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Interest rate moves aren't the only tool in the Federal Reserve's kit

by Matt Levin
Jul 31, 2024
The Fed is slowing the pace of shrinking its bond holdings, aka quantitative tightening, perhaps before easing its interest rate stance.
The Fed adds to and reduces its holdings of debt securities to influence the economy, along with managing interest rates. Above, Fed chief Jerome Powell.
Andrew Harnik/Getty Images
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When it comes to office space, some firms find better is better — but bigger is not

by Stephanie Hughes
Jul 31, 2024
As workers settle into hybrid work routines, some employers are upgrading to nicer spaces with a smaller footprint.
Some employers are opting to trade in older, larger offices for smaller ones with more amenities, said commercial real estate broker Scott Wimbrow.
Andrew Caballero-Reynolds/Getty Images
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Temp worker employment is falling. What does that mean for the U.S. economy?

by Maria Hollenhorst
Jul 31, 2024
While decreasing numbers of temporary workers can be a leading recession indicator, economists say this time might be different.
According to the Bureau of Labor Statistics, about a quarter of temporary workers are employed in transportation and material moving occupations such as warehouse jobs.
Justin Sullivan/Getty Images
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The oil industry would like to know when global demand will peak. That's hard to predict.

by Henry Epp
Jul 31, 2024
An accurate estimate depends on a whole lot of variables.
Oil investors want to know when peak oil may arrive as more consumers are seeking fossil fuel alternatives.
Peter Macdiarmid/Getty Images
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The Mount Laurel Doctrine and the quest for affordable housing

by Amy Scott and Sofia Terenzio
Jul 31, 2024
Journalist Roshan Abraham tells the story of a New Jersey resident who fought City Hall to get 70,000 units eventually built.
Since 1980, 70,000 units of affordable housing have been built in New Jersey, thanks in part to Ethel Lawrence.
Alexi Rosenfeld/Getty Images
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How one startup is reinventing the restaurant

by Sabri Ben-Achour
Jul 31, 2024
The restaurant business has been struggling, but an innovative multicuisine operation called Wonder is capitalizing on efficiencies.
At Wonder, customers can get food from multiple restaurants in one order.
Sabri Ben-Achour/Marketplace
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Boeing's problems extend into orbit. Is space big business for them?

by Daniel Ackerman
Jul 31, 2024
Boeing has faced scrutiny for the safety of its 737 MAX planes, but problems with its Starliner crew module have also stranded astronauts at the ISS.
Above, Boeing's Starliner launches at Cape Canaveral Space Force Station on June 5. Issues with the Starliner have left NASA astronauts stuck on the International Space Station.
Gregg Newton/AFP via Getty Images
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Roblox grapples with how to keep kids safe from predators

by David Brancaccio and Erika Soderstrom
Jul 31, 2024
Roblox has some 78 million daily users, many of them pre-teens. Some users, however, are predators.
"Inside Roblox, you have 13 million different games that are developed and created by users of the platform," explained Bloomberg reporter Olivia Carville.
Lionel Bonaventure/AFP via Getty Images
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"Glengarry Glen Ross"

We asked for your work's "Always Be Closing" — here's what you said

by Ellen Rolfes
Jul 30, 2024
"Econ Extra Credit" readers told us about their own "Glengarry Glen Ross" experiences.
New Line Cinema/Screengrab via YouTube
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As home prices rise, more deals fall through

by Sabri Ben-Achour
Jul 30, 2024
With prices and mortgage rates high, people are "buying at the edge of what they can qualify for," a real estate economist says.
Rich home values and high mortgage rates heap pressure on prospective buyers in the current market.
Brandon Bell/Getty Images
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