Marketplace®
Every story is an economic story
Aug 10, 2017

08/10/2017: Markets go down. Go figure.

All three major stock indices fell today, and not a little bit either. And guess what: That’s what’s supposed to happen. We’ll talk about it when we do the numbers. Then: The White House touted a huge deal between Wisconsin an Foxconn: 13,000 jobs in exchange for $3 billion in tax breaks. The state won’t break even for more than 25 years, but these deals are becoming more and more common. Plus: Most undocumented immigrants who are deported are Latino men with jobs. That has a ripple effect on housing.

A man looks at a screen showing global stock market information on the street in Tokyo on August 25, 2015. 
A man looks at a screen showing global stock market information on the street in Tokyo on August 25, 2015. 
Chris McGrath/Getty Images

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All three major stock indices fell today, and not a little bit either. And guess what: That’s what’s supposed to happen. We’ll talk about it when we do the numbers. Then: The White House touted a huge deal between Wisconsin an Foxconn: 13,000 jobs in exchange for $3 billion in tax breaks. The state won’t break even for more than 25 years, but these deals are becoming more and more common. Plus: Most undocumented immigrants who are deported are Latino men with jobs. That has a ripple effect on housing.