This is what the news should sound like. The biggest stories of our time, told by the best journalists in the world. Hosted by Michael Barbaro and Sabrina Tavernise. Twenty minutes a day, five days a week, ready by 6 a.m. Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. Listen to this podcast in New York Times Audio, our new iOS app for news subscribers. Download now at nytimes.com/audioapp
The Economy Is Booming. Or Is It?
The United States economy is in the middle of a record-long expansion. So why is the government deploying an economic weapon it last used during the 2008 financial crisis? Guest: Ben Casselman, who covers the economy for The New York Times. For more information on today’s episode, visit nytimes.com/thedaily.
Background reading:
- The Federal Reserve cut its benchmark interest rate for the first time in more than a decade as it tried to insulate the economy from President Trump’s trade war and a global slowdown.
- The quarter-point reduction is unlikely to get you a better mortgage rate. Here’s where you might see effects.
Unlock full access to New York Times podcasts and explore everything from politics to pop culture. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify.