We fell short of our Fall Fundraiser goal of 2,500 donations. Help us catch up ⏩ Give Now
Mid-day Update

PODCAST: When BP earnings seem like BS

David Brancaccio Feb 3, 2015
HTML EMBED:
COPY
Mid-day Update

PODCAST: When BP earnings seem like BS

David Brancaccio Feb 3, 2015
HTML EMBED:
COPY

This morning, the oil company BP reported no profits, but instead a loss of nearly $1 billion. Yet BP’s stock price in London went up 2 percent. That’s because while BP lost money, it didn’t lose more money. Which brings up the question, are earnings reports just Rorschach tests? Also, there’s a new study today saying we are now paying 15 percent of our medical bills out of pocket. More on that. And when the topic is children and money, the focus is often on consumption. But Ron Lieber, personal finance columnist for the New York Times says when teaching about money, don’t forget the giving-it-away option.

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.