Why This Recession Will Be Different

SpaceX, Elon Musk’s rocket and satellite maker, is set to go public and begin selling shares as soon as next week. Ryan Mac, who reports on business, explains the plan for the company’s expected record-shattering debut on the stock market, and how it is changing the rules for inv ...  Show more

In the lead-up to America’s 250th anniversary, President Trump is spending hundreds of millions of dollars on a major renovation of the nation’s capitol. David A. Fahrenthold, who has been investigating how the projects have come together, takes listeners on a walking tour of the ...  Show more

Around the world, debt is skyrocketing - and rising interest rates are making it unsustainable. In this first part, Ben Norton discusses the impending crisis in the United States, before explaining in part two how Wall Street traps the Global South in debt. VIDEO: https://youtube ...  Show more

Inflation has hit a 40-year high in the U.S., driving up the cost of everything from groceries to housing. As the Fed prepares to raise interest rates, here’s what to watch out for.

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In December, inflation hit a staggering 7 percent. ...

The Federal Reserve has spent more than a decade buying up government debt as part of a post-2008 program to support the economy, also known as quantitative easing. Now with inflation reaching record highs, those days are over, and a new era of quantitative tightening is emerg ...

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The mainstream emphasis on Treasury auctions is, like so many of these things, completely misplaced. It's not just misplaced, even the worst Treasury auctions don't actually matt ...