When Marie-Pier Tremblay moved from Quebec to Boston in 2012, working a job was not in the cards. There were legal hurdles to working in […]
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Inflated Car Repair Costs Leave Drivers Stranded
Single mothers make up a majority of the repair requests that come into Fix It Forward Auto Care. The nonprofit, started in 2015, provides free […]
Shelter and Gas Costs Heat Up February Inflation
Consumer prices in February pointed toward a stubbornly hot economy, with shelter and gasoline costs keeping temperatures rising above the Federal Reserve’s 2% inflation target. […]
Resilient Consumers Push Retail Sales Up 0.6% in February
Americans significantly increased their spending on cars, electronics, and dining out last month, showing resilience even as a clearer picture emerged of how much they […]
The Environmental Cost of Subscription Boxes
More Americans are turning to subscriptions to serve a variety of needs, from clothing to meals to cat litter. Subscription e-commerce sales totaled nearly $33.5 billion in 2022, a 15% increase over the previous year, according to Insider Intelligence, which predicted it would keep growing at a similar rate for the next two years. But subscription services, with the exception of meal kits, can have an environmental dark side: overconsumption and excessive returns.
Durable goods orders stifled as a result of aircraft sales decline
Growing issues with safety concerns deterred aircraft orders tremendously in January. The decline in durable goods orders can be attributed in part to this, said […]
U.S. Trade Deficit Widens With Surging Imports
The U.S. trade deficit jumped in January thanks in large part to increased imports as consumers continue to spend. The shortfall in January hit $67.4 […]
Americans’ Personal Income Rose Significantly in January
Americans’ income rose sharply in January, driven by social security and dividend payments, in the latest sign that American households remain financially healthy. The value […]
U.S. home prices continue to rise amid affordability crisis
Home prices rose to a record high in December, showing sustained demand even as higher interest rates make buying a home more expensive. At the […]
January Inflation Exceeds Expectations, Early Rate Cut Prospects Dim
Consumer prices surpassed economists’ expectations in January, winding down investors’ hopes of early rate cuts. The Consumer Price Index (CPI), which gauges the cost of […]