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05/24/2017: The second-largest economy in the world just got a downgrade
May 24, 2017

05/24/2017: The second-largest economy in the world just got a downgrade

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Moody's Investors Service has just reduced China's credit rating by a notch. We'll explore how significant this downgrade is and the economic factors that warranted the drop. Afterwards, we'll take a look at the challenges that those from the foster care system face when trying to attend college. 

Segments From this episode

CBO score tallies how many will be covered by revised GOP health plan

by Ryan Kailath
May 24, 2017
The Congressional Budget Office will release its assessment, or “score,” of the House GOP’s revised health plan this afternoon. When the first draft was released back in March, the CBO estimated 24 million people would lose health insurance under that plan. Among the questions are, will this revised plan cover more people than the last […]
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For students in the foster care system, college can be an elusive goal

by Marketplace Contributor
May 24, 2017
According to a study of foster youth, around 58 percent graduate from high school by the time they’re 19, compared to about 86 percent of the general population.
Ashley Williams studies for law school finals at her kitchen table in Los Angeles. She graduated from Southwestern Law School in May.
Libby Denkmann/Marketplace
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Dramatically different views emerge on the future of oil

by Andy Uhler
May 24, 2017
OPEC nations meet this week to discuss cuts to oil production, as prices for crude remain in a slump. Price volatility, changes to car technology, and other major uncertainties are leading to widely divergent views on the future of oil – namely, whether the world will see a peak in demand anytime soon. Click the […]
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Mid-day Update

05/24/2017: Are financial advisers trying to help you or themselves?

by David Brancaccio
May 24, 2017
The Congressional Budget Office is set to release its assessment of the GOP's new health care bill this afternoon. The CBO estimated 24 million would lose health insurance under the first draft of this plan. We'll examine whether fewer people will lose coverage under the most recent proposal. Afterwards, we'll discuss a downgrade in China's creditworthiness, and look at how the country's new fiduciary rule works.
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Moody’s Investors Service has just reduced China’s credit rating by a notch. We’ll explore how significant this downgrade is and the economic factors that warranted the drop. Afterwards, we’ll take a look at the challenges that those from the foster care system face when trying to attend college. 

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