Support the fact-based journalism you rely on with a donation to Marketplace today. Give Now!

Some small banks see upgrading consumer-facing tech as an imperative

Nov 15, 2024
Community banks, known for personal ties with borrowers and savers, seek upgrades to provide more services and improve customer experience.
Surveys show bank customers broadly frustrated with the customer experience. Many banks see technology as a means to expand services and improve convenience.
Getty Images

After Hurricane Helene washed away her tea business, she's calmly working to rebuild

Nov 13, 2024
"It is going to take funding, and it is going to take a lot of support," says Jessie Dean, owner of Asheville Tea Co. in North Carolina.
Jessie Dean (second from right), owner of Asheville Tea Co., works with chrysanthemums harvested after the storm.
Courtesy Jessie Dean

California is hoping its latest plastic bag ban will actually work

Nov 1, 2024
The old law had a loophole that resulted in a rise in plastic grocery bag waste. A new law aims to fix that.
California’s first single-use plastic bag ban resulted in stores switching to bags that were thick enough to reuse 125 times. A lot of recyclers can’t process those.
Patrick T. Fallon/AFP via Getty Images

Hello Kitty turns 50

Nov 1, 2024
Hello Kitty, the famous Japanese character, turns 50 today. She's earned billions for Sanrio, which created Hello Kitty and other cute characters. But it hasn't always been smooth sailing for the business.
The character is beloved by millions worldwide and has been the face of its parent company, Sanrio, for half a century.
John Keeble/Getty Images

WNBA players are ditching their contract. Here's what they want in a new one

Oct 30, 2024
After a historic 2024 season, players are after higher salaries, better family and retirement benefits and a larger cut of WNBA profits.
The WNBA's growing popularity is sparking new CBA negotiation discussions among players.
Angela Weiss/AFP via Getty Images

Private equity is buying up businesses in the skilled trades

Skilled trades businesses, like HVAC repair and plumbing companies, are seen as stable, future-proof business models. Private equity wants in.
Private equity firms will buy a few skilled-trade businesses, then combine them to make one much larger company. "The idea is you improve the margins and efficiencies," said Te-Ping Chen from the Wall Street Journal.
Craig Hudson/The Washington Post via Getty Images

The minimum wage for tipped workers is on the ballot in two states

Oct 21, 2024
In Massachusetts and Arizona, voters will decide if a lower official wage for tipped workers should be phased out or made permanent.
Many restaurant workers rely on tips to raise their pay to state or federal minimums.
Chandan Khanna/AFP via Getty Images

For public good, not for profit.

Behind Boeing's long decline: "Putting mediocre things together doesn't create a great thing."

Oct 15, 2024
Now, the company has to rebuild trust with workers as well as airline customers who have been canceling orders.
Boeing's downfall can be traced back to the McDonnell-Douglas merger.
Stephen Brashear/Getty Images

What can quarterly earnings tell us about the economy?

Oct 14, 2024
How individual companies are faring can help answer broader questions about things like inflation and consumer spending.
Big Banks are giving us a peek into corporate earnings.
Mandel Ngan/AFP via Getty Images

Corporate bonds have been having a banner year

Oct 9, 2024
As government bond yields have fallen, corporate bonds have attracted more investors. The cash may boost private-sector spending.
Corporate bonds are attracting more investor interest as yields on government debt slide.
Johannes Eisele/AFP via Getty Images