money

The Two-Way
8:07 am
Tue February 11, 2014

No Change In Fed Policy, Yellen Signals

Fed Chair Janet Yellen.
Jacquelyn Martin AP

Since every word that the head of the Federal Reserve utters is closely watched by those in the financial markets, it's worth noting that in her first appearance before Congress since being confirmed Fed Chair Janet Yellen plans to say Tuesday that:

"I expect a great deal of continuity in the FOMC's approach to monetary policy."

Read more
Planet Money
9:32 am
Thu September 26, 2013

Episode 371: Where Dollar Bills Come From

Robert Benincasa NPR

Originally published on Fri September 27, 2013 10:46 am

Every single dollar bill in the world — every $20, every $100, everything — is printed on paper made at one small mill in Massachusetts. That's been the case for 130 years.

On today's show, we visit the mill. And we hear the story of the guy who jumped out a hotel window to win the government contract to print all that paper.

Note: This episode was originally posted last year.

Read more
World Views
1:07 pm
Fri March 29, 2013

Winners and Losers in the Cyprus Financial Crisis

Protesters gather outside the Cyprus Parliament in Nicosia - March 22, 2013.
Credit urbanlegend / Flickr

Suzette Grillot and Rebecca Cruise discuss the financial crisis in Cyprus - March 28, 2013.

Banks in Cyprus are open for normal business for the second day, but with strict restrictions on how much money their clients can access, after being shut down for nearly two weeks to prevent people from draining their accounts as the country's politicians sought a way out of an acute financial crisis.

"They were weakened by the fact that they had too many investments in Greek companies," said Suzette Grillot. "So they've become another victim of the Greek financial crisis."

Read more