Marketplace®

Daily business news and economic stories
Aug 29, 2018

Federal Reserve confirms new vice chair

(Markets Edition) The Federal Reserve confirmed a new vice chair on Tuesday. His name is Richard Clarida, and unlike Fed chair Jerome Powell, he’s an academic. Nancy Marshall Genzer told us more about him. Also, school time in France means we’ll get a look at a new French law that actually bans mobile phones in school for students 15-years-old and younger. We then examine a lesser-known form of college admissions that allows admitted students to begin school during in their sophomore year … meaning that they need to find another place to go for the first year. Today’s show is sponsored by Battelle (Battelle.org/QI), Indeed (Indeed.com/marketplace) and Michigan Economic Development Corporation (planetm.com). (08/29/2018)

A lot of decisions about your financial life are made in the Federal Reserve building.
A lot of decisions about your financial life are made in the Federal Reserve building.
KAREN BLEIER/AFP/Getty Images

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(Markets Edition) The Federal Reserve confirmed a new vice chair on Tuesday. His name is Richard Clarida, and unlike Fed chair Jerome Powell, he’s an academic. Nancy Marshall Genzer told us more about him. Also, school time in France means we’ll get a look at a new French law that actually bans mobile phones in school for students 15-years-old and younger. We then examine a lesser-known form of college admissions that allows admitted students to begin school during in their sophomore year … meaning that they need to find another place to go for the first year. Today’s show is sponsored by Battelle (Battelle.org/QI), Indeed (Indeed.com/marketplace) and Michigan Economic Development Corporation (planetm.com). (08/29/2018)