Economy & Business

Business news

The stock market has been on quite a run since the election. The workings of the Federal Reserve have indeed had an impact on the economy, investors and companies. But recent comments from the Treasury secretary suggest that continued stock successes hinge on tax reform. Most Wall Street analysts will tell you something quite different.

Click the audio player above to hear the full story.

They are at it again. Millennials are breaking down yet another workplace taboo: talking about salaries. Americans 18 to 36 years old said they discuss their pay with their family, friends and co-workers, according to a new survey from The Cashlorette, a Bankrate company.

While that sounds like an opportunity he wouldn't pass up, President Donald Trump is reportedly considering five economists for Fed chair, including current Chair Janet Yellen. Politico's Ben White takes us through the list of potential candidates, weighing them against what Trump is looking for: someone he can relate to and influence, and someone who won't raise rates as he enters the re-election period. All eyes should really be on China right now, where the Communist Party Congress opened today.

(Markets Edition) The markets keep hitting new highs. Is this bullish sentiment or are actual profits pushing these stock prices? Susan Schmidt from Westwood Holdings Group stopped by to discuss earnings season, in which the big banks have reported better-than-expected earnings. Afterwards, we'll go back 30 years to revisit the markets when they weren't doing so well. On Oct. 19, 1987, the stock market suffered its biggest single-day drop in U.S. history, and it turns out that in 2017, our regulatory system and circuit breakers might not be enough to prevent a similar decline.

Can we get a critical mass of women in tech within a decade?

Oct 18, 2017

Silicon Valley has a gender problem, one that many of the largest technology companies have said they want to fix. But how do you hire more women if they've already been discouraged from pursuing tech and engineering when they were in school? And how do get young women and girls interested in coding before they start their careers if they don't see other women in those jobs already?

A job isn’t always just a job – sometimes it is a way of life. This story is part of a series exploring what it means when jobs define several generations and are part of the very fabric of a community.

On the shore of Deadfish Lake on the reservation of the Fond du Lac Band of Lake Superior Chippewa this fall, Ed Jaakola and Jerrad Ojibway scooped handfuls of wild rice from the bottom of their canoe into big plastic bags.

(U.S. Edition) President Xi Jinping delivered a big speech today to kick off China’s Communist Party Congress, which happens twice a decade. We'll look at the economic policies Jinping is expected to focus on during the event. Afterwards, we'll speak with author Diana Henriques about Black Monday, the stock market's biggest single-day drop in U.S. history. She shares some of the lessons that America still needs to learn from that event. 

Xi urges stronger Chinese stand against "grim" challenges

Oct 18, 2017

BEIJING (AP) — Chinese President Xi Jinping on Wednesday urged a reinvigorated Communist Party to take on a more forceful role in society and economic development to better address "grim'' challenges facing the country as he opened a twice-a-decade national congress.

Speaking in the massive Great Hall of the People near Tiananmen Square, Xi laid out his vision of a ruling party that serves as the vanguard on everything from defending national security to providing moral guidance to ordinary Chinese.

Here's why we shouldn't forget about the crash of '87

Oct 18, 2017

On Oct. 19, 1987, the stock market dropped 22.6 percent.

In other words, that's twice as bad as the worst day of 1929, worse than any single day in 2008 and the equivalent to the Dow dropping 5,000 points now.  

Copyright 2017 NPR. To see more, visit http://www.npr.org/.

DAVID GREENE, HOST:

10/18/2017: A 'new era' for China's economy

Oct 18, 2017

(Global Edition) From the BBC World Service ... Revitalizing the Chinese economy has been a key part of President Xi Jinping’s leadership, but some say those efforts have come up short. Can his promise of a “new era” in Chinese politics fire up the nation’s growth engine? Afterwards, we’ll discuss the rural and urban divide in Shanghai and why upward mobility is so difficult to achieve there.

10/18/2017: Imagining romance with a robot

Oct 18, 2017

Ever since we started imagining robots, we’ve pictured them looking like humans. There are researchers who think androids are going to a part of our future. They’re developing robots that could become our caretakers, best friends and maybe even our lovers. Marketplace Tech’s Molly Wood talks with author Alex Mar, who profiled a designer who studies human intimacy and interaction with robots.

Copyright 2017 NPR. To see more, visit http://www.npr.org/.

STEVE INSKEEP, HOST:

If you've ever put in eyedrops, some of them have almost certainly spilled onto your eyelid or cheek.

The good news is the mess doesn't necessarily mean you missed. The bad news is that medicine you wiped off your face is wasted by design — and it's well-known to the drug companies that make the drops.

Two security officers who were caught on video in April forcibly removing a passenger from a United Airlines flight in Chicago were fired after the incident that sparked widespread public outrage.

Pages