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Ohio is for lovers of smart transit

May 20, 2019

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Make the economy boring again

Make the economy boring again

Nov 8, 2018

Some things might change with the American economy because of the midterms, but we can always count on the good ol' Federal Reserve. The Fed has been meeting this week to discuss interest rates and the state of the economy.…

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Stories From this episode

What effects will a cooling housing market have on the economy?

by Amy Scott Nov 8, 2018
The Federal Reserve has been raising short-term interest rates, but long-term borrowing costs have been rising, too. Freddie Mac said Thursday the average rate on a 30-year fixed-rate mortgage rose to 4.94 percent, a nearly seven-year high. Those higher costs…
A Redfin real estate yard sign is pictured in front of a house for sale on Oct. 31, 2017 in Seattle, Washington.
Stephen Brashear/Getty Images for Redfin

Democrats and Republicans prepare to pick their power brokers in the House and Senate

by Kimberly Adams Nov 8, 2018
Decisions on who will lead the parties and the committees will be made soon.
House Minority Leader Nancy Pelosi holds a news conference following the 2018 midterm elections at the Capitol Building on Nov. 7, 2018 in Washington, DC.
Zach Gibson/Getty Images

More From This Episode

Some things might change with the American economy because of the midterms, but we can always count on the good ol’ Federal Reserve. The Fed has been meeting this week to discuss interest rates and the state of the economy. While interest rates held steady this month, an increase is anticipated in December. But what about housing interest rates? The average rate on a 30-year mortgage hit 4.94 percent this week, a near seven-year high. Now, the housing market is cooling off — new data is showing a further decline in mortgage applications. We talk to experts about what that means for the economy. Also, the deficit hawks are about to get louder. Talk of the federal deficit was rather quiet during the midterm elections, but with Democrats as the majority of the House, we’re going to hear a lot more about it. Plus: a check-in on Big Scooter. Yes, we said it. Big Scooter. It’s a multibillion-dollar industry. 

Music from the episode

Los Ageless St. Vincent
Darling Real Estate
Feel Good (feat. Khruangbin) Maribou State, Khruangbin
Tonight Little People
How We Survive
How We Survive
Climate change is here. Experts say we need to adapt. This series explores the role of technology in helping humanity weather the changes ahead.