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Sofia Terenzio

Latest Stories (96)

My Economy

Violin maker crafts a strategy to deal with tariffs

by Sofia Terenzio
Nov 20, 2024
With import charges looming, Wesley Rule, owner of Knoxville Fine Violins, is considering alternatives to Chinese-made instruments.
Wesley Rule is a luthier, or stringed-instrument craftsman.
Courtesy Wesley Rule
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After Hurricane Helene washed away her tea business, she's calmly working to rebuild

by Amy Scott and Sofia Terenzio
Nov 13, 2024
"It is going to take funding, and it is going to take a lot of support," says Jessie Dean, owner of Asheville Tea Co. in North Carolina.
Jessie Dean (second from right), owner of Asheville Tea Co., works with chrysanthemums harvested after the storm.
Courtesy Jessie Dean
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Trump's Second Term

Energy barge businessman expects fewer mandates, fewer headwinds under new administration

by Kai Ryssdal and Sofia Terenzio
Nov 7, 2024
Austin Golding says the oil and gas industry should meet climate goals via competition and evolution rather than constraints on production and transport.
"We're looking for a world that is competitive and not mandated," says Austin Golding at Golding Barge Line in Mississippi.
Andrew Caballero-Reynolds/AFP via Getty Images
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Election 2024

Trump inherits a sturdy economy

by Kai Ryssdal and Sofia Terenzio
Nov 6, 2024
Higher tariffs and lower taxes are key to Trump's plan. The WSJ's Greg Ip weighs their potential effect on the economy Biden and the Fed built.
Greg Ip of The Wall Street Journal emphasizes that we can't predict what the economy will look like under a second Trump administration.
Bill Pugliano/Getty Images
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My Economy

Hurricane Helene ruined her business, but she finds hope in community and a PB&J

by Sofia Terenzio
Nov 1, 2024
Hannah Burnisky, owner of Cold Mountain Art Collective, talks about how the hurricane destroyed her business and how she plans to rebuild.
Hannah Burnisky stands in front of her business, Cold Mountain Art Collective, before the water receded.
Courtesy Hannah Burnisky
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My Economy

Three months into business, this arcade owner already has plans to open a second shop

by Sofia Terenzio
Oct 25, 2024
Le-An Than, co-owner of Crane Games in Aurora, Colorado, says business has been "thriving" since they opened in this summer.
Crane Games opened in the summer of 2024. All the claw machines had to be imported from abroad, says co-owner Le-An Than.
Courtesy Le-An Than
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Candy makers, spooked by cocoa prices, go gummy for Halloween

by Kristin Schwab and Sofia Terenzio
Oct 25, 2024
Candy companies are producing more gummy and chewy treats, saving money and appealing to the tastes of younger consumers.
Along with the high cost of cocoa, consumer preferences have spurred the shift to gummy and chewy candies, says Jaclyn Peiser of The Washington Post.
Brandon Bell/Getty Images
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Private equity is buying up businesses in the skilled trades

by Kai Ryssdal , Sean McHenry and Sofia Terenzio
Oct 24, 2024
Skilled trades businesses, like HVAC repair and plumbing companies, are seen as stable, future-proof business models. Private equity wants in.
Private equity firms will buy a few skilled-trade businesses, then combine them to make one much larger company. "The idea is you improve the margins and efficiencies," said Te-Ping Chen from the Wall Street Journal.
Craig Hudson/The Washington Post via Getty Images
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Adventures in Housing

Since the 1930s, mobile homes have served an essential role in America's housing stock

by Sofia Terenzio
Oct 18, 2024
They are an affordable housing option in a country where so few affordable housing options exist.
A mobile home park in Windsor, California.
George Rose/Getty Images
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My Economy

Albuquerque's hot-air balloon festival is the busiest time of year for these innkeepers

by Sofia Terenzio
Oct 14, 2024
"We tend to be full until we're well through the Balloon Fiesta," says Steve Hiatt, who with his wife, Kathy, owns Bottger Mansion.
"We have to determine what our rates for rooms for Balloon Fiesta are going to be a year in advance," says Kathy Hiatt, who owns the Bottger Mansion bed and breakfast, above, with her husband, Steve.
Courtesy Kathy and Steve Hiatt
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