There's yet another proposal to get the government out of the mortgage-guarantee business

Feb 4, 2019
One of the last big unresolved issues from the financial crisis is what to do about Fannie Mae and Freddie Mac. Together with government-owned Ginnie Mae, they own or guarantee more than half the home loans in the country. Fannie and Freddie have been under conservatorship — bascially government protection and control — since 2008, […]
Mortgage finance company Freddie Mac says rates on 30-year fixed mortgages fell below 3% this week. For some people, that's a chance to refinance.
Win McNamee/Getty Images

The blockchain is coming to Wall Street

Jan 21, 2019
Future ICOs might start to look a lot more like old-fashioned stock
"We can have a much more seamless, actually transparent stock trading mechanism using blockchain," says Kristen Howell, a partner with the law firm Fox Rothschild who helps companies create initial coin offerings.
Petras Malukas/AFP/Getty Images

How Merriam-Webster “measures” volatility vs. the VIX

Jan 11, 2019
Searches for "volatility" rose 253 percent in 2018, according to data from Merriam-Webster.
Janet Nguyen/Marketplace

Here's why consumer sentiment is positive even while markets are tanking

Dec 21, 2018
By some economic measures, this has been a rough December. Stock prices? Falling. Markets? Volatile. Government? Might shut down. Interest rates? Gnashing of teeth. Recession coming? In the conversation. Consumers’ outlook on the economy? Improving. Wait, what? It’s true. Consumer sentiment rose in December. Why? Click the audio player above to hear the full story.

How Lyft's IPO could challenge Uber's dominance abroad

Dec 6, 2018
Uber’s valuation still dwarfs Lyft’s, as both companies prepare to go public in 2019.
A Lyft driver is waiting for a ride in the city on Feb. 3, 2016 in San Francisco, California. 
Mike Coppola/Getty Images for Lyft

Cryptocurrencies' collapse follows 2017 run, regulation threats

Nov 20, 2018
Down from its 1,400 percent rise in 2017, bitcoin is now trading at less than $5,000 — a sharp decline for what some once hoped was a new and promising asset that could excite institutional investors. Instead, many traders were just trying to make a quick buck. Click the audio player above to hear the […]
In this photo illustration a visual representation of the digital currency Bitcoin sinks into water. 
Photo Illustration by Dan Kitwood/Getty Images

For public good, not for profit.

When Apple suffers, the pain is spread around

Nov 19, 2018
Shares of Apple took a hit Monday, declining 4 percent after the Wall Street Journal reported Apple has cut production orders in recent weeks for all three iPhone models launched earlier this year. When Apple runs into trouble, it tends to be a drag on many other companies and the market as a whole. Click the […]

Home Depot still doing well despite cooling housing market

Nov 13, 2018
Despite signs of a cooling housing market, the home improvement giant turned in a $2.9 billion profit for the third quarter.
A sign is posted in front of a Home Depot store on Aug. 14, 2018 in El Cerrito, California.
Justin Sullivan/Getty Images

SoftBank is taking its mobile division public. But what is SoftBank?

Nov 12, 2018
SoftBank Group Corp., the massive Japanese holding company, is planning to take its mobile division public. The company is trying to raise $21 billion in its IPO, and it’ll list on the Tokyo Stock Exchange in December. You may not have heard of SoftBank, but it has a hand in a lot of our consumer technologies […]
Softbank group CEO Masayoshi Son delivers a speech during his company's financial results press conference at a hotel in Tokyo on Nov. 5, 2018.
TOSHIFUMI KITAMURA/AFP/Getty Images