The urban-rural wage gap
Nov 30, 2023

The urban-rural wage gap

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It seems to be getting wider. Plus, new consumer expenditures data and a custom wedding stationery business.

Segments From this episode

What's new in the October PCE?

“Marketplace” host Kai Ryssdal talks with Wendy Edelberg, director of The Hamilton Project and a senior fellow at the Brookings Institution, about what today’s Personal Consumption Expenditure data signals about the economy.

OPEC+ members say they'll cut oil production. Global markets don't seem to believe them.

Nov 30, 2023
Production cuts may no longer be as effective at propping up prices because electric vehicles are cutting into global demand.
OPEC+ members are promising a pullback of as much as 2 million barrels a day, at least half of that from the Saudis.
Joe Klamar/AFP via Getty Images

The rural-urban income divide persists, and it may be widening

Nov 30, 2023
Cities are home to high-paid business services and rural areas have lost manufacturing, contributing to the 23% gap in earnings.
While the gap between the earnings of rural and urban workers is growing, inflation is a particular problem for rural residents. Above, a truck carries livestock feed near Wray, Colorado.
Spencer Platt/Getty Images

More older people are still paying off mortgages

Nov 30, 2023
New data from Harvard’s Joint Center for Housing Studies shows that a growing number of people in their 60s, 70s and 80s still have mortgage debt, and they’re carrying more of it than than previous generations did.
In 1989, just 3% of homeowners over 80 still had a mortgage. Now, nearly a third do.
Nes/Getty Images

Facing pushback and government scrutiny, ESG investing may be headed for change

Nov 30, 2023
Environmental, social and governance funds, once a bright light in investing, are confronting potential regulation and political heat.
Larry Fink, the CEO of giant asset manager BlackRock, has been an advocate of allowing environmental, social and governance values to influence investment choices.
Eugene Gologursky/Getty Images for IRC

From college friends to business partners, these stationers are celebrating 10 years in business together

Nov 30, 2023
Danielle McCarthy and Ellen Kelly run a luxury wedding stationery business in Newport, Rhode Island, where they specialize in letterpress printing.
Kelly and McCarthy met their freshman year of college at an art school in Beverly, Massachusetts. Now, they both live and run their stationery business in Newport, Rhode Island.
Erin McGinn Photography

Music from the episode

Don't Wanna Washed Out
History Repeats Brittany Howard
Brave New World The Foreign Exchange
Noche Juan Rios
Love Rollercoaster Ohio Players
All Day Knowmadic

The team

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