As part of the government bailout of AIG, the Federal Reserve bought $16 million worth of mortgage-securities from the company. Now, thanks to changes to the bond and housing markets, it may be stuck with them for a while.
A lot happened while you slept. Marketplace Morning Report® host David Brancaccio explores the latest on markets, money, jobs and innovation, providing the context you need to make smart decisions. We've also launched a new series about how machines, robots and algorithms are increasingly entering the workforce. We're looking at what humans can do about it with a new journey to find robot-proof jobs. Read more here.