Economics & Economy

Tony Wagner

We do the numbers every day around here. But on this week's "Make Me Smart with Kai and Molly," we got a listener question about the numbers, specifically, data created and distributed by the federal government.

Snap, the parent company of the social network Snapchat, laid out a preliminary valuation for its highly anticipated IPO today in a regulatory filing with the Securities and Exchange Commission.

The maker of the disappearing-photo application puts its market value in the range of $16 billion to $18.5 billion. This is down considerably from the $25 billion it was initially predicting.

Still, that is quite a chunk of change for a company that is only five years old. But how exactly do investors set a price on a company like Snap?

My Economy: The expensive side of working gigs

Feb 16, 2017
Robert Garrova

For this latest installment of our series My Economy, we hear from Tom Trimbath in Clinton, Washington. Trimbath's work includes freelance writing and consulting.

There was a time when a North Korean missile launch, a Russian spy boat, a resigned national security adviser and a couple of disastrously rolled out executive orders might have been very bad news for Wall Street and stock prices.

How small is too big to fail?

Feb 16, 2017

President Donald Trump has said he wants to roll back much of the Dodd-Frank financial reform law that Congress passed after the financial crisis. Smaller regional banks have honed in on one part of Dodd-Frank they would like to change: the rule on how big a bank has to be for it to be considered systemically important. In other words, too big to fail. It's a topic Janet Yellen was asked about during her testimony this week on Capitol Hill and a debate that’s gaining strength in Washington.

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