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As prices rise, so too does our credit reliance

As prices rise, so too does our credit reliance

Marketplace vor 1 Monat

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25:49

Prices are rising faster than average wages in this economy, and
many Americans have turned to credit to keep up. They are paying
it off for now, but what happens if the Fed raises interest rates
later this month? Also in this episode: Artificial intelligence
appears to be the cause of some job cuts in the finance sector,
business owners along Spain’s Camino de Santiago report busier
foot traffic — for better and worse — and the Mexican government
rolls out a line of small electric cars.

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Read the stories in today’s episode:

Consumers turn to credit as prices rise

As finance and insurance lose jobs, AI gets most (but not
all) of the blame

This activewear brand says tariffs are still taking a toll

Mexico launches its own electric car to show it can do more
than build for other countries

A former firefighter reflects on life — and money — as a
stay-at-home dad

How a 1,200-year-old pilgrimage is reshaping local economies
in Spain