Banks are magic – they create money out of thin air. They do it for their own good, of course. But by helping themselves they're actually helping…

How credit agencies work from Marketplace on Vimeo. Here's how I look at it. Imagine a house, full of medical students, none of whom have a …

If the U.S. economy were an airport, the debt-ceiling debate on Capitol Hill is like a dark cloud causing flight delays, says Senior Editor Paddy Hirsch in his latest Whiteboard video

Paddy Hirsch returns to the Whiteboard to explain the history of the Mae Family Tree. The fate of Fannie Mae and Freddie Mac, the government-spo…

While fears of a double-dip recession have receded in the U.S. for now, there's still some talk about a double-dip recession striking other markets around the world. Paddy Hirsch explains what a double dip is, and what it might look like.

The Federal Reserve is trying to stimulate the economy by buying billions of dollars worth of bonds from banks. Senior Editor Paddy Hirsch explains how that's supposed to work.