Author Benjamin Barber says the American economy has taken a wrong turn toward encouraging consumption — and that's not what capitalism was supposed to be about. He talks with Kai Ryssdal.
The Federal Reserve indicated today that it doesn't plan to raise or tighten interest rates anytime soon. That news sent the Dow up more than 150 points.
Some are calling for the Federal Reserve to lower interest rates to help insulate the economy against declines in the housing market. But others say the Fed is more concerned about inflation than recession.
Life is hard enough without having to decipher everything. Each week, Marketplace Money brings you a word or a phrase that has bubbled to the top of the news. For instance, "Cockroach Theory." You hear it, you see it, but do you really know it?
If there were any lingering hopes of an interest rate cut by the Federal Reserve board next week, they were probably dashed by today's Consumer Price Index report. Hillary Wicai reports.
Some consumers use check-cashing and cash-transfer firms for money transactions. But those financial firms, including those in immigrant-heavy areas, are scrambling to meet new regulations. Ashley Milne-Tyte reports.
You can use a lot of "S" words to describe the housing market: slumping, slowing, and surviving. So how do you sell in a buyers market? Tess Vigeland interviews Elizabeth Razzi, the author of "The Fearless Home Seller."
Consumer prices exceeded the Fed's expectations for inflation in February — doubling the January increase — but policymakers may well leave interest rates unchanged when they meet next week to avoid risking recession.
When the Producer Price Index came out this morning, it accelerated speculation about what the Fed might do when it meets next week. Alisa Roth takes a look at what today's report might really mean.
Nervousness over the subprime mortgage market is causing some wild swings in the stock market. Kai Ryssdal talks with the Wall Street Journal's Kate Kelly about the big names who are entering the fray.
