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Marketplace focuses on the latest business news both nationally and internationally, the global economy, and wider events linked to the financial markets. It is noted for its accessible coverage of business, economics and personal finance.

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Economy

A Silicon Valley Bank sign is shown in San Francisco
Courts & Law

Class action suit filed against Silicon Valley Bank parent

The lawsuit is looking for unspecified damages to be awarded to those who invested in SVB Financial Group between June 16, 2021 and March 10, 2023.

3 years ago

Full length young woman and man climbing red bar graph together against white background
NPR
Money

It’s Equal Pay Day. The gender pay gap has hardly budged in 20 years. What gives?

Tuesday is Equal Pay Day: March 14th represents how far into the year women have had to work to catch up to what their male colleagues earned the previous year.

3 years ago

The Federal Reserve has made funds available to other banks in an effort to prevent any other collapses in the financial industry. (Alex Wong/Getty Images)
NPR
Money

What to know about the Silicon Valley Bank collapse, takeover and fallout

Silicon Valley Bank is the largest U.S. bank to fail since the 2008 global financial crisis.

3 years ago

Building 21 in Philadelphia
Politics & Policy

Philly lawmakers call for more state funding to fix city schools

A group of lawmakers says city schools need $5 billion for repairs. They want to use some of the state’s budget surplus to fund the projects.

3 years ago

A worker (center) tells people that the Silicon Valley Bank (SVB) headquarters is closed
NPR
Money

The U.S. takes emergency measures to protect all deposits at Silicon Valley Bank

Federal officials made the emergency announcement Sunday amid panic from depositors over the state of uninsired deposits.

3 years ago

Treasury Secretary Janet Yellen arrives for a hearing on Capitol Hill on March 10
NPR
Politics & Policy

Janet Yellen says the federal government won’t bail out Silicon Valley Bank

The California lender was taken over by regulators after a "run" on the bank. The Treasury secretary says the U.S. won't come to the bank's rescue like it did for others in th

3 years ago

Bede Jordan and Stefan Kalb pose for a photo in front of a brick wall.
NPR
Money

Silicon Valley Bank failure could wipe out ‘a whole generation of startups’

The implosion of Silicon Valley Bank could force hundreds of tech startups to lay off workers or shut down completely.

3 years ago

Crystal Clyburn has her blood pressure taken at a table outdoors.
NPR
Health

High inflation and housing costs force Americans to delay needed health care

Close to 40% of surveyed Americans, a record high, put off medical care last year because of finances.

3 years ago

President Joe Biden speaks about his 2024 budget proposal at the Finishing Trades Institute, Thursday, March 9, 2023, in Philadelphia
Politics & Policy

Biden lays out his budget plan, challenges GOP to follow suit

Biden chose a union training center in Philadelphia to lay out his new 10-year budget proposal and challenge congressional Republicans to release their own spending blueprint.

3 years ago

Millions of households across 32 states and the District of Columbia are receiving far less in SNAP benefits this month as Congress unwinds pandemic-era assistance. (Brandon Bell/Getty Images)
NPR
Money

What SNAP recipients can expect as benefits shrink in March

More than 80% of SNAP beneficiaries are working families, people with disabilities, or elderly people, according to the U.S. Department of Agriculture.

3 years ago

An illustration of four hands reaching for a check on a pedestal
Politics & Policy
Spotlight PA

Budget negotiations will determine fate of shrinking rebate program for older Pennsylvanians

Lawmakers have just a few months to pass legislation that would expand the shrinking rebate program.

3 years ago

President Biden speaks to the International Association of Fire Fighters at a conference in Washington
NPR
Politics & Policy

Biden says his budget plan would extend Medicare to 2050 without adding to the deficit

President Biden is proposing to raise taxes on people who make more than $400,000 per year to make sure there's enough money for Medicare.

3 years ago

President Joe Biden delivers remarks to the 2023 International Association of Fire Fighters Legislative Conference, Monday, March 6, 2023, in Washington
Politics & Policy

Biden’s budget and political messages blending for 2024

His trip to Philadelphia on Thursday is a sign that the president’s budget proposal will be a form of political messaging, not just an outline of the government’s finances.

3 years ago

President Joe Biden speaks outside Independence Hall, Thursday, Sept. 1, 2022, in Philadelphia. (AP Photo/Evan Vucci)
Politics & Policy
6abc

President Biden to present federal budget plan during trip to Philadelphia this week

This will be Biden's first budget proposal since Republicans took the majority in the House.

3 years ago

Gov. Josh Shapiro gestures as he speaks at a podium.
Politics & Policy
Spotlight PA

What to expect from Pa. Gov. Josh Shapiro’s first budget proposal

Shapiro will lay out his full budget plan Tuesday in Harrisburg.

3 years ago

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