For Ukraine, IMF delivers a gift with strings

Dec 25, 2018
You know Dasher and Dancer and Prancer and Vixen. How about the International Monetary Fund? The global financial lender is about to deliver to Ukraine the first installment of almost $4 billion in low-interest loans approved last week. It’s a complicated Christmas present, and there are conditions attached. Click the audio player above to hear […]
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Can Trump fire Fed Chair Jerome Powell?

The president isn’t happy with the Federal Reserve’s interest rate hikes.
President Donald Trump looks on as his nominee for the chairman of the Federal Reserve, Jerome Powell, speaks during a press event at the White House last year.
Drew Angerer/Getty Images

Why consumers and retailers alike love gift cards

Dec 24, 2018
There’s even something in there for the government.
 That wall of different gift cards hanging on hooks at the end of a drugstore or grocery story aisle actually has a name: the gift card mall.
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Ahead of tax season, accountants are scrambling to understand the new law

Dec 21, 2018
It's been a year since Congress passed the $1.5 trillion tax overhaul. And there is still a lot accountants and lawyers don't understand about it.
Accountants are putting in long hours in order to understand the tax bill that was signed into law Dec. 22, 2017.
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Here's why consumer sentiment is positive even while markets are tanking

Dec 21, 2018
By some economic measures, this has been a rough December. Stock prices? Falling. Markets? Volatile. Government? Might shut down. Interest rates? Gnashing of teeth. Recession coming? In the conversation. Consumers’ outlook on the economy? Improving. Wait, what? It’s true. Consumer sentiment rose in December. Why? Click the audio player above to hear the full story.

For public good, not for profit.

After a strong year, GDP likely headed for a dip in 2019

Dec 21, 2018
Despite the drama around the Federal Reserve hiking interest rates, financial markets gyrating and stock indexes tanking, we got a snapshot of the whole economy this morning. The final reading on third-quarter gross domestic product was slightly lower than expected at a 3.4 percent annual growth rate. Marketplace’s Mitchell Hartman explains why this year’s very strong […]