Hosted by Kai Ryssdal, our flagship program is all about providing context on the economic news of the day. Through stories, conversations and newsworthy numbers, we help listeners understand the economic world around them.
We begin today with a number, a relatively simple number that brings with it meaning for everybody in this economy who has debt: 3 percent. That's the interest rate that the government's 10-year Treasury note is getting really close to, for the first time since January 2014. In isolation, it's not a huge deal, but in the context of the low-rate environment, it's really something. We'll start today by explaining all the hype. Then: What you need to know about French President Emmanuel Macron's visit to Washington, and a follow-up to that hefty fine the government hit Wells Fargo with last week. Plus: Horror movies are back from the dead, making big money on small budgets.…read more