IMF lowers global outlook again

Jan 21, 2019
Christine Lagarde, chief of the International Monetary Fund, cautions that global growth is slowing down more than expected earlier. Click the audio player above to hear the full story.
International Monetary Fund Managing Director Christine Lagarde speaks at the Plenary session during the IMF/World Bank Annual Meetings Oct.13, 2017. 
Stephen Jaffe/IMF via Getty Images

Fed Gov. Lael Brainard on the longest shutdown in history

Jan 18, 2019
The economy has been "pretty healthy," she says, but the shutdown is one of the downside risks the Fed is watching.
"Every time that the economy gets to a shutdown or a debt limit, you really do sense that desire from Americans across the country for the government to function well, and to be predictable, and I think that's what we're seeing today. People want to go back to work. They want to get their paychecks. This is affecting communities all over the country," said member of the Federal Reserve Board of Governors Lael Brainard.
 
Stuart Isett/Fortune

H-2B visas need fixing, employers and immigration attorneys say

Jan 18, 2019
You’ve probably heard of H-1B visas. Those are the ones lots of tech firms use to bring in highly skilled workers from countries like India. Lesser-known but still vital to the economy are visas like the H-2A. Those are temporary, seasonal visas handed out to the people who help grow and harvest our food. Then there […]

Thousands of federal works file unemployment claims

Jan 18, 2019
More apply for benefits as the partial government shutdown drags on.
Albert Romero, 50, has filed for unemployment insurance while he waits to return to his job at the U.S. Department of Commerce in Boulder, Colorado.
Amy Scott/Marketplace

Shutdown could affect security clearances

Jan 18, 2019
Skip a bill payment, get bad credit. Get bad credit, lose your security clearance.
Social worker Pam Harrison holds a sign protesting the government shutdown at the James V. Hansen Federal Building on January 10, 2019 in Ogden, Utah.
Natalie Behring/Getty Images

Definition of an essential worker does a shutdown shift

Jan 17, 2019
Thousands of government employees are furloughed during this government shutdown.
Travelers are screened by Transportation Security Administration workers at a security check point at O'Hare Airport on June 2, 2015 in Chicago, Illinois.
Scott Olson/Getty Images

Small, medium business CEOs are losing a lot of confidence in the economy

Jan 16, 2019
Executives' confidence in the economy has fallen to pre-election levels.
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How the shutdown demonstrates small government

The government shutdown is providing Trump advisers with a demonstration of what a leaner, cheaper and smaller government might look like, according to reporting in the Washington Post. “They feel that the shutdown has shown them something,” said the Washington Post’s Lisa Rein, told Marketplace host Kai Ryssdal. “Which is, look, we haven’t collapsed, vital […]
The U.S. Capitol is seen as people walk and ski along the National Mall on the 23rd day of a government shutdown during a winter storm Jan. 13, 2019 in Washington, DC.
BRENDAN SMIALOWSKI/AFP/Getty Images

How the government shutdown is affecting federal employees who are veterans

Jan 15, 2019
The partial government shutdown left some 800,000 federal employees without a paycheck last week, and a lot of military veterans are among that number. Nearly a third of workers in federal executive branch agencies are veterans, and according to the Office of Personnel Management, they’re heavily concentrated in law enforcement departments, meaning that many of […]

As tariffs increase prices, are consumers noticing?

Jan 15, 2019
Last year, the Trump administration imposed new tariffs on roughly $280 billion worth of U.S. imports — everything from solar panels and washing machines, steel and aluminum, and about half of what we import from China. In response, Ford, Coca-Cola, Walmart and other large companies have warned about the impact of tariffs on their bottom […]
Cars are prepared for distribution at a Ford factory in Dagenham, England.
Carl Court/Getty Images