Economy - Most Recent


Iran oil blockade unlikely to go through

Dec 28, 2011
Halting, or even dislocating, the flow of one-fifth of the world's oil supply could send the price of crude into the stratosphere. But the oil market doesn't appear to take the threat seriously.
Posted In: Oil, Saudi Arabia, oil prices

Obama nominates two for Federal Reserve board

Dec 28, 2011
The Obama administration hopes that the Senate will approve its two appointees -- one Democrat, one Republican -- to the Federal Reserve board.
Posted In: Federal Reserve, politics, Obama

PODCAST: Blocking the waterway, blocking the oil

Dec 28, 2011
San Francisco has raised to the minimum wage to over $10 an hour, and that will effect the cities famed restaurants. On the other side of the country, negotiations will start today in New York between building owners and the union representing the people that clean those buildings. As the 10 year birthday of the euro approaches, David Brancaccio looks back at how Marketplace's resident poet described the deal at the time.
Posted In: Oil

Italian bond sale, Iranian threat impacting markets

Dec 28, 2011
Iran has repeated its threat to block the Straight of Hormuz where about a-fifth of the world's oil passes through. In Italy today, investors seemed happy to buy up the country's debt.
Posted In: italy, bonds, Iran

2011 in review: The banking industry

Dec 28, 2011
From pesky hidden fees to the status of Dodd-Frank financial reform, from the impact of Europe's debt crisis to lending -- we look back at the year in banking.
Posted In: bank, banking, lending, dodd-frank

Memphis mayor on the city's recovery

Dec 28, 2011
In the summer of 2010, Memphis was filled with abandoned houses and other effects of the subprime crisis. A year and a half later, how's the city doing?
Posted In: Memphis

Public-worker pension funds lose big

Dec 28, 2011
This summer, the pension plans of government employees lost a staggering quarter-trillion-dollars in assets.
Posted In: pensions, U.S. Census Bureau

San Francisco minimum wage is first to top $10

Dec 28, 2011
One industry -- restaurants -- feels the city's minimum wage policy especially hard.
Posted In: minimum wage, restaurants, San Francisco

NLRB board vacancies could stall major labor decisions

Dec 28, 2011
The National Labor Relations Board is about to lose the ability to enforce the nation's labor laws. On Dec. 31st, three of the five seats on the Board will become vacant. Without a quorum, the NLRB cannot decide cases.
Posted In: National Labor Relations Board, labor, politics

The decisions Washington's put off to 2012

Dec 27, 2011
While a temporary deal was reached, come February a whole new debate will be emerge surrounding the payroll tax cut, unemployment benefits, and Medicare payments to doctors.
Posted In: payroll tax, Washington D.C., politics