Today, economist Mohamed El-Erian discusses where he thinks the central bank went wrong in addressing inflation and where it should go from here. Also, the EU takes aim at app stores.
Economist El-Erian calls on the Fed to start “owning their mistakes”
by Kai Ryssdal, Andie Corban and Maria Hollenhorst
Rob Kim/Getty Images
The prominent economist Mohamed El-Erian said the Fed is still “behind the curve” on inflation.
Consumers have kept the economy humming. How long can they keep it up?
by Sabri Ben-Achour
Justin Sullivan/Getty Images
Although they’re contending with inflation and economic uncertainty, they continue to rack up debt and burn through their savings.
The lessons of operating in-person
We check in with Annie Lang Hartman, owner of the stationery and gift company Wild Lettie in Leelenau County, Michigan, about how her holiday quarter is going.
Can the EU break Google and Apple’s app store dominance?
by Meghan McCarty Carino
Chris Delmas/AFP via Getty Images
The European Union’s Digital Markets Act could have implications beyond Europe’s borders — even in the U.S., where similar bills didn’t make it through Congress.
New rule for electric car tax incentive delayed
by Samantha Fields
Jeff Kowalsky/AFP via Getty Images
The rule requires a percentage of battery components to be sourced in the U.S. or countries that have free-trade agreements with the U.S.
What it means to buy a house on a block that loves Christmas
by Stephanie Hughes
Stephanie Hughes/Marketplace
Residents of 34th Street in Baltimore purchased not just a dwelling, but a whole new way of life during the month of December.