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After the hurricane in Jamaica, the government had a pot of money to help rebuild. A Catastrophe Bonds payout. We explain how it works and why Cat Bond popularity is on the rise as a response to climate change.
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Kirk Siegler/NPRPresident Trump says he's sending $12 billion in aid to American farmers who are reeling from global trade disruptions. Those include inflation and Trump's tariffs that are making fertilizer and farm equipment more expensive, and the President's trade war with China which closed a huge market for American soybean exports.
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NPR's Michel Martin speaks with Mark Zandi, chief economist at Moody Analytics, about the Federal Reserve's decision to cut interest rates and what it means for consumers.
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The Federal Reserve voted to cut its benchmark interest rate on Wednesday. This was the Fed's third rate cut since September, but policymakers signaled they expect to make fewer rate cuts next year.
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Among the most hotly debated topics in economic policy these days is a wealth tax on billionaires — a levy targeting the total value of assets held by the ultra wealthy, instead of their income. -
The precious metal, which has doubled in value since the start of the year, is now outpacing the growth of gold.
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New York Times financial columnist Andrew Ross Sorkin draws parallels between the stock market crash of 1929, which led to the Great Depression, and today's economic uncertainty.
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The divided Federal Reserve is considering cutting interest rates today. And, Afghans in the U.S. who fought for the CIA say they feel abandoned by the agency. -
The Fed lowered its benchmark interest rate by a quarter percentage point, in an effort to shore up a weakening job market. With inflation remaining stubbornly high, it was not a slam dunk decision. -
How an obscure term used in anthropology leaped from the pages of academia into the Chinese meme world and then became part of Chinese government policymaking. -
Trump travels to Pennsylvania to discuss America's affordability. And, Indiana lawmakers to vote on a congressional map that may eliminate the state's last two Democratic seats.
