Weekly Wrap

The week that could’ve been an economic homerun for Republicans

Kai Ryssdal Jan 12, 2018
HTML EMBED:
COPY
It started out as a pretty good week for the White House, with bonuses and raises being attributed to the tax bill. But President Donald Trump’s comments about El Salvador, Haiti and some African countries overshadowed other news. Win McNamee/Getty Images
Weekly Wrap

The week that could’ve been an economic homerun for Republicans

Kai Ryssdal Jan 12, 2018
It started out as a pretty good week for the White House, with bonuses and raises being attributed to the tax bill. But President Donald Trump’s comments about El Salvador, Haiti and some African countries overshadowed other news. Win McNamee/Getty Images
HTML EMBED:
COPY

Dion Rabouin from Yahoo Finance and Kate Davidson from The Wall Street Journal join us to talk about this week’s economic and business news. This week, Walmart announced it’s giving 1 million employees bonuses and wage raises, Fiat-Chrysler announced it will be relocating a plant in Mexico to Michigan and the IRS announced new rules that would give tax payers a bigger paycheck. All of these wins, however were overshadowed by President Donald Trump’s comments about El Salvador, Haiti and some African countries. We also talk about the bond market’s rising yield and why it may be due to the GOP tax bill. And speaking of the tax bill, we look at what may be its longer-lasting effects on American workers and the economy. 

As a nonprofit news organization, our future depends on listeners like you who believe in the power of public service journalism.

Your investment in Marketplace helps us remain paywall-free and ensures everyone has access to trustworthy, unbiased news and information, regardless of their ability to pay.

Donate today — in any amount — to become a Marketplace Investor. Now more than ever, your commitment makes a difference.