MarketplaceĀ®

Daily business news and economic stories
  • Markets are down slightly this morning, but Marketplace's Jeff Horwich says that stocks could see a big gain: because the downturn has investors seeing sale prices.

  • Julia Coronado, chief economist with the investment bank BNP Paribas, says we can't really resolve our debt problems without taking fewer retirement benefits and paying higher taxes

  • An outline of the United States against dollars represents U.S. finances and money.
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    How American consumers will be affected: most mortgages and credit card interest rates are tied to U.S. Treasuries. That means higher mortgage payments and credit card bills.

  • Investors still see the U.S. as creditworthy. But, they're turning their attention to worries over economic growth.

  • Marketplace's New York Bureau Chief Heidi Moore explains why Wall Street is more concerned with poor economic growth and a weak job market than the downgrade on U.S. debt

  • Chinese officials slammed the U.S. over debt and policy issues today, but reliance on U.S. bonds makes it nearly impossible for China to act on any of their harsh rhetoric

  • Europeans are more concerned about their own debt problems than the downgrade of U.S. debt. Marketplace's Stephen Beard explains.

  • Standard & Poor's global head of sovereign ratings David Beers comments on the ratings agency's decision to downgrade U.S. debt from AAA

  • The downgrade to U.S. debt means the American ego will take a hit, and consumer spending relies heavily on how we all feel about the economic outlook

  • Stricter rules on hours and quality have led to fewer truckers on the road. That was fine during the recession, but shipping loads are increasing with a recovering economy.