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That lurking recession never showed up
Jul 15, 2024

That lurking recession never showed up

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Sezeryadigar/Getty Images
Also: How a shipping hub handles quick turnarounds, another decline in China's GDP, and a DJ's analog life spinning vinyl records.

Segments From this episode

With a soft landing for the economy in sight, big banks are doing well

by Sabri Ben-Achour
Jul 15, 2024
A strong stock market and a vibrant economy that never fell into recession have boosted earnings at financial institutions.
Once investors accepted that a recession isn't on the horizon, big banks have thrived.
jetcityimage/iStock Editorial/Getty Images Plus
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Shoppers have been feeling pretty meh. But that could move the Fed to start cutting interest rates.

by Henry Epp
Jul 15, 2024
One wild card: back-to-school shopping.
Back-to-school shopping season has started really early this year.
Justin Sullivan/Getty Images
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Inside a UPS warehouse that prioritizes super-fast shipping

by Kristin Schwab
Jul 15, 2024
UPS' Velocity in Louisville, Kentucky, has more robots than workers.
At Velocity, robots are constantly moving through the facility, reprioritizing items that are trending.
Kristin Schwab/Marketplace
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China's consumers cautious about economy as top officials meet

by Jennifer Pak and Charles Zhang
Jul 15, 2024
Growth is being held back by weak domestic demand and a real estate crisis.
Customers are sparse at a newly opened coffee shop in central Shanghai.
Charles Zhang/Marketplace
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Teen summer employment is still booming

by Savannah Peters
Jul 16, 2024
In June, 37.4% of 16- to 19-year-olds were either working or looking for a job, according to the latest jobs report. That’s just shy of a 15-year high of 38% back in March. 
Teen workers’ pay is up 4% in 2024 over last year, compared to 1.5% for older workers, a Gusto survey showed.
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My Analog Life

Record scratch: A DJ remembers her analog days

by Maria Hollenhorst
Jul 15, 2024
DJ Asha recalls that at the beginning of her career, she lugged vinyl records across London.
Los Angeles-based DJ Asha uses a controller and laptop on Catalina Island, California, in June. "I'm really grateful for the technology because it's allowed us to do so much," she says.
Courtesy DJ Asha
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The team

Nancy Farghalli Executive Producer
Maria Hollenhorst Producer II
Andie Corban Producer I
Sarah Leeson Producer I
Sean McHenry Director & Associate Producer II
Sofia Terenzio Assistant Producer
Jordan Mangi Assistant Digital Producer

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