurance soars

by Caleigh Wells
Aug 16, 2024
Insurance rates nationwide have jumped more than 11% in 2023 and climbed nearly 20% since 2022, according to S&P Global Market Intelligence.
Diann Dumas is cutting whatever expenses she can to afford increased HOA fees since her condo complex saw a 475% insurance spike.
Caleigh Wells/Marketplace
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What can the Federal Reserve do about rising unemployment?

by Caleigh Wells
Aug 14, 2024
Many expect that the Fed will cut interest rates to stimulate the job market — but not everyone thinks that's a good idea.
If Federal Reserve Chair Jerome Powell, above, announces an interest rate cut in September, it could take awhile for that cut to stimulate the labor market.
Andrew Harnik/Getty Images
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Labor costs fell in July. That may be what the Fed's been looking for.

by Caleigh Wells
Aug 13, 2024
The decline helped bring the annual rate of inflation at the wholesale level down to 2.2%.
The decline in labor costs means a decline in jobs, or wages, or both. That's bad news for workers, but will it encourage the Federal Reserve to cut interest rates? Above, Fed Chair Jerome Powell.
Andrew Harnik/Getty Images
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On the train from LA to Portland, Amtrak's ride-or-dies make the case for passenger rail

by Caleigh Wells
Aug 12, 2024
The Northeast Corridor gets most of the love — and money — from Washington. But rail fans in the rest of the country love their lines, too.
Hour three of 30. Passengers admire the ocean view on the Amtrak train through coastal California while National Park Service volunteer Ed Leska explains what they're seeing.
Caleigh Wells/Marketplace
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A Warmer World

New organization to measure whether companies' carbon removal plans actually work

by Caleigh Wells
Aug 7, 2024
The Carbon Removal Standards Initiative just launched in the U.S. this week.
There currently isn’t a great way to prove whether a firm's carbon removal plans will actually work.
Brandon Bell/Getty Images
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In a weak jobs report, this sector did worse, fyi

by Caleigh Wells
Aug 2, 2024
The information sector lost 20,000 jobs in July. Its unemployment rate is sitting at an uncomfortable 5.6%.
Information sector fields like journalism are going through unstable times. Above, presidential candidate Donald Trump appeared at the National Association of Black Journalists convention this week.
Scott Olson/Getty Images
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Here's what California's offshore wind industry might look like

by Caleigh Wells
Aug 1, 2024
In a patch of calm water off the Port of Long Beach, 1,000-foot wind turbines would be assembled before they're towed out to sea.
At Pier Wind, completed turbines will wait in a wet storage area at the Port of Long Beach, shown in the rendering above.
Courtesy Port of Long Beach
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