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Mid-day Update

PODCAST: A car-sized smartphone

David Brancaccio Oct 29, 2014
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Mid-day Update

PODCAST: A car-sized smartphone

David Brancaccio Oct 29, 2014
HTML EMBED:
COPY

Opponents of the Federal Reserves policy of buying bonds to stimulate the economy always worried about the end game: what happens to markets when the stimulus ends. With that time now upon us, it appears the turmoil has come and gone. So as central bank stimulus draws to a close, when will the economy be healthy enough for higher interest rates? Plus, good news for college seniors and their parents: The job market for 2015 graduates looks like the strongest in many years, with employers looking to make significantly more hires than last year, many of them at higher starting salaries. Those early findings are from Michigan State University’s annual survey of employers. How ever, economists say the good news doesn’t trickle backwards to people who graduated during the down years. More on that. And surveys show that many people choose a new car based on how connected the vehicle is to the internet (forget about zero-to-sixty, or initial quality or EPA mileage). We take a test drive to see how manufacturers are taking this information on board.

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