Chris Farrell

In this discussion, Chris Farrell, a Senior Economics Contributor for Marketplace, dives deep into the harsh realities of living on Social Security. He highlights that without it, a staggering 37% of older adults would face poverty. Chris shares the story of James Chavez, a retiree in Durham, emphasizing how his $1,200 monthly benefit struggles to cover basic needs amid rising costs. The conversation also touches on the Consumer Financial Protection Bureau's new humility pledge and insights into consumer spending trends this holiday season.

Savannah Peters, a Marketplace reporter covering community development finance, discusses the uncertain future of the CDFI fund and its impact on lenders. Daniel Ackerman dives into the management shake-ups at Six Flags, exploring how these changes and weather challenges threaten park attendance. Meanwhile, Chris Farrell highlights the crucial role of Social Security in supporting families, profiling how benefits helped a grandmother navigate raising her grandchildren. Together, they dissect the industry's struggles and solutions.

Chris Farrell, a senior economics contributor for Marketplace, dives into the changing landscape of university research funding. With federal cuts looming, institutions are pivoting to monetize innovations through startup spin-offs. He highlights Minnesota’s TechCom initiative, which has successfully backed 26 startups and aims to expand support for university inventions. The conversation also touches on the hiring pullback in small businesses, India's privacy concerns regarding smartphone surveillance, and mixed signals of optimism among younger consumers.

Chris Farrell, a senior economics contributor for Marketplace, dives into the shopping frenzy as Black Friday kicks off the holiday season. He discusses the contrast between big retailers and the surge of support for local businesses during Small Business Saturday. On a more personal note, Chris shares the poignant story of Heather Hill, who received vital survivor benefits after her husband's passing, illustrating how Social Security can be a crucial lifeline for grieving families. The conversation highlights empathy for small businesses amidst economic uncertainty.

Savannah Peters, a Marketplace reporter focused on the CDFI Fund, discusses the uncertainty surrounding funding and its impact on local lenders. Daniel Ackerman explores the challenges facing Six Flags, including new CEO John Reilly's potential to revitalize ticket sales amidst industry struggles. Chris Farrell highlights the critical role of Social Security benefits for grandparents raising grandchildren, showcasing how these funds provide essential support in their caregiving journeys. Together, they weave a narrative of community resilience and corporate change.