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Latest Stories

Latest Stories

U.S. money supply is shrinking. Does that mean we’re all doomed?

Jun 13, 2023
Movements in money supply matter, but not as much as they used to.
The U.S. money supply is falling for the first time in the modern era.
Naser Jafari/Tasnim News/AFP via Getty Images

An attractive landscape for “cowboy art” business

Jun 13, 2023
A century ago, the railroad industry helped create an American art movement. But who’s profiting today?
"Cowboys Roping the Bear," by Frank Tenney Johnson, sold for $921,000 in 2012. More than a century ago, railroads invested in art as part of their interest in transporting people westward.

Why is Reddit going dark?

Jun 13, 2023
More than 8,000 communities on Reddit are protesting API changes on the platform.
Reddit communities are going private to protest new fees from the website.

Philadelphia highway collapse will cost time and money

Jun 13, 2023
The race is now on to reconstruct the section of I-95 and minimize economic disruptions.
Firefighters work at a collapsed portion of Interstate 95, caused by a large vehicle fire, in Philadelphia, Pennsylvania, on June 11, 2023.
Kena Betancur/AFP via Getty Images

For asylum seekers, access to the U.S. hinges on a phone app that's challenging to use

Jun 13, 2023
Some migrants have spent months logging on everyday, scrambling for an appointment through the CBP One app.
Above, Immigrants seeking asylum in the U.S.-Mexico border on May 13. Each day, tens of thousands of migrants scramble to secure one of the 1,000 daily asylum appointments on the CBP One app.
Mario Tama/Getty Images
CEO and founder of the Disparity Trap board game, Christian Telesmar, explains what led him to create such a game and how business is going.
Christopher Furlong via Getty Images

This record store wants to prove that downtown Jackson, Mississippi, is a destination

Jun 12, 2023
"There's always something to do here," says Phillip Rollins, owner of the store OffBeat. "People just don't know how to find it."
Phillip Rollins' store, OffBeat, was part of 601JXN, an event that aimed to bring people downtown.
Courtesy Rollins

For public good, not for profit.

The Inflation Reduction Act will generate more than 1 million wind and solar jobs by 2035

Jun 12, 2023
How to staff up the slew of renewable energy projects ushered in under the legislation is a pressing question within the industry.
As renewable energy projects get underway, new jobs will be created in construction and especially in manufacturing. Above, wind turbine blades in New Mexico.
Patrick T. Fallon/AFP via Getty Images

Social Security has funding problems. How do we fix it before benefits are cut?

Jun 12, 2023
The trust fund supplementing income taxes could run dry within 10 years. Dennis Jansen of Texas A&M suggests reforms.
About 67 million Americans receive Social Security income.
Justin Sullivan/Getty Images

Should the Fed raise its 2% inflation target?

Jun 12, 2023
Some economists think the Fed should aim higher than that magical 2% rate.
Jerome Powell is expected to announce a pause on interest rate hikes this week as the Fed tries get inflation down to a target of 2%.
Win McNamee/Getty Images