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Economy

The EV market has growing pains, here and abroad

by Stephanie Hughes
Nov 21, 2024
Ford is cutting 4,000 jobs in its European workforce, noting that the industry shift to electric vehicles has been “highly disruptive.”
"We need to have lower-cost vehicles" in the EV market, says Tallis Blalack, an electrified roadways consultant.
Scott Olson/Getty Images
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My Economy

Violin maker crafts a strategy to deal with tariffs

by Sofia Terenzio
Nov 20, 2024
With import charges looming, Wesley Rule, owner of Knoxville Fine Violins, is considering alternatives to Chinese-made instruments.
Wesley Rule is a luthier, or stringed-instrument craftsman.
Courtesy Wesley Rule
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How economic inequality has and hasn't changed since the pandemic

by Matt Levin
Nov 18, 2024
From 2019 to 2022, total U.S. household wealth grew 25%., but there's lots of evidence that Americans are disenchanted with this economy.
Post-pandemic wealth inequality hasn't been what Wall Street expected.
Spencer Platt/Getty Images
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Household debt is up, but Americans are in a better spot to pay it

by Elizabeth Trovall
Nov 13, 2024
Income has grown an average of 6.2% annually while debts have increased 4%.
Americans have more household debt, but more extra money to pay it.
Mario Tama/Getty Images
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Inflation is higher in New York and Hawaii than in Tampa and Denver. Why?

by Samantha Fields
Nov 13, 2024
It mostly comes down to one thing: housing.
Housing prices are rising at different rates for people in different regions.
Allison Dinner/Getty Images
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Hertz earnings hit by wariness over EVs

by Sabri Ben-Achour
Nov 12, 2024
Some car renters, used to gas vehicles, don’t know how to charge electric vehicles or how much they'll cost to rent.
Hertz's bet on electric vehicles hasn't paid off.
Rodin Eckenroth/Getty Images for Hertz
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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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Despite looming tariffs and "the worst harvest I've ever had," Iowa farmer remains optimistic

by Kai Ryssdal and Andie Corban
Nov 8, 2024
Corn and soybean farmer April Hemmes is preparing for new tariffs from a second Trump administration.
April Hemmes says farmers like her are "running scared" because over half of their soybeans are exported to China.
Ben Hethcoat/Marketplace
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"Make Me Smart” Newsletter

The Trump 2.0 economy

by Ellen Rolfes
Nov 8, 2024
In this week's "Make Me Smart" newsletter, we explore how President-elect Donald Trump's campaign promises could shape the U.S. economy over the next four years.
Iskandar Zulkarnaen / Getty Images
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Trump's Second Term

U.S. importers seek to load up ahead of tariffs

by Kristin Schwab
Nov 7, 2024
It’s unclear when or if tariffs are coming, but some businesses are increasing their overseas orders ahead of Trump's inauguration.
If President-elect Donald Trump keeps his campaign promise on tariffs, businesses would have to pay higher taxes and would likely pass those costs down to consumers.
Justin Sullivan/Getty Images
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