Archive for the ‘Finance’ Category

Stimulus Response   Leave a comment

Stimulus ResponseLink: https://www.npr.org/sections/money/2018/02/14/585844313/stimulus-response

Summary: What would a liberal economist say about the state of America’s economy today? THE INDICATOR discusses how the country’s economy may need some form of stimulus to boost further economic growth.  However, would the benefits of the short run stimulus for the economy that we say we need, outweigh the cost of the long-term tax cuts?

Original Air Date: February 14, 2018

Length: 6 minutes 30 seconds

Equifax Hack Brings Renewed Attention To The Credit Reporting Industry   Leave a comment

6777771283_63d40646df_oLink: http://www.npr.org/2017/10/13/557628589/equifax-hack-brings-renewed-attention-to-the-credit-reporting-industry

Summary: There are hundreds of millions of consumers who receive their credit reports from Equifax, but with the recent announcement of a cyber-security breach caused by hackers, what does that now mean for the agency? In this podcast, the Planet Money team discusses the roots of how the multi-billion-dollar industry came to be. One may think that the large hack will only pose a threat to individuals’ identities, but think about how it can negatively impact the economy as well.

Original Air Date: October 13, 2017

Length: 3 minutes 37 seconds

We Shouldn’t Stick Our Heads In The Sand, But We Do It Anyway   Leave a comment

ostrich effectLink: http://www.npr.org/2017/09/18/551901221/we-shouldn-t-stick-our-heads-in-the-sand-but-we-do-it-anyway

Summary: We all have experienced information aversion when it comes to information that provokes psychological pain. When the stock market crashes, do you continue to frequently check your portfolio, or ignore it completely since you anticipate future losses? If you chose to put your portfolio to the side, this exemplifies “the ostrich effect”. This term comes from not birds, but investors. Hidden Brain discusses how information aversion is associated with people avoiding information that is unpleasant. While we know that ignorance can be bliss, knowledge is power.

Original Air Date: September 18, 2017

Length: 26 minutes 41 seconds

 

 

Fed’s Departing Vice Chair On Stocks, The Federal Debt And Transparency   Leave a comment

Link: http://www.npr.org/2017/10/11/556973877/fed-s-departing-vice-chair-on-stocks-the-federal-debt-and-transparency

Summary: In this podcast, economics meets finance. We learn how Stanley Fischer, the departing vice chair of the Fed, connects interest rates to the stock market, how he views the level of transparency of the Fed, and we learn his input on how the country’s economy has been functioning as a whole.

Original Air Date: October 11, 2017

Length: 5 minutes 28 seconds

As cigarette sales shrink, so do tobacco settlement payouts to states   Leave a comment

Link: http://www.marketplace.org/2016/04/14/life/fewer-smokers-means-looming-defaults-state-bonds

Summary: In 2016 states collected over $25 billion from tobacco settlements. Marketplace looks at the  criticisms of how that money is  allocated and what states will do when that money runs out.

Original Air Date: April 15, 2016

Length: 6 minutes 59 seconds

A Report From the Land of Quarterly Profits and Losses   Leave a comment

Yahoo! Reports Drop In Profit But Rise In Sales In Q2Link: http://wwno.org/post/04192017-report-land-quarterly-profits-and-losses

Summary: In this marketplace podcast, they discuss the latest earnings of Yahoo, IBM and Volkswagen.  Marketplace also introduces two cities that are changing; New York City and Pittsburgh.  New York City is looking to disallow employers from asking candidates about past salary, and Pittsburgh is trying to shake the “Steel City” nickname for “Robo-burgh”.

Original Air Date: April 19, 2017

Length: 6 minutes 50 seconds

Jubilee! (?)   Leave a comment

2509857120_5f43d4858b_o-28875f634cdecb828ccaaa98c667017dcce48e7c-s1600-c85.jfifLink: http://www.npr.org/sections/money/2016/12/23/506763952/episode-587-jubilee

Summary: After Iceland was hit hard by the financial crisis, Icelanders with mortgage loans were drowning in debt.  Recognizing the outrage, the Progressive Party of Iceland capitalized and offered to clear everyone’s debt.  Planet Money discusses Iceland’s use of a biblical event called jubilee and the results.

Original Air Date: December 23, 2016

Length: 20 minutes