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What a rate cut means (and doesn’t mean)
Jul 29, 2019

What a rate cut means (and doesn’t mean)

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A view of the Federal Reserve building in Washington, D.C. Photo by Brendan Smialowski / AFP
The Federal Reserve is widely expected to cut interest rates for the first time since 2008. Does that mean a recession's on the horizon? Plus: the fight over who gets to sell cancer drugs and the uncomfortable feelings that can happen when your parents control your money.

Segments From this episode

The battle over who gets to sell pills for cancer treatment

by Blake Farmer
Jul 29, 2019
Doctors are challenging pharmacy middlemen over who can fill prescriptions.
Philippe Huguen/AFP/Getty Images
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Automatic Reply

Automatic Reply: "I'm not bitter"

by Maria Hollenhorst
Jul 29, 2019
When Steve Heyl goes on vacation, his email software gets a voice.
When Steve Heyl went on a cruise, he left his autoresponder software behind.
Graeme Robertson/Getty Images
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Global slowdown could hold back U.S. economy

by Mitchell Hartman
Jul 29, 2019
In setting U.S. monetary policy, the Fed is eyeing the global impact of trade wars and other economic troubles.
A man looks at a screen showing global stock market information on the street in Tokyo on in 2015.
Chris McGrath/Getty Images
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"Recession" doesn't have to be a scary word

by Jack Stewart
Jul 29, 2019
The “R” word means different things to different people, depending on their experiences.
A distressed trader working on the floor of the New York Stock Exchange on Oct. 7, 2008 — the day the Dow closed down more than 500 points.
Mario Tama/Getty Images
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Music from the episode

Life in the Tropics Cienfue
Crystalised The xx
Cómo Me Quieres Khruangbin
Windchimes Eyeliner
Be Good 2 Me LUXXURY

The team

Nancy Farghalli Executive Producer
Maria Hollenhorst Producer II
Sean McHenry Director & Associate Producer II

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Fed cuts rates by quarter percentage point — and rips up playbook for next year
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Low mortgage rates make owners feel locked in — and leave buyers in the cold
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