News In Brief

A sign of inflation on its way

Kai Ryssdal Apr 20, 2011

This final note on the way out, a stop by the commodities desk. Gold hit $1,500 an ounce for the first time today. No, not in inflation-adjusted dollars, to be sure, but a hefty sum, nonetheless. That’s a bet that despite what Ben Bernanke and his colleagues at the Fed say, inflation’s on the way.

And along those lines: oil a year after BP? Up 3 percent today to $111.53 a barrel.

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.