As prices rise, so too does our credit reliance

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