Oct 12, 2017

10/12/2017: America’s retail crisis through the eyes of two workers

Macy's third-quarter earnings showed declining sales. Scott Olson/Getty Images

(Markets Edition) We may get a new Federal Reserve chair soon, according to Treasury Secretary Steve Mnuchin. Not on the shortlist: current chair Janet Yellen. Diane Swonk, CEO of DS Economics in Chicago, joined us to discuss who the final contenders are and how the markets might react if they're chosen. Afterwards, we'l look at how two retail workers on opposite sides of the country are coping with America's retail crisis.

Segments From this episode

It's hard being a retail worker in this economy

by Marielle Segarra

Oct 12, 2017

With 31,000 jobs cut in a year, even those still employed wonder how long they can hang on.

People walk by a Sears store in a nearly empty shopping mall on March 2017 in Meriden, Connecticut.

Spencer Platt/Getty Images

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(Markets Edition) We may get a new Federal Reserve chair soon, according to Treasury Secretary Steve Mnuchin. Not on the shortlist: current chair Janet Yellen. Diane Swonk, CEO of DS Economics in Chicago, joined us to discuss who the final contenders are and how the markets might react if they’re chosen. Afterwards, we’l look at how two retail workers on opposite sides of the country are coping with America’s retail crisis.