Why our recovery is throwing emerging economies into a tizzy

As of yesterday, that's how much the Fed held on its books.

On Wednesday, the Federal Reserve announced it will cut its bond-buying program by $10 billion starting January. So what about this whole tapering thing? What’s it gonna mean for you and me and Aunt Mabel?

The long awaited move has come. The Fed says its going to cut its monthly asset purchases by $10 billion.

Some are worried the Fed will announce that it’s going to stop — or at least slow — its stimulative bond-buying program.

Heidi Moore from the Guardian and the Wall Street Journal's Sudeep Reddy join host Kai Ryssdal to look back at the week's business news and forward at where the economy is going after today's jobs report.

We don't know when the Federal Reserve will trim its bond-buying policies that boost the economy, but we do know that tapering that program will be intricate work.

Economists had expected the Fed to scale back its bond-buying program. Economists were wrong.