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Latest Stories

Inflation is higher in New York and Hawaii than in Tampa and Denver. Why?

Nov 13, 2024
It mostly comes down to one thing: housing.
Housing prices are rising at different rates for people in different regions.
Allison Dinner/Getty Images

Wage growth continues to outpace inflation

Nov 13, 2024
Price growth has moderated. Wage growth hasn't, for the most part.
In October, average hourly earnings rose 4% from the year before. Which means Americans had over 1% more disposable income to spend.
Scott Olson/Getty Images

Why the U.S. once relied on tariffs to raise revenue — and what it would mean to go back

Nov 13, 2024
President-elect Donald Trump has suggested he would cut or even eliminate income taxes, ramping up the role tariffs play instead.
90% of the federal government’s revenue came from tariffs. From the country’s inception until the 1860s, said one trade historian.
Win McNamee/Getty Images

Deciphering the diamond and gem district

Even the pros have trouble with certain pieces of jewelry. But there's at least one reliable way to verify what you're buying.
Dave Bindra, of B&B Fine Gems, is our guide to the gemstones and jewelry.
David Brancaccio/Marketplace

Hertz earnings hit by wariness over EVs

Nov 12, 2024
Some car renters, used to gas vehicles, don’t know how to charge electric vehicles or how much they'll cost to rent.
Hertz's bet on electric vehicles hasn't paid off.
Rodin Eckenroth/Getty Images for Hertz

Neurodivergent actor juggles many roles, lives their passion

Nov 12, 2024
Eliana Marianes of Atlanta has 12 jobs, all related to acting. The creative life "brings out the best in me as a person and as an artist."
Eliana Marianes is an actor and artist based in Atlanta.
Courtesy Marianes

Why are Americans splurging on live music?

Nov 12, 2024
Concert promoter Live Nation told investors it had its most active summer season ever, with profits from its concert division up 39% year over year.
Live music is a bigger part of our lives, and Americans "are now in a different mindset of prioritizing our spending," says Serona Elton of the University of Miami. Above, Bad Bunny performs in Atlanta.
Paras Griffin/Getty Images

For public good, not for profit.

Billions are spent on housing after disasters. Why does recovery take so long?

Nov 12, 2024
Federal funding doesn't become available for rebuilding efforts until an average of two years after a storm, one study showed.
After a natural disaster, it can take years for states to receive HUD and FEMA rebuilding funds. Above, flooding in Houston, Texas after Hurricane Harvey in 2017.
Thomas Shea/AFP via Getty Images

If Home Depot is a bellwether, the economy's not too bad

Nov 12, 2024
The home improvement retailer's third-quarter sales came in higher than expected, but the company is seeing caution among consumers.
Home Depot's 12-foot skeletons for Halloween were popular this year, but consumers have been less eager to make purchases of items over $1,000 than in 2023.
Marvin Joseph/The Washington Post via Getty Images

A shift toward townhouses could address some of America's housing woes

Nov 12, 2024
Medium-density housing is cheaper than traditional homes and might be a better fit for today's American family, says columnist Heather Long.
High-rise apartment buildings are largely not being built in the U.S. Instead, townhouses, like the ones above, are having a moment.
Benjamin C Tankersley/The Washington Post via Getty Images