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Marketplace Morning Report

A year-and-a-half late and $1 million short

Aug 23, 2019

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Marketplace Morning Report
Government shutdown 2019

How the shutdown is impacting federal workers

by Janet Nguyen Dec 27, 2018
“The longer it lasts, the harder it’s going to be on myself and many, many others,” one contractor told us.
A view of the U.S. Capitol.
NICHOLAS KAMM/AFP/Getty Images

CAT bonds could be key to paying for wildfire losses

by Janet Babin Dec 10, 2018
Some urge FEMA to issue a catastrophe bond to help pay for wildfire recovery.
Firefighters battle flames at a burning apartment complex in Paradise, north of Sacramento, California, on Nov. 09.
JOSH EDELSON/AFP/Getty Images

USPS $3.9 billion from being in the black

by Jed Kim Nov 15, 2018
The U.S. Postal Service lost almost $4 billion during the 2018 fiscal year.
Joe Raedle/Getty Images

About those tax cuts that are supposed to pay for themselves

by Kimberly Adams Oct 18, 2018
There’s been a lot of talk lately about the budget deficit, which, at last count, is up 17 percent over last year. That’s what happens when the government spends $779 billion more than it collects in revenue, also known as…
Senate Majority Leader Sen. Mitch McConnell listens during a news briefing after a weekly Senate Republican policy luncheon Oct. 10, 2018. McConnell blames the budget deficit on social security and Medicare.  
Alex Wong/Getty Images

About those tax cuts that are supposed to pay for themselves

by Kimberly Adams Oct 18, 2018
There’s been a lot of talk lately about the budget deficit, which, at last count, is up 17 percent over last year. That’s what happens when the government spends $779 billion more than it collects in revenue, also known as…
Senate Majority Leader Sen. Mitch McConnell listens during a news briefing after a weekly Senate Republican policy luncheon Oct. 10, 2018. McConnell blames the budget deficit on social security and Medicare.  
Alex Wong/Getty Images

Federal deficit rises to six-year high following last year's tax cut

by Ben Bradford Oct 16, 2018
The U.S. government is spending more and taking in less. The Treasury Department reported on Monday that the federal deficit has increased this past budget year to $779 billion, the largest deficit since 2012. The biggest culprit is last year’s…

Federal deficit rises to six-year high following last year's tax cut

by Ben Bradford Oct 16, 2018
The U.S. government is spending more and taking in less. The Treasury Department reported on Monday that the federal deficit has increased this past budget year to $779 billion, the largest deficit since 2012. The biggest culprit is last year’s…

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How Nobel Prize winner Paul Romer redefined economics

by , and Oct 8, 2018
Economists comment on what makes Romer’s views unique.
“I’ve been really disappointed that we just haven’t had the kind of political environment where we can think about speeding up technological progress,” Paul Romer said Monday.
ERIC PIERMONT/AFP/Getty Images

It's use-it-or-lose-it season in Washington

by Nancy Marshall-Genzer Sep 18, 2018
Every year at this time, federal agencies scramble to spend down their budgets.
It's September, spendathon time in Washington, D.C.
NICHOLAS KAMM/AFP/Getty Images

Kraninger closer to confirmation as consumer bureau chief

by Renata Sago Aug 24, 2018
A career civil servant with little banking industry experience, Kathy Kraninger, tapped by the Trump administration to lead the Bureau of Consumer Financial Protection won the approval of the Senate Banking Committee in a party line split vote. Next, the…
Kathleen Kraninger briefing at the Washington Foreign Press Center on the "Launch of Electronic System for Travel Authorization (ESTA)."
Courtesy of Foreign Press Centers