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Latest Stories

Latest Stories

The cost of congestion pricing

Jun 6, 2024
New York's governor pulled the plug on the congestion pricing plan for NYC. But congestion can cost more than the $15-per-driver planned charge.
In London, Stockholm and Singapore, congestion pricing led to eased gridlock and a drop in climate-warming emissions.
Spencer Platt/Getty Images

How did the closely watched jobs report get its start?

Jun 6, 2024
The survey of employers was created to help answer puzzling questions about labor.
It wasn't until the recession of 1913-1914 that the Bureau of Labor Statistics began regular surveys of employers.
Joe Raedle/Getty Images

The European Central Bank cut interest rates. What does that mean for the Fed?

Jun 6, 2024
When the Fed meets next week, they will be more focused on what's happening here in the United States.
Saul Loeb/AFP via Getty Images

In far west Texas, a disappearing river poses a challenge to tourism 

Jun 6, 2024
The Rio Grande has gone dry in the Big Bend region, forcing the industry to adapt — less boating and more hiking and biking.
An area of dry Rio Grande riverbed. Because the Rio Grande is a binational river, it is managed jointly by Mexico and the U.S.
Zoe Kurland/Marfa Public Radio

American capitalism isn't working for everyone

Jun 6, 2024
In his latest book, investor Ruchir Sharma takes a hard look at who's getting left out of the American dream and why.
A lock seen on a gate outside of the U.S. Department of Treasury Building following the bailout of Silicon Valley Bank in 2023.
Chip Somodevilla/Getty Images

St. Louis is in a real estate "death spiral." Can it get out?

As St. Louis residents highlighted safety concerns, many moved out of downtown areas. Then the restaurants and retailers did too.
A view of buildings in downtown St. Louis.
peeterv/Getty Images

Share your wedding spending regrets! 

Jun 6, 2024
Did you buy an expensive, unattractive bridesmaid dress or splurge on catering that gave your guests food poisoning? We want to hear about it.
mofles/Getty Images

For public good, not for profit.

Why Donald Trump can still run his media group

We parse the law when it comes to felons and publicly traded companies.
As a convicted felon, Donald Trump could become U.S. president again, but not a cosmetologist in the state of New York.
Charly Triballeau/Pool/AFP via Getty Images

Will the May jobs report show more of a slowdown in wage growth?

Jun 6, 2024
Wages were running hot two years ago, rising about 6% annually. Things have cooled since then, with April average wages up just under 4%.
Economists expect continued moderation in wages.
Kameleon007/Getty Images

How equitable are 401(k) plans?

Jun 6, 2024
A new Vanguard study says 401(k)s aren’t enough for many people to retire, and that the top 20% of earners get 44% of employer contributions.
White employees and those with well-off parents reap the biggest benefits of 401(k)s, said MIT finance professor Taha Choukhmane.
DNY59/Getty Images