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Stacey Vanek Smith

Reporter, Marketplace

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Stacey Vanek Smith is a former senior reporter for Marketplace.

Latest Stories (1,146)

Escalating child care costs force women out of the work force

Dec 11, 2024
For a lot of families, the cost of child care is a huge reason why inflation is still so painful. For years, the rise in child care and preschool prices has outpaced inflation overall. The latest Consumer Price Index showed the cost of child care increased 0.6% last month alone.
As child care costs rise, more mothers are forced to make the difficult decision to pause their careers.
Peter Fleming/Getty Images

Why the inverted yield curve is typically a recession predictor

Sep 12, 2024
But this time may be different. One theory is that weaker data allowed companies to prepare and soften the economic landing.
The yield curve in the U.S. Treasury market has been singing a scary tune for nearly two years. So where's the recession?
Torsten Asmus/Getty Images

How reliable is the Sahm rule as a recession indicator?

Sep 11, 2024
Economist Claudia Sahm says even though the recession predictor is sounding the alarm, we shouldn't immediately fret.
The unemployment rate is kind of like a high school dance (bear with us): When the wallflowers join the floor, the number of dancers grows. Similarly, the unemployment rate grows when more unemployed people on the sidelines start looking for work.
FPG/Getty Images

Many small businesses wobble under weight of high rates

Jul 25, 2024
Small operations have endured pandemic rules, lockdowns and rising costs. Refinancing their loans could be as painful, or worse.
A loan to open a new location before the pandemic "completely destroyed the business," said bakery owner Erin McKenna. She's not the only businessperson struggling with high interest rates and sizable debt.
Getty Images

Workplace jargon reflects changing power dynamics

Jul 23, 2024
During the pandemic era, the lingo reflected workers' leverage. Now the dynamic has shifted, and how we talk about work has too.
Employers have regained much of the leverage that workers enjoyed when job openings were plentiful and applicants were scarce.
Justin Sullivan/Getty Images

Economic data is looking good. So why the glum vibes?

Jun 25, 2024
Unemployment is near record lows, GDP is growing, inflation has been trending down, wages are up. But in spite of it all, people are feeling bad.
One reason for all the economic angst? A very positive reference point from earlier in the pandemic might make some consumers feel like nothing will compare.
Justin Sullivan/Getty Images

All you can eat: The tumultuous history of America’s favorite restaurant deal

Jun 14, 2024
Endless shrimp, endless breadsticks, endless salad bar — they've nearly killed a lot of restaurants. So why do they keep coming back?
Red Lobster has shuttered more than 80 locations and laid off hundreds of workers, but all-you-can-eat shrimp? Still going.
Brandon Bell/Getty Images

Why cybercriminals are targeting small businesses

May 30, 2024
Ransomware attacks are on the rise, and small businesses are getting hammered.
Cyberattacks and hacks have the ability to destroy people's businesses, credit and livelihoods.
dem10/Getty Images

Now that pandemic SNAP benefits have ended, many scramble for food

May 23, 2024
The number of Americans facing food insecurity has increased. People are turning to food pantries, soup kitchens and each other.
When emergency nutrition assistance expired, millions of Americans suddenly had hundreds of dollars less per month for food. 
Michael M. Santiago/Getty Images