Apr 13, 2021

A new all-time high for the budget deficit

Win McNamee/Getty Images

Economists say there's nothing inherently wrong with the federal government spending more than it has, given its borrowing power and this pandemic emergency. But we do watch the size of the deficit. Plus, what to expect from big banks reporting their latest quarterly results this week. And, if you're on the hunt for a new bike this spring, expect to pay more.

Segments From this episode

U.S. budget deficit climbs to record $1.7 trillion this year

Marketplace’s Nova Safo has more.

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COVID-19

Banks earnings expected to reflect an economy that is reopening

by Mitchell Hartman

Apr 13, 2021

A strong stock market is giving banks a boost at the moment.

With unemployment still high, however, it’s hard for some households to make their monthly payments on credit cards, auto and home loans, said Greg McBride at Bankrate.com.

Justin Sullivan/Getty Images

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Back to Business

Bike prices still riding high due to supply chain backups

by Scott Tong

Apr 13, 2021

Bikes and parts could cost 15% to 25% more — if there's even inventory to sell, that is.

Some cyclists are resorting to fixing up their old bikes, but shipping backups and COVID restrictions at ports mean shop owners can't get parts either.

Angela Weiss/AFP via Getty Images

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The team

David Brancaccio Host

Victoria Craig Host, BBC

Stephen Ryan Senior Producer, BBC

Jonathan Frewin Producer, BBC

Daniel Shin Producer

Jay Siebold Technical Director

Brian Allison Engineer

Meredith Garretson Morbey Senior Producer

Erika Soderstrom Producer

Rose Conlon Producer

Alex Schroeder Producer

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