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News
Inflation dipped slightly in July, but remains above Fed's target
1+ day, 15+ hour ago (110+ words) A look at new inflation data, a narrowing K-shaped economy, and the rest of the week’s economic news. This week’s inflation data all but guaranteed the Fed won’t be raising rates at their next meeting. Inflation dipped slightly in July…...
Sellers leave Etsy as AI slop takes over
1+ day, 15+ hour ago (131+ words) Ej Dickson, senior culture writer at Wired, gives us a look into why sellers are leaving Etsy, which has been inundated with mass-produced and AI-generated products. Etsy became a household name as a platform for sellers to market their handmade…...
Fewer Canadian shoppers leave border businesses struggling
1+ day, 15+ hour ago (1146+ words) Border businesses in Minnesota and North Dakota say fewer Canadian visitors are cutting into sales, forcing some to reduce hours, staff and spending. This story was first published on MPR News. Deb Weigel is 71 years old, and she said lately,…...
The incredible staying power of Candy Crush Saga
1+ day, 15+ hour ago (234+ words) Alanna Okun, a writer and game designer, said the game has become a stand-in for a “thing people do when they are messing around on their phones.” Although more than 80% of mobile games fold within three years of release, Candy…...
Retail sales dropped sharply in July as consumers tighten spending
1+ day, 16+ hour ago (450+ words) Retail sales fell 0.6% in July, a bigger drop than expected and a sharp reversal from June's modest uptick. A funny thing happened on the way to the store in July. American consumers spent less — quite a bit less — making for…...
Climate change is causing trouble for Italy’s cheese banks
1+ day, 22+ hour ago (479+ words) Credito Emiliano accepts wheels of Parmigiano Reggiano as collateral. A warming climate is putting that unusual system to the test. Marketplace’s Nova Safo spoke with Catherina Gioino, news editor at Fortune, who recently wrote about this unusual system. The following…...
Roughly 200 people in Nebraska lost Medicaid on Aug. 1
2+ day, 1+ hour ago (391+ words) It’s the first wave of terminations under new federal work requirements. And it may portend what’s to come for the rest of the country. Americans have officially started to lose their Medicaid coverage as new so-called “work requirements” kick in…...
States rush to police AI deepfakes ahead of midterm elections
2+ day, 3+ hour ago (187+ words) Plus, Claude-generated text will be watermarked, and federal regulators order Kalshi to continue to operate in NY state. Maria Curi, tech policy reporter at Axios, joins Marketplace’s Meghan McCarty Carino on this week’s “Tech Bytes: Week in Review.” Anthropic announced…...
How one restaurant is navigating Puerto Rico’s water crisis
2+ day, 15+ hour ago (770+ words) Amid severe drought and water rationing, a restaurant tries to make do. Puerto Rico is in the middle of a severe drought, which has led the government to begin officially rationing water. July was the driest in the Island’s history,…...
Inflation cools for producers in July
2+ day, 15+ hour ago (303+ words) Energy prices remain elevated, which affects costs of transportation, materials, and power. Another inflation marker came out on Thursday: the produce price index, which showed inflation was a bit cooler in July. Headline inflation is at 4.7% year-over-year, and core inflation…...