What effects will a cooling housing market have on the economy?

Nov 8, 2018
The Federal Reserve has been raising short-term interest rates, but long-term borrowing costs have been rising, too. Freddie Mac said Thursday the average rate on a 30-year fixed-rate mortgage rose to 4.94 percent, a nearly seven-year high. Those higher costs are taking a bite out of demand. For example, mortgage applications fell to a four-year […]
Different methods of calculating consumer inflation have different ways of accounting for the movement of home prices.
Stephen Brashear/Getty Images for Redfin

For African-Americans, a fear of recession

Oct 18, 2018
The Marketplace-Edison Research Poll also found that more blacks worry a recession will affect them than whites do.
A man walks by the New York Stock Exchange.
Spencer Platt/Getty Images

So, you're graduating into a financial crisis ...

May 21, 2018
Here's what notable speakers had to say to the classes of 2009 and 2010, when job opportunities were scarce.
Photo by Christopher Furlong/Getty Images

African-Americans, women and millennials have more economic anxiety than the rest of the country

Mar 7, 2018
Whether your economic anxiety has increased or decreased in the last year depends on who you are, according to the latest Marketplace-Edison Research Poll.
Pedestrians walk by a building advertising available retail space on Lexington Avenue on February 8, 2018 in New York. 
DON EMMERT/AFP/Getty Images

U.S. manufacturing is on track for a strong year after a recession rebound

Jan 18, 2018
President Donald Trump is visiting a heavy equipment plant in Pittsburgh today, to campaign for a Republican candidate looking to fill a vacant congressional seat there. The president is expected to promote the new tax bill and tout recent growth in U.S. manufacturing — a sector he campaigned on saving.  Click the audio player above […]

Study finds that for many states, public education funding still hasn’t come back to pre-Recession levels

Nov 29, 2017
It’s been a decade since the Great Recession, and while a lot of things in the economy have recovered, state funding for public schools is still lagging behind pre-Recession levels, after accounting for inflation. That’s according to the Center for Budget and Policy Priorities, a think tank that focuses on ways that federal and state […]

What would happen if we reduced trade deficits quickly?

Nov 14, 2017
Fresh from his trip to Asia, President Donald Trump today tweeted that things must change when it comes to trade. “The United States has to be treated fairly and in a reciprocal fashion. The massive trade deficits must go down quickly!” he wrote. Now, most economists disagree with the president on whether the current U.S. […]

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Traffic climbed after the recession. So did accidents and truckers' premiums.

Jul 6, 2017
Truck companies have turned to technology to ensure employees drive safely.
Attorney Hilary Rowen says the biggest driver of rising insurance rates is the sheer number of hours truckers and everyone else are spending on the road.
ROBYN BECK/AFP/Getty Images

Janet Yellen says not to expect another financial crisis anytime soon. Is she right?

Jun 30, 2017
The mid-point of the year is kind of an artificial time to reflect, but here we are.
U.S. Federal Reserve Chair Janet Yellen speaks at a press conference after the Federal Open Market Committee meeting in Washington, D.C., on June 14.
ANDREW CABALLERO-REYNOLDS/AFP/Getty Images

South Africa falls unexpectedly into recession

Jun 7, 2017
The gross domestic product of South Africa, one of Africa’s largest economies, contracted nearly a full percent between the last quarter of 2016 and the first quarter of this year. Some  blame President Jacob Zuma for the country’s lackluster performance. Click the audio player above to hear the full story.