Marketplace Stories

The Federal Reserve has two main jobs: maximize employment and keep prices stable. That second piece, stable prices, has meant the Fed tries to keep inflation at 2 percent. Former Fed Chair Ben Bernanke made that target the explicit goal about six years ago, but it’s been unofficial far longer than that. Lots of other […]

When you buy 10-year Treasury bonds, you are essentially making a 10-year loan to the government. The returns on those loans are rising every day. There are a couple of reasons for that — and there are a couple of economic messages there as well.  Click the audio player above to hear the full story. 

Puerto Rico still hasn’t recovered from Hurricane Maria. Along with the enormous human impact, the island’s infrastructure is in disrepair. The Associated Press reports that over 40 percent of the island’s power customers continue to live without electricity. Now the effects are being felt in the wider American economy. A big chunk of the IV […]