Latest Stories

Latest Stories

Will the Justice Department break up Google?

Aug 15, 2024
A court ruled on Aug. 5 that the company has a monopoly in online search. A break up could be one of several ways forward, though it’s a pretty uncommon one.
Google is often the default search engine on many smartphones, making it harder for smaller search engines to compete.
Josh Edelson/AFP via Getty Images

Conglomerates are breaking up and sharpening focus. Candymaker Mars is bucking the trend.

Aug 15, 2024
As a private company, it's immune to shareholder revolts.
Mars, the family-owned conglomerate behind Skittles, also has hand in pet care and pet food sales.
Mario Tama/Getty Images

The Federal Reserve controls one interest rate. How does that affect all the others?

Aug 14, 2024
Generally, rates move in concert. But industries have their own criteria for lending and make changes at their own pace.
Andrew Harnik/Getty Images

The snack-ification of Americans’ diets isn’t going anywhere

Aug 14, 2024
Candy giant Mars, maker of M&M's, will acquire Cheez-It parent Kellanova, signaling that these brands are still betting on snacks.
Mars will purchase Kellanova, the maker of popular snack brands including Cheez-It and Eggo, for about $36 billion.
Mario Tama/Getty Images

Housing a big driver of inflation in the July CPI, but there's a lag

Aug 14, 2024
The data shows rising shelter costs, but industry experts say current market conditions tell a different story.
Overall inflation continues to ease. Housing costs complicate the picture, though.
Mario Tama/Getty Images

What can the Federal Reserve do about rising unemployment?

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

Can food tourism help China's cash-strapped cities?

Aug 14, 2024
Last spring, the industrial town Zibo became a tourist hot spot because of its unique barbecue. Is that a recipe for healthy budgets?
The city of Zibo became a hot spot for tourists seeking out authentic barbecue.
Charles Zhang/Marketplace

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Increasing use of AI in job resumes is a mixed blessing

Aug 14, 2024
Jobseekers find it easier to write resumes to multiple employers with AI, but those hiring have more applications to sort through.
The share of jobseekers using generative AI increased to more than 50% in 2024, according to Julia Pollak at ZipRecruiter.
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Small businesses are just as grumpy about the economy as consumers

Aug 13, 2024
Optimism has increased, but it's still below a 50-year average, a National Federation of Independent Business survey shows.
For a lot of business owners, this high inflation is stressful to navigate, says Holly Wade of the NFIB.
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Home Depot CEO cites "macroeconomic uncertainty" in earnings report

Aug 13, 2024
The company says customers are deferring big renovation projects because of high interest rates and economic worries.
When consumers spend less because they’re concerned the economy might not do so well, that can cause the economy to not do so well.
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