We're 30% of the way to our goal of 2,500 donations by Friday! Help us catch up ⏩ Give Now
Mid-day Update

PODCAST: Gold prices, deflation, and your wallet

Jeremy Hobson Apr 17, 2013
HTML EMBED:
COPY
Mid-day Update

PODCAST: Gold prices, deflation, and your wallet

Jeremy Hobson Apr 17, 2013
HTML EMBED:
COPY

Gold prices are down again this morning, after falling by more than 10 percent since Friday. Oil prices are also lower. But how do these drops in commodity prices affect your wallet?

Reports over the past couple years have suggested sky-high U.S. carbon-dioxide emissions have been falling, but what about the global energy picture? A new report suggests its nothing to write home about.

Bank of America said this morning that its profit quadrupled last quarter compared with a year ago, though that was below expectations. Toymaker Mattel also reported a quadrupling of profit last quarter, helped in part by cost cutting. David Kelly, chief global strategist with JP Morgan Funds, explains what’s got profits up.

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.