My Two Cents


Chris Farrell Apr 19, 2009

The latest cover of Fortune:

2008 WAS THE WORST YEAR EVER FOR AMERICA’S 500 LARGEST CORPORATIONS –Last year was the worst economic performance in the 55-year history of the FORTUNE 500 list of America’s biggest 500 companies. Earnings dropped 84.7% from the previous year, from $645 billion to $98.9 billion, marking the largest one-year decline ever. (A larger percentage drop in 1992 was attributable in large part to an accounting-law change). For every dollar in profits the 500 garnered in 2006, its members made 13¢ in 2008.

We’re here to help you navigate this changed world and economy.

Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.

In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.

Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.