On paper, a strong U.S. dollar sounds great. It makes vacations cheaper for Americans, for example, and who doesn’t like that? But the strong greenback can also be a major headwind for financial markets and international trade, weighing on the global economy. Here’s what’s going on. Bills, bills, bills Inflation is hitting manufacturers around the…Read more
Urban Exodus Rising housing costs and flexible work arrangements catalyzed a nationwide exodus from city centers during the pandemic. But while Americans aren’t living in cities like they used to, many still work in them, necessitating longer commutes at least on some days of the week. Travel Transition It’s simple: If you live further from…Read more
New technologies like artificial intelligence and electric vehicles are already leading to higher demand for electricity, weighing on America’s stretched power grid. Now the White House is taking steps to increase power line capacity and bring the grid into the 21st century. Energy Overhaul In October, the U.S. Department of Energy launched a near $3.5…Read more
