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Latest Stories

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.
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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.
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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.
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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

Does Texas need its own stock exchange?

Jun 5, 2024
It’s not so much about Texas, but getting away from the growing list of NYSE and Nasdaq rules imposed in recent years, one expert says.
The planned Texas Stock Exchange is backed by heavy-hitter investors including BlackRock and Citadel Securities.
Angela Weiss/AFP via Getty Images

What does the Phillips curve tell us about the economy?

Jun 5, 2024
The Phillips Curve says that low unemployment is linked to high inflation. But history shows that the economy doesn't always work that way.
Economist A.W. Phillips came up with what’s known as “the Phillips curve” in 1958. It says that low unemployment is linked to high inflation.
Orbon Alija via Getty Images

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How the paper "wealth effect" influences real-life spending

Jun 5, 2024
Consumers enjoying a buoyant stock market and high house prices may feel inclined to spend more, but how much more is uncertain.
Paper wealth pumps you up, according to the wealth effect. If you feel good financially, you'll spend more, regardless of how much actual money you have.
Michael M. Santiago/Getty Images

Coworking spaces are trying to put a new lease on the WeWork business model

Jun 5, 2024
A former church. A motorcycle repair garage. Some coworking space companies are eschewing the WeWork business model and are opting for a more local approach.
Forming positive connections with coworkers is important, but can be much harder to do in the era of remote work.
Sean Gallup/Getty Images

Nanobubbles help this lakeside cope with toxic algae — and the changing climate

Jun 5, 2024
As climate change warms water, algae is killing fish and plants in U.S. lakes, including California's Lake Elsinore. New tech could save them.
After a new investment and a wet winter, Lake Elsinore is the bluest and cleanest it’s been in years.
Caleigh Wells/Marketplace