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Krissy Clark is the senior reporter for Marketplace’s Wealth & Poverty Desk, where she helps make sense of some of the most fundamental shifts happening in the U.S. economy, including the growth of the low-wage service sector and the shrinking of middle-wage, middle-class jobs. Clark tracks the widening gap between rich and poor in the U.S. and what it means for economic mobility in America.

Some of Clark’s favorite stories involve getting people from different parts of the economy to talk to each other. She has prompted conversations between a Silicon Valley CEO and a worker whose job he wanted to automate, brought two economists who disagreed about the effects of raising the minimum wage to Taco Bell for a debate, and set up a virtual “confessional booth” for people to reveal their financial safety nets. Clark’s reporting has taken her to abandoned factories in Flint, Michigan; the post-tornado ruins of Moore, Oklahoma; and the epicenter of the foreclosure crisis in Las Vegas, Nevada.

Before joining Marketplace, Clark was the LA Bureau Chief for KQED public radio’s California Report. She has been a regular contributor to NPR's Morning Edition and All Things Considered, BBC Radio, Freakonomics and StoryCorps.

Clark’s stories and documentaries have won awards from Scripps-Howard, PRNDI, NFCB, an Investigative Reporters and Editors Medal of Honor, and First Prize in Investigative Reporting from the National Awards for Education Reporting. Clark was a finalist for the Livingston Award for Journalists Under 35, and a finalist for a Third Coast Award for Best News Feature.

Clark is a frequent public speaker and has given talks at Google, Stanford University, the University of Kansas, Web 2.0, the Conference on World Affairs, and the Aspen Institute.

In 2009, Clark won a Knight Journalism Fellowship at Stanford to spend a year experimenting with location-aware technologies as tools for story-telling. She is the founder of Storieseverywhere.org, a location-based, trans-media storytelling project whose audio installations have been exhibited by The New Museum in NYC and San Francisco’s Gray Area Foundation for the Arts.

Clark graduated cum laude from Yale University with a B.A. in The Humanities. She grew up in the San Francisco Bay Area and likes to read maps.

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Features by Krissy Clark

Confusion over Obamacare helps scammers

The Federal Trade Commission is fielding complaints from consumers who say they have been scammed with fake offers related to the rollout of the Affordable Care Act.
Posted In: health care, health scams, Obamacare, Affordable Care Act

Should services be taxed like goods?

As states struggle to raise revenue, should services be subjected to a sales tax like goods?
Posted In: sales tax, consumer behavior

California city tries using eminent domain to help underwater homeowners

Richmond, California is attempting to keep homeowners in their homes by using eminent domain to buy underwater mortgages, and the banks don't like it.
Posted In: foreclosure, underwater mortgage, eminent domain

U.S. accuses Bank of America of mortgage-backed securities fraud

The Department of Justice and the SEC are both suing Bank of America for allegedly misleading investors about the risks of mortgage-back securities.
Posted In: Bank of America, mortgage fraud

Amazon CEO buys Washington Post

Why would an internet mogul buy a fading journalistic institution?
Posted In: jeff bezos, washington post, Amazon

The best safety net? One man says, the smaller the better

In our series of safety net confessionals, the story of a man who says hard work and sacrifice were the safest nets for him.
Posted In: safety net

The safety net you didn't know existed

Researchers have found many Americans believe they don't benefit from the 'social safety net' when, in fact, they are collecting some sort of benefits from government social programs.
Posted In: entitlements

In blow to Samsung, White House vetos ITC ban on Apple products

Samsung has lost more than a billion dollars in market value this morning after the White House overturned a patent victory for the company that favors rival Apple.
Posted In: apple, samsung, trade

Two recoveries from the tornado: Finding a job

Coming from different financial situations can affect everything about picking up the pieces after a natural disaster -- even getting, and holding on to a job.
Posted In: Moore, oklahoma, tornado, recovery, income inequality

Are the baby boomers retiring at the worst time?

Baby boomers facing retirement may be wishing they had come of age in a different era. According to a new Bankrate.com analysis, Americans reaching retirement age in this moment are facing the worst retirement climate in more than a generation.

The report is based on data from Morningstar and Research Affiliates and found: “Yields on stocks and bonds have declined so considerably that they've significantly weakened investments for people who are just about to retire.Plus, according to the report:

According to the report: "A $1 million portfolio of 60% stocks and 40% bonds is projected to run out of money in 25 years.”  Meanwhile, “someone who retired in 1980 with that same 60/40 portfolio would have received an average annual return of 6.9% over 30 years.” 

This is worrisome at an individual level for anyone who is a baby boomer (or a child of one, working on, just as an example, a … ummm ... public radio salary wondering how she would swing it if her mom needs her to fill in the gaps), but it’s also a concern at a societal level: The era of the 401(k) was founded on very different market realities than we are in now. 

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