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Legacy Topic: Economy

The Federal Reserve

It's time for the Federal Reserve's annual game of musical chairs

by Nancy Marshall-Genzer
Jan 29, 2019
The Fed presents a united front when it makes decisions, but not everyone on the Federal Open Market Committee has a say on interest rates.
People wait for a press conference after the Federal Open Market Committee meeting in Washington, D.C., in 2017.
Andrew Caballero-Reynolds/AFP/Getty Images
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Fertility and the economy

How immigration could help a shrinking American labor force

by Sabri Ben-Achour and Marketplace Staff
Jan 29, 2019
Young, productive workers "are the new scarce resource," one expert says.
Immigrants stand for the national anthem before becoming American citizens. Chris Farrell says that datasets often underestimate the positive impact immigrants have on the economy.
John Moore/Getty Images
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Congress to examine drug price hikes

by Erika Beras
Jan 29, 2019
Prescription drug prices have been rising over the past few years.
jorgeantonio/iStock/Getty Images Plus
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Government shutdown 2019

The shutdown cost the U.S. economy $3 billion, Congressional Budget Office says

by Kai Ryssdal and Maria Hollenhorst
Jan 28, 2019
"We think we'll be down about $3 billion of GDP," CBO Director Keith Hall says.
Congressional Budget Office Director Keith Hall testifies before the Senate Budget Committee on Jan. 24, 2018, in Washington, D.C.
Win McNamee/Getty Images
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Undocumented immigrants quietly pay billions into Social Security and receive no benefits

by Nina Roberts
Jan 28, 2019
How much? About $13 billion in 2016.
Blank Social Security checks are run through a printer at a U.S. Treasury printing facility.
William Thomas Cain/Getty Images
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Government shutdown 2019

Trump, Congress agree to end longest government shutdown

by Associated Press
Jan 25, 2019
Trump said he would sign legislation funding shuttered agencies until Feb. 15 and try again to persuade lawmakers to finance his long-sought wall.
President Donald Trump speaks about the government shutdown on Jan. 25, 2019, from the Rose Garden of the White House in Washington, D.C.
Alex Edelman/AFP/Getty Images
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Government shutdown 2019

The lasting effects of a record-breaking government shutdown

by Kimberly Adams
Jan 25, 2019
The experience has left local leaders re-examining their relationship with the government.
Mayors and U.S. Representatives in Washington, D.C., wait to speak during a press conference calling on President Donald Trump and Congress to end the shutdown on Jan. 24, 2019.
Andrew Caballero-Reynolds/AFP/Getty Images
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Fertility and the economy

Why declining birth rates are a phenomenon in developing countries

by Sabri Ben-Achour
Jan 25, 2019
As part of our mini-series on fertility, we talk to a demographer about why fertility rates are declining in developing countries.
As part of our mini-series on fertility, we talk to a demographer about why fertility rates are declining in developing countries. 
BassittART/Getty Images
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The most expensive home in U.S. history just sold for $238 million

by Janet Babin
Jan 24, 2019
But the New York City condo deal is an outlier in a real estate market that's cooling.
Hedge fund billionaire Ken Griffin has completed the purchase of a four-story penthouse at 220 Central Park South in New York for $238 million — the most ever paid for a home in the United States. 
Timothy A. Clary/AFP/Getty Images
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Government shutdown 2019

Some facts about the finances of furloughed federal workers

by Mitchell Hartman
Jan 24, 2019
As the partial government shutdown is about to enter its 35th day, here are a few facts about the hundreds of thousands of affected federal workers: The median income of a furloughed federal worker is about $67,000 a year, according to Sentier Research About 75 percent of those workers are working paycheck-to-paycheck, according to John Challenger […]
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