Sofia Lindqvist

About the author

Sofia covers business trends, money and the economy, with an eye on what changes mean for ordinary people.

Why AI Is Making Your Next Phone and Laptop Cost More: The Memory Chip Squeeze, Explained

AI data centers are swallowing the world’s memory chips, pushing up prices for phones, laptops and tablets. Here’s what’s going on and what it means for shoppers.

Holiday Shoppers Plan to Spend, but Half Expect to Borrow to Do It

A new ICSC survey finds most Americans plan to spend at least as much on the holidays as last year, but about half expect to borrow money to do it.

Service Businesses Kept Growing in September, but Prices Rose at the Fastest Pace Since 2022

The ISM Services PMI slipped to 54.9% in September, still solidly in growth territory, while its prices index hit 74%, the highest since July 2022.

The Job Market Barely Grew in September: 29,000 Jobs and 4.2% Unemployment

US employers added just 29,000 jobs in September, far below forecasts, and earlier months were revised down by 60,000. Here’s what the numbers say and why they matter for your wallet.

Forecasters See a Record Holiday Season, With Inflation Doing Some of the Lifting

Bain expects U.S. holiday retail sales to top $1 trillion for the first time, while Deloitte forecasts up to 4.8% growth. Here's what the numbers say about prices, online shopping and AI.

The Small Business Guide to AI Tools: Where to Start, What to Avoid

AI can save a small business hours every week – if you use it for the right jobs. Here’s a practical, no-hype guide to getting started.

Small Business Optimism Slipped in August, NFIB Survey Finds

The NFIB Small Business Optimism Index fell 1.1 points to 98.7 in August, still above its 52-year average, as owners reported weaker sales and lingering uncertainty.

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