For decades, dollars have been the world's common financial language -- the "reserve currency." When financial markets tank, people have rushed toward the dollar for safety. It might be changing.
Mary Childs (she/her) is a co-host and correspondent for NPR's Planet Money podcast. Before joining the team in 2019, she was a senior reporter at Barron's magazine, where she covered the alternatives industry, the bond market and capitalism. Before that, she worked at the Financial Times and Bloomberg News. She's written about the pioneering of new asset classes like time, billionaire's proposals to solve inequality and diversity and discrimination in the finance industry. Before all that, she was also a Watson Fellow, spending a year traveling the world painting portraits. She graduated from Washington & Lee University in Lexington, Virginia, with a degree in business journalism and an honors thesis comparing the use and significance of media sting operations in the U.S. and India.
Thanks to the U.S. government's tradition of data transparency, there is a way to see exactly what money is going to government programs and agencies. O research group used it to create a widget.
Singapore's government said that its fertility rate has fallen to a record low. It's one of many industrialized countries trying to encourage its people to have more babies.