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Economy

How politics could derail the world economy in 2025

by David Brancaccio and Alex Schroeder
Jan 10, 2025
Ian Bremmer of the Eurasia Group says a volatile Mideast, Russian disruption and a strained U.S.-China relationship could all prove harmful.
Donald Trump is expected to impose tariffs on not only Chinese goods, but those from other countries. Ian Bremmer of Eurasia Group discusses international economic tensions.
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2024 was a record year for bankruptcies. Why?

by Caleigh Wells
Jan 9, 2025
The pandemic set the stage for the bankruptcies, although they were delayed by government payouts and PPP loans.
Hundreds of businesses filed for bankruptcy last year — including stores like Party City and Big Lots, the airliner Spirit Airlines and the restaurant chain Red Lobster.
Justin Sullivan/Getty Images
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The U.S. saw a strong — but cooling — labor market in 2024. How's next year look?

by Mitchell Hartman
Dec 31, 2024
The Federal Reserve has wanted cooling inflation coupled with steady employment. It's gotten that.
"The increase of wages above the rate of inflation is the only thing that is really helping lower-income people right now,” said Robert Frick at Navy Federal Credit Union.
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The drop in adult literacy is an economic issue too

by Kimberly Adams , Sean McHenry and Nicholas Guiang
Dec 30, 2024
The decline can lead to poor health outcomes and a loss of GDP, says Daphne Greenberg of Georgia State University.
"About 28% of adults in the United States are reading at what's considered Level 1 and below, which is really elementary skills," says Daphne Greenberg, a professor at Georgia State University.
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Marketplace Wrapped: 2024 Edition

by Dylan Miettinen and Ellen Rolfes
Dec 30, 2024
We're doing the numbers on the stories we've reported over the past year, the folks who made it all possible, and the impact we've had.
One of the many reporting trips members of the Marketplace staff took to report major economic stories. Above, Kai Ryssdal, right, with Army Col. Drew Morgan and Drew Jostad, Marketplace technical director, for an episode of "How We Survive."
Hayley Hershman/Marketplace
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What's in store for the markets in 2025?

by Kristin Schwab
Dec 30, 2024
2024 has been a year of strong stock growth, but uncertainty about interest rates and Trump administration policies makes the picture murkier for the year ahead.
Stocks have made gains despite high interest rates this past year.
Roy Rochlin/Getty Images
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The economic legacy of Jimmy Carter

by Kimberly Adams
Dec 30, 2024
Former President Jimmy Carter died Sunday at 100. His administration was plagued by rampant inflation and an energy crisis.
Above, former U.S. President Jimmy Carter and his wife Rosalynn at the 2004 Democratic National Convention in Boston, Massachusetts.
Scott Olson/Getty Images
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What if the job market had a Spotify Wrapped?

by Matt Levin
Dec 6, 2024
We asked economists which songs embodied the American labor market in 2024.
This week, Spotify dropped its annual Wrapped, which lists users' most-played songs and artists of the year.
Illustration by Jordan Mangi/Marketplace | Photos Dimitrios Kambouris, Timothy Norris, Scott Legato/Getty Images
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Modest but steady wage gains may continue into the new year

by Mitchell Hartman
Dec 5, 2024
Hourly earnings have hovered at 4% annually. That's not an inflation threat, but some workers say their income can't keep up with their costs.
Wages are in a sweet spot that outpaces inflation but doesn't stoke it, says economist Dean Baker.
Justin Sullivan/Getty Images
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Job gains solid in evergreen industries this year, sluggish in cyclical

by Justin Ho
Dec 5, 2024
"Secular" sectors like health care and education, which are less economically sensitive, have been responsible for a lot of hiring.
The Department of Labor will report on the job market Friday, revealing which sectors created the most jobs in November.
J. David Ake/Getty Images
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