As the U.S. job market continues to improve, there are hints that wages are finally picking up. Renee Montagne talks to David Wessel, director of the Hutchins Center at the Brookings Institution.
2016 is the year of the SUV and pickup truck. Each month the car sales share of the market slips a bit. Lower gas prices and changing consumer tastes are making the sedan an endangered species.
The plunging price of crude oil is good for motorists but bad for those in the industry. And nowhere is that pain more acute than in West Texas, where many are hunkered down with an eye on the future.
Prospects in the industry are dim, and even the billionaire investor, who made his fortune in oil, has turned to alternative energies. Still, the self-described "realist" says they aren't the answer.