Marketplace

Monday - Friday 6 PM - 6:30 PM, (& Saturday 9 PM - 10 pm on HD-4)

Hosted by Kai Ryssdal, Marketplace is public radio’s daily magazine on business and economics “for the rest of us.” This 30 minute program with an irreverent reporting style of its own, boasts the largest audience for any business program in the U.S. on radio, cable or network television.

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When mortgages hit the roof

3 hours ago

It’s become more expensive to borrow money for a house or condo.

The average 30-year fixed-rate mortgage has climbed to 4.9 percent — the highest rate in seven years, according to data from Freddie Mac. However, over the past several decades, rates below 5 percent haven’t been the norm. They started dipping below that figure in the late 2000s, eventually bottoming out at 3.31 percent in November 2012. 

Trade consultants get a boost from tariff tensions

4 hours ago

The tit-for-tat tariff war between China and the United States has been bad news for lots of importers in this country. In the last few months, the Trump administration has published three lists of products made in China that now carry 10 percent tariffs, and that could go up to 25 percent on January 1. Companies are struggling with whether to pass that cost onto customers, swallow it or do something else. And there are options out there if you know whom to ask. Trade consultants have seen their business rise lately along with importers' woes. 

(Markets Edition) The volatile nature of the markets, especially this week, can take a mental toll on anyone paying attention. It hasn’t been this active since February, so we talked to market pro Barry Ritholtz, founder of Ritholtz Wealth Management, about it. Then, despite all the news of trade tensions between China and the U.S., China actually has a trade surplus with the U.S. Nancy Marshall Genzer has more.

Mortgage rates hit highest level in 7+ years

8 hours ago

It’s getting more expensive to get a mortgage. Data out this week from Freddie Mac shows the average 30-year fixed-rate mortgage is 4.9 percent. That’s the highest it’s been in seven years. What does that mean for prospective home buyers? 

 

(U.S. Edition) The Dow’s roughly 1400-point drop this week seemed to have a ripple effect across the global markets as well, but now things appear to have settled down as of Friday morning. We talk to Barry Ritholtz of Ritholtz Wealth Management on how to deal with this kind of activity day-to-day. Then we check in with columnist and ProPublica editor Allan Sloan about the role of interest rates in the ongoing tale of President Trump and his blaming of the Federal Reserve for the market issues this week.

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