Jan 2, 2018

01/02/2018: Opening a business by Amazon might not be all that lucrative

Jeff Spicer/Getty Images

(Markets Edition) Even though the Federal Reserve engineered a few short-term interest rate hikes last year, the cost of borrowing a house or apartment didn't really go up. To find out if mortgage rates will rise in 2018, we'll check in with David Kelly, chief global strategist at JP Morgan Funds. Afterwards, we'll discuss how restaurants near Amazon's first headquarters haven't brought in the number of customers that their owners expected. Plus: A look at the high price of youth sports.

Segments From this episode

Diners aren't showing up as expected near Amazon HQ1, causing some restaurants to close

by Anna Boiko-Weyrauch

Jan 2, 2018

Amazon's HQ1 neighborhood empties out at night, so some restaurant owners aren't finding the dining market they expected.

Empty chairs in the recently closed bar, Cantine in Seattle's South Lake Union, look out at neighborhood workers with lunch takeout containers. The bar and several other restaurants closed this year because of lackluster dinner patronage.

Anna Boiko-Weyrauch/ for Marketplace

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(Markets Edition) Even though the Federal Reserve engineered a few short-term interest rate hikes last year, the cost of borrowing a house or apartment didn’t really go up. To find out if mortgage rates will rise in 2018, we’ll check in with David Kelly, chief global strategist at JP Morgan Funds. Afterwards, we’ll discuss how restaurants near Amazon’s first headquarters haven’t brought in the number of customers that their owners expected. Plus: A look at the high price of youth sports.