Economy

Sub-Saharan economies have been growing between 5-7 percent a year, benefits which the IMF and World Bank believe will have a lingering effect. Gretchen Wilson reports how a focus on business can help.

Three members of the Federal Reserve committee that sets interest rates have said another rate cut isn't necessary. That news was a bit of a surprise for Wall Streeters. And, as John Dimsdale reports, some economists are still expecting rate reductions in the near future.

Investors are predicting dark times ahead for the economy. Marketplace's Jill Barshay tells you what you can do to prepare your portfolio for the worst.

The ripple effects of the American subprime crisis is the big topic at the G-20 economic summit in South Africa, but no one's sure just yet how it might affect global markets. Gretchen Wilson reports.

Finance leaders from industrialized and major emerging economies are converging on Cape Town, South Africa for meetings of the Group of Twenty, or G-20. Gretchen Wilson reports that Africa is getting more notice thanks to a strain on global resources.

European bank Barclays announced it's written off another $1.64 billion, bringing its new write-down total to around $2.64 billion. But Stephen Beard tells Scott Jagow why, compared to other banks, that's not that much.

The northern Washington town of Bellingham may be the epicenter of a new economic model for a post-consumerist economy: Locally produced goods and services focused on what surrounding communities need and can sustain.

With home prices dropping, the dollar sliding and consumer confidence way down, commentator Robert Reich says it isn't just banks that are feeling the pinch.

Federal Reserve Chairman Ben Bernanke says the central bank is going to start being more open with its economic prognostications. Marketplace's Bob Moon takes a look at what's behind the announcement with Kai Ryssdal.