Mid-day Update

PODCAST: Fed ahead, markets down

Mark Garrison Jun 20, 2013
HTML EMBED:
COPY
Mid-day Update

PODCAST: Fed ahead, markets down

Mark Garrison Jun 20, 2013
HTML EMBED:
COPY

American troops are on the way out of Afghanistan, but the Washington Post reports that much of their gear, some $7 billion worth, won’t be coming home with them.

Global markets were down this morning on news that the U.S. Federal Reserve may not continue its bond buying program, known as quantitative easing, in the long-term.

Long-term care. It’s an economic consequence of an aging America that doesn’t get nearly as much attention as Social Security. Nursing homes can run around $100,000 a year, and many aging boomers will not have the money.

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.