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Fed Reserve Slashes Interest Rates

Plummeting stock markets around the world are affecting Wall Street, the international economy and individuals in a variety of ways. Alex Chadwick talks with Marketplace's John Dimsdale and Gene Rooks, portfolio manager of a small investment club in Florida, about the sectors in danger.l

Then, Madeleine Brand speaks with Ed Cofrancesco, president of a stock brokerage firm, about how he sees the turmoil affecting the stock market.

Finally, Slate.com's Dan Gross examines the difference between a write-down and a write-off. A write-off is "when you have an expense you can write off against your profits," he says, while a write-down is "when a company has to reduce the value of an asset."

Copyright 2023 NPR. To see more, visit https://www.npr.org.

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SOMOS CONNECTICUT es una iniciativa de Connecticut Public, la emisora local de NPR y PBS del estado, que busca elevar nuestras historias latinas y expandir programación que alza y informa nuestras comunidades latinas locales. Visita CTPublic.org/latino para más reportajes y recursos. Para noticias, suscríbase a nuestro boletín informativo en ctpublic.org/newsletters.

The independent journalism and non-commercial programming you rely on every day is in danger.

If you’re reading this, you believe in trusted journalism and in learning without paywalls. You value access to educational content kids love and enriching cultural programming.

Now all of that is at risk.

Federal funding for public media is under threat and if it goes, the impact to our communities will be devastating.

Together, we can defend it. It’s time to protect what matters.

Your voice has protected public media before. Now, it’s needed again. Learn how you can protect the news and programming you depend on.

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