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First LookMexican goods flow into US markets, outpacing Chinese importsMexico is now the leading supplier of goods for the United States. This shift, a result of dialed-up Beijing-Washington tensions, sees the two neighboring North American countries strengthening trade.
First LookLawmakers prioritize housing as US rents, eviction rates soarA record number of Americans can鈥檛 pay rent. To prevent evictions, state lawmakers are addressing the issue from a wide variety of angles.
FocusA tale of two companies: Can Boeing, Cruise rebuild customer confidence?When companies make errors, patrons often forgive. When they lie, it鈥檚 hard to rebuild trust. This dynamic is now playing out with U.S. firms Boeing and Cruise at a time when public confidence in big businesses is low.
Job gains confirm a US economy exceeding expectationsThe latest economic numbers show an increasingly positive narrative: decelerating inflation, no recession in sight, and surprisingly strong job growth.
Crypto was started to address a collapse of trust. Can it be trusted?Cryptocurrency emerged to address fading trust in traditional institutions. But to fulfill its promise, it might need to learn old-school lessons.聽 聽
From Bubba Gump to bust? American shrimpers face extinction.American shrimp boats are being made obsolete by foreign shrimp farms with dubious practices. To survive, boat captains聽will need to change.聽
First LookSmall business owners downsize office space as workers stay remoteThe pandemic has had a transformative effect on businesses 鈥� and it鈥檚 here to stay. Small business owners are reassessing whether it鈥檚 worth it to pay for office space when co-working spaces or going remote altogether may be more efficient.
First LookU.S. consumer satisfaction is on the rise for first time in yearsHigher incomes and slower inflation may finally have American consumers excited about the economy 鈥� a shift that could bode well for President Biden鈥檚 reelection campaign.
When your job interviewer鈥檚 initials are AIAI is spreading into the hiring process despite public skepticism, raising questions like: Can machines judge human potential?
In charts: How women鈥檚 employment hit a record highThe percentage of working women in the United States hit a record high in 2023聽鈥� defying expectations of a slow post-pandemic recovery.
鈥楽oft landing鈥� for economy? Federal Reserve pivots on interest rates.The Federal Reserve kept its key interest rate unchanged for a third straight time. Stock prices soared and bond yields sank after the Fed鈥檚 policymakers signaled that they envision three interest rate cuts in 2024.
First LookWhy the Biden administration may stop the latest airline mergerAlaska Airlines has proposed to buy Hawaiian Airlines for $1 billion. The deal raises questions about antitrust regulations and whether there has been too much consolidation in the airline industry. The Biden administration is challenging another merger.
First LookSports Illustrated is latest media to feel the pull and sting of AIFuturism reported that Sports Illustrated used stories for product reviews that had authors it could not identify and found one author鈥檚 image on a website that sells AI-generated portraits. The magazine denies that some articles were AI-assisted.
A rough patch on the road to an electric car futureElectric vehicles have hit a much-publicized rough patch, as sales fail to match industry hopes. The challenge: enticing a new, more skeptical kind of buyer for green cars.聽
What turmoil over a CEO tells us about the future of AIThe company behind ChatGPT embodied a key question surrounding artificial intelligence: Will the profit motive face any constraints, for a technology that carries risks as well as benefits?
First LookMicrosoft hired the ex-CEO of OpenAI. Why his staff wants to join him.Microsoft tapped Sam Altman to head its AI research division, days after the ChatGPT creator was dismissed from the board of OpenAI. Mr. Altman鈥檚 firing has stirred controversy, as hundreds of OpenAI staff threaten to quit.
First LookStarbucks to face biggest strike on one of its busiest daysThe Workers United union says its expecting more than 5,000 Starbucks workers to take part in its one-day 鈥淩ed Cup Rebellion鈥� on Nov. 16. It鈥檚 the聽largest strike yet in the effort to unionize the company鈥檚 stores.
First LookInflation is falling for the first time in a year. Why now?Inflation didn鈥檛 rise from September to October, the first time that consumer prices haven鈥檛 moved from one month to another in over a year. A new report shows prices are down for just about everything 鈥� from gas to airfares to home appliances.聽
First LookAPEC draws Asia-Pacific trade leaders. Will matching outfits return?Leaders from the 21-member Asia-Pacific Economic Cooperation conference will meet in San Francisco this week. President Joe Biden and Chinese leader Xi Jinping will meet face-to-face against the backdrop of the frosty relationship between China and the U.S.
First LookOnce valued at $47 billion, WeWork seeks bankruptcy protectionIn a major fall for a firm once valued at close to $50 billion, WeWork is on the financial brink. The company said it entered a restructuring support agreement to reduce the company鈥檚 debt while evaluating WeWork鈥檚 commercial office lease portfolio.聽