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Shell, Exxon and Chevron report their quarterly earnings this week, and are expected to announce high profits.
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Many countries talk about wanting to boost manufacturing. Decades ago, Brazil did it. They lured international businesses to build a whole bunch of factories in the middle of the Amazon. So, with hindsight, was the plan a success? Planet Money goes to the Amazon to find out.
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The 30-year fixed-rate mortgage reached 6.66% on average Thursday. -
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Solo living, solo travel, and solo dining are all being embraced as more adults are choosing to remain single. Many Americans aren't interested in dating, and being single is a symbol of autonomy. -
Men are more scarce in HEAL careers, short for health care, education, administration, and literacy, than women are in STEM. One psychologist is baffled about why there haven't been many efforts to address this gender gap. -
This comes a day after the Federal Reserve voted to keep interest rates steady, for now. But maybe not for long.
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The U.S. economy grew at an annual rate of 1.5% in the spring, according to the Commerce Department. That's a modest slowdown from the previous quarter — but consumer spending picked up steam. -
Housing has long been the largest source of wealth for middle income families. But many renters cannot afford to buy as housing prices soar, which could fuel a generational divide. -
In President Trump's first term, he negotiated the US-Mexico-Canada Agreement (USMCA). The decision by the White House to let it lapse now threatens the Texas economy.
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The Federal Reserve held its benchmark interest rate steady this week. But markets are acting as if higher interest rates are coming, as the central bank tries to curb stubborn inflation.
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The Federal Reserve met to set U.S. interest rates, but this time, investors are unsure what to expect with Kevin Warsh, the new Federal Reserve Chairman, at the helm.
