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Marketplace Morning Report

A pop-up oasis in South L.A.'s food desert

Jul 17, 2019

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Make Me Smart with Kai and Molly
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Minneapolis Fed President Neel Kashkari says raising interest rates too soon could lead to a recession

by Kai Ryssdal, Janet Nguyen, and Maria Hollenhorst Dec 21, 2018
The Federal Reserve has raised interest rates for the fourth time this year.
Neel Kashkari, then the acting interim assistant secretary for financial stabilization at the Treasury Department, arrives for a hearing on Capitol Hill back in 2009.
Chip Somodevilla/Getty Images

Interest rates: where they hurt and where they help you

by Janet Nguyen Dec 19, 2018
The Fed has hiked interest rates for the fourth time this year. Here’s how this major decision could affect your savings and borrowing rates.
Getty Images

Fed lifts rates for 4th time this year but sees fewer hikes

by Associated Press Dec 19, 2018
The quarter-point hike, to a range of 2.25 percent to 2.5 percent, lifts the Fed’s benchmark rate to its highest point since 2008.
Federal Reserve Board Chairman Jerome Powell speaks during a press conference in Washington, DC, September 26, 2018.
SAUL LOEB/AFP/Getty Images

What is a "neutral" interest rate?

by Mitchell Hartman Nov 29, 2018
Fed Chairman Jerome Powell said interest rates were just below neutral. We break down what that means.
Federal Reserve Chairman Jerome Powell speaks at the Economic Club of New York on November 28, 2018 in New York City. Following news that Powell said interest rates are close to neutral, stocks rose in afternoon trading.
Spencer Platt/Getty Images

What effects will a cooling housing market have on the economy?

by Amy Scott Nov 8, 2018
The Federal Reserve has been raising short-term interest rates, but long-term borrowing costs have been rising, too. Freddie Mac said Thursday the average rate on a 30-year fixed-rate mortgage rose to 4.94 percent, a nearly seven-year high. Those higher costs…
A Redfin real estate yard sign is pictured in front of a house for sale on Oct. 31, 2017 in Seattle, Washington.
Stephen Brashear/Getty Images for Redfin

Home buyers navigate sluggish housing market

by Justin Ho Oct 24, 2018
Sales of new and existing homes haven't been this slow for years, so what's a buyer to do?
 A 'For Sale' sign sits in front of a new home May 27, 2004 in Miami, Florida. 
Joe Raedle/Getty Images

Home buyers navigate sluggish housing market

by Justin Ho Oct 24, 2018
Sales of new and existing homes haven't been this slow for years, so what's a buyer to do?
 A 'For Sale' sign sits in front of a new home May 27, 2004 in Miami, Florida. 
Joe Raedle/Getty Images

Invest in Marketplace today

Ask not what Marketplace can do for you, but what you can do for Marketplace.

FICO scores are going to change. Here's how.

by Nancy Marshall-Genzer and Sabri Ben-Achour Oct 22, 2018
The Ultra FICO could make it easier for people with imperfect scores to qualify for credit.
Justin Sullivan/Getty Images

FICO scores are going to change. Here's how.

by Nancy Marshall-Genzer and Sabri Ben-Achour Oct 22, 2018
The Ultra FICO could make it easier for people with imperfect scores to qualify for credit.
Justin Sullivan/Getty Images

Re-Fi? Standby … Rates are not great right now

by Andy Uhler Oct 19, 2018
Five years ago, refinancing made up 75 percent of the mortgage business. Today, it’s just around 37 percent. With climbing interest rates, demand has dipped and the mortgage industry is poised to shed jobs. Click the audio player above to…