Economics & Economy

The Environmental Protection Agency announced today that it’s locking in car fuel efficiency standards set four years ago, in advance of the incoming Trump administration. The plan requires automakers to more than double their fleet-wide fuel efficiency by 2025. While a key part of President Obama’s legacy, the regulation is not all popular with the automobile industry.

For banks, there’s a delayed benefit to rising rates

Jan 13, 2017

Interest rates are rising, which tends to be good news for banks. But it looks like it'll take a little longer for them to see the benefits. In earnings announcements today, several big banks, including Bank of America, reported flat or only slightly higher margins on interest rates. So when can the banks expect to cash in?

Hayley Hershman

No matter who you are, you've probably had a rough day at the office that changed your perspective, or maybe you made an impulse purchase you really, really wish you could take back. This week, Chris Thile, the host of "A Prairie Home Companion," took our money-inspired personality questionnaire.

You can catch "A Prairie Home Companion" on your local public radio station.

Fill in the blank: Money can't buy you happiness but it can buy you ______

Lizzie O'Leary

This week, President-elect Donald Trump held his first press conference since July, and answered questions about his plans for his businesses. 

The brief gist: he says he's handing over control of the Trump Organization to his older sons and a business associate and putting his assets into a trust. Trump says no new foreign deals will be made, but new domestic deals are allowed and the President-elect can look at an overall profit and loss statement.

The changing balance of US-Russia relations

Jan 13, 2017
Lizzie O'Leary and Eliza Mills

In the past few weeks, there's been a lot of news about Russia, from the DNC hacking, to the intelligence community's conversations with President elect Trump about the Kremlin.

President Obama recently issued new sanctions against against the country, and ejected 35 Russian diplomats from the United States. 

To get a better sense of the economic and political relationships between the U.S. and Russia and what might change, Marketplace Weekend reached out to Matthew Rojansky, Director of the Kennan Institute at the Wilson Center.

Pages