The statistics say everything is fine with the American economy. But ask most people on the street, and they'll tell you the economy is only so-so. Commentator and economist Glenn Hubbard thinks he has an answer.
The government's snapshot of the labor market released today wasn't pretty. Employers last month did a whole lot less hiring than expected. It was enough for some economists to use the term "inflection point." Scott Tong explains.
The US unemployment rate hasn't been this low in five years, but wages grew at a slower pace and the hiring rate declined too. Is the economy cooling? Hillary Wicai reports.
At least a lot of us do. Most retailers today reported higher-than-expected sales for May. But those numbers might not stand up to a closer look. Amy Scott reports.
OPEC ministers today are expected to ignore pleas from Venezuela to cut oil production. Alisa Roth looks at the supply and demand issues behind the decision.
Life is hard enough without having to decipher everything. Each week, Marketplace Money brings you a word or a phrase that has bubbled to the top of the news. For instance, Euronext. You hear it, you see it, but do you really know it?
We always hear about analyst predictions before the release of economic data. But who are these analysts and why do their predictions matter? Amy Scott reports.
New home sales rose 4.9% last month. But the housing market is showing signs of strain. The price of homes sold last month dropped at the same time the number of unsold homes rose to a record high. Tess Vigeland reports.
Wall Street and overseas markets have taken investors on a bumpy ride lately. Marketplace business editor Cheryl Glaser reports there could be more turbulence ahead.