Sandy Guatibonza
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La Esquina TX via AP
From inflation, to credit card debt, to who's actually doing the spending: These are key takeaways from this week in economic news.
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The California Supreme Court ruled that cities can’t make taxpayers complete extra procedures, handing Marathon Petroleum a win in its tax battle with Carson. -
Consumer prices in July were up 3.4% from a year ago — a smaller annual increase than in May or June. The news makes it less likely the Fed will feel the need to raise interest rates in September. -
Experts say AI can get personal finance fundamentals right but may struggle with nuanced questions. -
Shoppers' changing habits are fueling a major shift in what types of businesses are occupying storefronts. -
The California Gig Workers Union would give drivers a seat at the table when negotiating pay and benefits. -
The state ordered every city and county to plan for 2.5 million new homes by 2030. With the exception of just five jurisdictions, no one is on track to hit their numbers. -
The city is seeking public input on the draft Community Plan for the Mid-City area, which includes City Heights, Eastern Area, Kensington-Talmadge and Normal Heights. -
From Nobel Prize-winning research to the Laffer Curve, Scabby the Rat, Veblen's peacock, and more — the economic ideas and inside jokes hiding throughout Planet Money's new board game. -
Popular clothing retailers are offering in-store repairs and hosting sewing workshops as they try to appeal to young consumers looking to save money and the planet. -
If spending — or not spending — money makes you feel shame or regret, you might be grappling with financial guilt. Financial planner Lauryn Williams breaks down three types and how to deal.
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