Also on today’s program: where wage gains are outpacing rent increases and why cryptocurrencies sometimes mirror the stock market.
“So much is good about the recovery,” said Wendy Edelberg of the Brookings Institution. Yet “we’re still in the midst of chaos.”
And new data shows that buying a place is more affordable than renting in some areas.
On Wednesday, the Nasdaq lost more than 3%. The S&P 500 sank nearly 2%. Cryptocurrencies fell, too. Is that all related?
Several indicators suggest that the economy is humming along. But recent surveys show, a growing number of people feel exactly the opposite.
The Sundance Film Festival, for example, just canceled in-person events two weeks before they were set to begin.
Power lines and equipment have sparked devastating blazes. Now companies are asked to take stock of their aging infrastructure.