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Hybrid Work Has Actually Made Commutes Longer

Hybrid Work Has Actually Made Commutes Longer

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

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Hybrid Work Has Actually Made Commutes Longer

AI and EVs Are Forcing the U.S. Update Its Power Grid

AI and EVs Are Forcing the U.S. Update Its Power Grid

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

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AI and EVs Are Forcing the U.S. Update Its Power Grid

High Interest Income Is Boosting Spending. Can It Last?

High Interest Income Is Boosting Spending. Can It Last?

The economy may be slowing, but investors’ returns aren’t.  Interest rates are high, and in the first quarter of 2024 alone, Americans earned roughly $3.7 trillion in interest and dividend income at a seasonally adjusted annual rate, according to Commerce Department data reviewed by the Wall Street Journal. The Federal Reserve began raising rates more…Read more

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High Interest Income Is Boosting Spending. Can It Last?
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