Latest Stories

Latest Stories

The last time inflation was under 3% was March 2021

Aug 21, 2024
The economy — and life —has changed a lot since.
The world looked very different the last time inflation rates dipped under 3%.
Montinique Monroe/Getty Images

For this hog farmer, uncertainty in Washington is top of mind

Will there be a new Farm Bill this year? Will the Federal Reserve cut interest rates? These are a few of the questions top of mind for Brian Duncan, farmer and president of the Illinois Farm Bureau.
Brian Duncan at his hog farm Polo, Illinois
Brendan Smialowski/AFP via Getty Images

Delegates spend thousands to go to the Democratic National Convention

Aug 21, 2024
Attending the national convention as a delegate can be a once-in-a-lifetime experience, but it comes at a price.
Over 4,000 delegates to this year's DNC will have to pay their own way to the convention in Chicago, or fundraise to make the trip possible.
Win McNamee/Getty Images

Democratic National Convention not the pick-me-up hoped for by Chicago area businesses

Aug 21, 2024
Restaurants near the DNC taking place in downtown Chicago were hoping for a shot in the arm from the event, but some are discouraged.
Scott Olson/Getty Images

With Chicago in the spotlight during the DNC, how is the city's economy faring?

Aug 21, 2024
Chicago has one of the highest unemployment rates of any major U.S. city.
"More access to low-interest capital would help," said  Mary Aregoni, owner of Saigon Sisters restaurant in Chicago.
Nova Safo/Marketplace

The economics behind a new program protecting undocumented family members of U.S. citizens

Aug 21, 2024
Work permits can increase wages, workforce participation and job potential for undocumented immigrants.
Having immigration status tends to increase the wages of undocumented workers, according to the Dallas Fed's Pia Orrenius.
Drew Angerer/Getty Images

Remote work has been a boon for older workers with disabilities

And working from home expands job opportunities for people with disabilities of all ages.
"Telework expands employment options for all workers of all ages dealing with disabilities — and that includes older workers," said Marketplace's Chris Farrell.
MundusImages/Getty Images

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Community colleges drive rebound in higher ed enrollment

Aug 20, 2024
Training in high-tech and the skilled trades are attracting students' interest the most.
Veronica Tay, a laboratory technician at Middlesex Community College.
Carrie Jung/WBUR

Federal Reserve's path to 2% inflation could be short but tricky

Aug 20, 2024
Because data lags, the current level is uncertain. Plus, key factors like unemployment and the commercial property market are volatile.
The Fed may start cutting interest rates before inflation reaches its 2% target because data lags behind current conditions. It's like looking at the rearview mirror while driving.
Amy Toensing/Getty Images

Natural gas demand is down, but producers can't just turn off the tap

Aug 20, 2024
The U.S. has a lot of gas stored up this year, and prices are accordingly low.
Consumers didn't need as much natural gas to heat their homes last winter, the warmest in the contiguous United States on record. Above, people enjoy the 70-degree weather along Chicago's Riverwalk in February.
Scott Olson/Getty Images