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Why are Americans splurging on live music?

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

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

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

by Amy Scott and Sarah Leeson
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
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Trump's election win is making the dollar stronger

by Mitchell Hartman
Nov 12, 2024
It started picking up strength as soon as betting markets indicated he was winning.
The dollar started rising most recently in late September, around the same time betting markets started to anticipate a Trump victory.
chekat/Getty Images
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Tricks of the Trade

The do's and don'ts of the Downtown Los Angeles Flower Market

by David Brancaccio and Alex Schroeder
Nov 12, 2024
For florists and other small businesses shopping a wholesale flower market, building relationships among vendors is key.
Poppy Askew's flower market faux pas: When you pull flowers out of a bucket for inspection, don't let them drip on all the others.
David Brancaccio/Marketplace
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A Warmer World

Hot real estate these days is also climate resilient

by Samantha Fields
Nov 12, 2024
A new report from Zillow shows that nearly all buyers want these features, and home listings are increasingly touting them.
The share of listings that advertise climate-resilient features — like flood barriers, for example — is up about 20% over last year.
Brandon Bell/Getty Images
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What the crypto industry wants from the next government

by Stephanie Hughes
Nov 11, 2024
Bitcoin hit a record high Monday, with investors expecting the next administration to be more crypto-friendly.
The value of bitcoin has surged since Donald Trump won the 2024 presidential election.
Chris McGrath/Getty Images
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Are the Fed's efforts to lower inflation stalling?

by Kristin Schwab
Nov 11, 2024
Economists predict inflation will stay at the same level as the last few months, just above the Federal Reserve's 2% target. Does it matter?
Chair Jay Powell "left the door open" on whether the Federal Reserve will cut rates again at its next meeting, says former Fed official Bill English.
Kent Nishimura/Getty Images
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Why beef prices have been rising this fall

by Justin Ho
Nov 11, 2024
Drought conditions in parts of the South and Midwest have caused ranchers to shrink cattle herds. That's one factor pushing cattle prices higher recently.
Dry conditions mean less hay or grass for cattle to graze on, tightening overall supply of domestic cattle.
Brandon Bell/Getty Images
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