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“The granddaddy of all stock indices”

5/17/2024 • 30 min

The Dow Jones Industrial Average closed above 40,000 for the first time on Friday. As we say regularly on this show, the stock market is not the economy. But it can still be a good indicator of how some folks are feeling about the state of the economy. Also in this episode: Competition for small-business spending heats up, EV sales take a dip, and purchasing pow… Play episode

Walmart, Wayfair and . . . wool?
The inflation cooldown we’ve been waiting for?
Biden hits Chinese goods with new tariffs
Consumer sentiment slumps
Is the U.S. ready to be a chipmaking superpower?
Democracy is critical to prosperity, Treasury secretary says
Rents outpace wages in big cities across the U.S.
A little more time for Social Security and Medicare funds
Do you like your job?
Why government benefits are likely to stick around
Breaking Ground: Where are all the jobs?
Breaking Ground: The plants were there first
Breaking Ground: A visit to the “Silicon Desert”
Keep on truckin’
A looming deadline for student loan forgiveness
GDP grows more slowly than expected
Clock starts on TikTok ban
The business cycle is getting less cyclical
A new spin on the yard sale
It’s a good time to be an asset owner
Will AI be the dot-com bubble all over again?
Steel tariffs déjà vu
Slow and steady global growth
Playing an economic guessing game
The subminimum wage for tipped workers is on the table
The ECB could beat the Fed to rate cuts
Hear that? That’s the sound of millions of Americans dusting off their ACs.
Copper prices are climbing
Messaging matters
Cool your jets! Hold your horses! Slow your (manufacturing) roll!
The right to disconnect
A rough time for startups
“This is the time to be a saver”
Ultimately, the joke’s on Gmail rivals
“Hard to say” where interest rates will settle, Fed chair says
Feelings versus facts
Immigrants fill high-risk jobs that U.S.-born workers don’t
Baltimore bridge collapse a jolt to commerce
All in on clean energy
Bring on the drama, Jay Powell
Weekly jobless claims fall
The Fed’s evolving data diet
Food, glorious food!
Who pays real estate agents?
A labor market paradox
Spring is coming, and so are higher gas prices
Breaking Ground: Betting on mother nature
A higher-than-expected CPI
Not too hot, not too cold

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