There’s been a lot of talk lately about the budget deficit. At last count, it’s up 17 percent over last year — the government spent $779 billion more than it collected in taxes. Seems we’re paying the price for one of the biggest tax cuts in history. But wasn’t that cut supposed to pay for itself? Then: African-Americans are more scared of a recession than white Americans, according to the latest Marketplace-Edison Research Poll. We’ll look at how communities of color are still recovering from the last recession. Plus, the big business of disaster cleanup.
Segments From this episode
Uber and Lyft are driving toward IPOs
by Emma Jacobs
Oct 18, 2018
Investors could pony up $140 billion for shares even though neither firm is profitable.
Uber and Lyft are driving toward IPOs
by Emma Jacobs
Oct 18, 2018
Investors could pony up $140 billion for shares even though neither firm is profitable.
How much will sports leagues make from legal betting?
by Marielle Segarra
Oct 18, 2018
The Supreme Court cleared the way for bookmakers to take in more than $70 billion.
How much will sports leagues make from legal betting?
by Marielle Segarra
Oct 18, 2018
The Supreme Court cleared the way for bookmakers to take in more than $70 billion.
Economic Anxiety Index®
For African-Americans, a fear of recession
by Erika Beras
Oct 18, 2018
The Marketplace-Edison Research Poll also found that more blacks worry a recession will affect them than whites do.
EU summit yields no clear way forward on Brexit
by Stephen Beard
Oct 18, 2018
European Union leaders wrapped up a two-day summit in Brussels today. Britain’s exit from the bloc was the main focus of the gathering. And students of EU crises will have heard a familiar whizzing sound as another deadline passed in the unfolding drama, known as Brexit. The long-scheduled summit was intended as an important milestone […]
EU summit yields no clear way forward on Brexit
by Stephen Beard
Oct 18, 2018
European Union leaders wrapped up a two-day summit in Brussels today. Britain’s exit from the bloc was the main focus of the gathering. And students of EU crises will have heard a familiar whizzing sound as another deadline passed in the unfolding drama, known as Brexit. The long-scheduled summit was intended as an important milestone […]
About those tax cuts that are supposed to pay for themselves
by Kimberly Adams
Oct 18, 2018
There’s been a lot of talk lately about the budget deficit, which, at last count, is up 17 percent over last year. That’s what happens when the government spends $779 billion more than it collects in revenue, also known as taxes. Seems we’re paying the price for one of the biggest tax cuts in history, […]
About those tax cuts that are supposed to pay for themselves
by Kimberly Adams
Oct 18, 2018
There’s been a lot of talk lately about the budget deficit, which, at last count, is up 17 percent over last year. That’s what happens when the government spends $779 billion more than it collects in revenue, also known as taxes. Seems we’re paying the price for one of the biggest tax cuts in history, […]