Around this time of year, companies begin hiring seasonal workers. Yet some large companies are planning on fewer hires. Despite a tight labor market, companies are uncertain whether consumer spending will remain strong through the holidays and are anxious about a recession. Plus, the Bank of Japan tries to prop …
Executives from the nation's largest banks are testifying before the Senate. We look at how the state of the housing market affects the home-flipping industry. The BBC checks out the effects of China's zero-COVID approach on its economy.
We check in on the Federal Reserve following the interest rate rise. Melinda Gates tells us the world needs to check itself when it comes to some big goals.
From the BBC World Service: The Japanese government is snapping up its own currency for the first time in decades in a bid to stop the yen tumbling past 24-year lows. Elsewhere in Japan, Honda says it will continue to restrict production into a second month in October as it …
When Hurricane Fiona recently hit Puerto Rico, the storm brought wind, water and major flooding to the island. Local authorities are still assessing the damage, but so far we know that some people died, others lost their homes and just about everyone lost electricity. Unfortunately, we've been here before. After …
The Federal Reserve continued its interest-rate-raising spree today to help curb inflation. The other thing the Fed has been working on is unwinding its "quantitative easing" program. One listener wants to know how that works. We'll explain. Plus, why can members of Congress buy and sell stocks so freely? Isn't …
That is how Federal Reserve Chair Jerome Powell characterized price stability while discussing the central bank's interest rate hike Wednesday. The move pushes its benchmark rate to 3% or higher from zero in just six months. Today, we'll explain what the Fed will be looking for to show that inflation …
The Fed announces its plan for interest rates today, and it's widely expected to raise them. We discuss many things inflation with David Kelly of J.P. Morgan. Oil and gas prices spiked this morning on the heels of Vladimir Putin's announcement to mobilize reservists for the war in Ukraine.
The Federal Reserve is set to announce its latest move on interest rates today. While inflation is a global problem, we look at how the Fed ends up determining how the world fights it. An attorney helps us dive into the machinations surrounding the Justice Department's antitrust lawsuit against Google.
From the BBC World Service: Margrethe Vestager, one of the European Commissioner's executive vice presidents and its competition commissioner, says funding alternative technologies is a crucial element in the transition away from Russian energy supplies. Plus, Germany reaches a deal to nationalize one of its gas giants. Uniper has been …
The word “meme” might bring to mind a viral picture of a weird-looking cat with silly text, a tweet or video showing up everywhere online. But some political memes can be downright dangerous, according to a new book — “Meme Wars: The Untold Story of the Online Battles Upending Democracy …
For years, China has been forecast to overtake the U.S. as the world's top economic superpower. But recently, the second-largest economy has been slowing under its zero-COVID policy. There's also problems in its [housing market,](https://www.wsj.com/articles/chinas-housing-market-is-still-on-life- support-11663329147) and its currency, the [yuan,](https://www.wsj.com/articles/chinas-yuan-breaks-key-level-against- dollar-11663246104) is falling. On the show, Jennifer Pak, Marketplace's …
In anticipation of more rate hikes by the Federal Reserve this week, the yield on the 10-year Treasury note finished at the highest it’s been in more than a decade. In today's episode, we'll break down what a higher interest rate on the government's debt means for everyday Americans, from …
How much is too much when it comes to fighting inflation? As central banks across the globe raise interest rates, there's concern that all that raising could make things worse. The U.N. holds its first full in-person meeting of world leaders in years. We explore how supply chain issues have …
From the BBC World Service: Gazprom, Russia's state-owned energy company, is temporarily shutting down a pipeline to China. In Indonesia, a new digital privacy law could see huge fines and prison time for offenders. And, the European Commission's competition watchdog, Margaret Vestager, talks to Marketplace about the future of Big …
The housing market remains a rough place for both buyers and sellers under the cloud of inflation … and also rising interest rates. An expert helps explain how gerrymandering can actually impact credit.
Since the Supreme Court overturned Roe vs. Wade back in June, many states have been working on new laws related to digital privacy and access — or restricting what kind of information can be shared online. This trend highlights the increasing disparity between states in terms of what's legal online …
The Federal Reserve is all but guaranteed to raise interest rates this week. We'll spend some time on today's show talking about "soft landings," and why hard landings are more common. Plus: Puerto Rico’s grid, the school band economy and retail shrinkage.
Almost five years after Hurricane Maria, Puerto Rico is reeling (again) after Hurricane Fiona flooded large parts of the island and left it in the dark. We'll talk about the big mess behind Puerto Rico's energy problems. Plus, John Kerry: People who live in glass houses shouldn't throw stones. And, …