Marketplace®

Daily business news and economic stories
Episode 793Oct 14, 2022

We’re still in a bear market, folks

Let’s do the numbers.

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NEW YORK, NEW YORK - OCTOBER 13: Traders work on the floor of the New York Stock Exchange during afternoon trading on October 13, 2022 in New York City. U.S. stocks rose dramatically after falling to their lowest levels since 2020, recovering from a 500-point drop earlier in the day. (Photo by Michael M. Santiago/Getty Images)
NEW YORK, NEW YORK - OCTOBER 13: Traders work on the floor of the New York Stock Exchange during afternoon trading on October 13, 2022 in New York City. U.S. stocks rose dramatically after falling to their lowest levels since 2020, recovering from a 500-point drop earlier in the day. (Photo by Michael M. Santiago/Getty Images)

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Despite the latest inflation numbers, the stock market had a great day today. We even got to play the happy, jazzy music on “Marketplace.” But that doesn’t mean we’re out of bear market territory. We’ll explain. Plus, guest host Samantha Fields talks about the big changes to a popular student loan program. (No, not President Biden’s student debt relief.) And, tastier beer?

Here’s everything we talked about today:

If you’ve got a question for the hosts, call us and leave us a voicemail. Our number is 508-U-B-SMART. You can also send an email to makemesmart@marketplace.org

The Team