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🧠The Weekly Scoop
Explaining every trend affecting your job, home, and investments
Augustus Christensen & Scoops Team
October 18, 2024
Hey Insider - if you’re in NYC this weekend and love art, make sure to stop by this Brooklyn art show to see works by one of the hottest up-and-coming artists in the city, Marissa Apstein. I’ll be there most of the weekend as her assistant slash husband.
Here’s what you need to know this week:
Catch up on the conversation:
There wasn’t much shocking news this week, but things keep racking up in the optimistic column. Wages are catching up to the cost of living. That’s helping to keep people spending, which is keeping businesses active. That’s helping keep layoffs low and giving workers more power to demand higher wages and better conditions. While stuff isn’t getting any cheaper, prices aren’t rising as much anymore. That’s giving policymakers the room to start making it cheaper to borrow. Third-quarter financial updates from the world’s biggest companies have been largely optimistic. Things are trending in the right direction, for the most part.
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