Henry Epp
Reporter at Marketplace
Reporter @marketplace Past: @vermontpublic, @nepublicmedia Born and raised in Minneapolis
Articles
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1 week ago |
marketplace.org | Henry Epp
Members of the Federal Open Market Committee will hold their fourth meeting of the year this week — that's the body that sets interest rates for the Federal Reserve. Chairman Jerome Powell and his colleagues will, like so many of us, try to figure out what exactly is going on in this economy.
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2 weeks ago |
marketplace.org | Henry Epp
Investors poured their assets into money market funds earlier this month — over $66 billion worth over a week, according to Reuters. That’s the largest inflow since early December 2024. At a moment when stocks and bonds are seeing plenty of volatility, money market accounts can be a relatively safe haven for investors. Money market funds typically invest in short-term securities — mostly federal and municipal bonds. In some cases, it also includes corporate bonds.
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3 weeks ago |
marketplace.org | Henry Epp
Movie theater chain AMC will show more ads ahead of feature films starting next month. It’s a reversal for one of the country’s largest theater chains, which had previously declined to join other theaters in sprinkling ads between movie trailers. AMC already plays some ads before its movies — usually before the previews. Now, it will offer advertisers a spot after the previews, right before the movie starts.
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3 weeks ago |
marketplace.org | Henry Epp
Economic activity in the service sector fell in May for the first time in nearly a year, according to new data out this week from a survey by the Institute for Supply Management. The ISM found business managers are starting to feel the effects of tariffs. Higher import taxes are trickling into the service sector. Even if they’re not selling goods, service companies have to buy goods to operate and a lot of those goods were subject to new tariffs last month.
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3 weeks ago |
marketplace.org | Henry Epp
The 50% tariffs on steel and aluminum imports to the U.S. take effect Wednesday. It’s the latest of President Donald Trump’s volley of tariffs — one that does not face the immediate threat of being overturned by the courts. The new import taxes could affect manufacturers that rely on steel and aluminum.
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