After hearing howls of complaint that it didn't cut interest rates enough, the Federal Reserve announced a plan today to get liquidity liquid again. Marketplace's New York bureau chief Jill Barshay explains, with Kai Ryssdal.
Mortgage applications saw their highest rise last week since 2005. But Jeremy Hobson reports that the number of applications out could mean a need to refinance, as opposed to more people buying new homes.
Despite talk of a recession, the National Restaurant Association says people are eating out more. Jeremy Hobson reports why the restaurant industry has more of an influence now than it did two decades ago.
A superfund intended to shore up confidence in Structured Investment Vehicles devastated by the subprime crisis has never caught on with banks. And today Warren Buffet put what's probably the last nail in its coffin. Amy Scott reports.
Mr. Bernanke and his colleagues at the Federal Open Market Committee cut short-term interest rates a quarter of a point today. But Wall Street and everybody else was banking on a half-point cut. Kai Ryssdal has the details.
With the spikes in oil prices there has also been a jump in the number of oil investors. The Senate is wondering if speculation could be the cause of high prices. John Dimsdale reports.
Chinese manufacturers are struggling with the rising value of the Chinese yuan, which is making their low-end products more expensive for buyers around the world. And that could mean more iffy Chinese products for Americans. Scott Tong reports.
Argentinean President Cristina Fernandez de Kirchner may be taking over for her economically strong husband, but it may take some time for her to build her own fiscal agenda. Rachel Hopkin reports.
Polls show the economy is moving up on the list of things voters care about in next year's elections. So, House Democrats met in Washington today to hone the economic message they want to spread over the next 11 months. John Dimsdale reports.
There was a certain beauty to today's unemployment report. The economy added almost 100,000 new jobs last month and you could interpret the numbers just about any way you wanted — good, bad, or none of the above. Steve Tripoli reports.
