Segments From This Episode

• Continuing unemployment claims hit highest level in more than 2 years

  by Daniel Ackerman

  

  It may be another data point that helps convince the Fed to start cutting interest rates.

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• Inflation’s way down, but consumers still flinch at high prices, Fed observes

  by Elizabeth Trovall

  

  Price-sensitive shoppers are buying fewer or lower-quality items and retailers are offering discounts, according to the Beige Book.

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• Retirement communities are creating a “steady stream” of spending for local economies

  by Kimberly Adams and Sarah Leeson

  

  At Sun City Texas, where the median age is 73, seniors are kicking up their heels and patronizing a variety of nearby businesses.

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• A perfect storm sends shipping rates surging

  by Sabri Ben-Achour

  

  Storms, both real and predicted, along with war, drought and retailers planning ahead have raised the cost of sending goods around the world.

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• Authors are already squeezed financially. Will AI make it worse?

  by Kimberly Adams and Sofia Terenzio

  

  Many writers see AI as a threat, says Rebecca Ackermann. Outcomes are uncertain, but there’s widespread worry about being replaced as creators.

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