Jonnelle Marte

Washington, D.C.

Reporter covering personal finance
Jonnelle Marte covered personal finance for The Washington Post. She left The Post in August 2019.
Latest from Jonnelle Marte

Manufacturing sector contracted for the first time since 2009, data show

A contraction in manufacturing is significant because it can have large ripple effects across the economy.

August 22, 2019

With deficit rising, worries grow the U.S. may be out of tools if recession hits

The growing deficit also comes as budget experts expect the economy to slow down.

August 21, 2019

Federal Reserve officials were divided on whether to cut rates, meeting minutes show

The president pressured Federal Reserve Board Chair Jerome H. Powell to make deeper rate cuts, but most Fed officials want to see more data before rolling out further reductions.

August 21, 2019

The upside-down economy: Some banks want the rich to pay to deposit money

The shift toward negative interest rates in some parts of Europe comes as central banks step up efforts to spark stagnant economies.

August 20, 2019

3 out of 4 economists predict a U.S. recession by 2021, survey finds

The findings reflect growing skepticism that the U.S. economy will be able to withstand a protracted trade war without serious harm amid a weakening global outlook.

August 19, 2019

GE stock rebounds as investors push back against report’s fraud allegations

Several analysts and investors express confidence in CEO Lawrence Culp to turn the company around.

August 16, 2019

General Electric shares plunge after report alleges it’s a ‘bigger fraud than Enron’

A whistleblower who warned regulators about Bernie Madoff released a report alleging that General Electric is short on cash and hiding $38 billion in losses.

August 15, 2019

Recession watch: What is an ‘inverted yield curve’ and why does it matter?

The yield curve has inverted before every U.S. recession since 1955, suggesting to some investors that an economic downturn is on the way.

August 14, 2019

Citizens line up for Mississippi jobs but fear the impact of ICE raids

The workers’ efforts to explore jobs at the meatpacking plants go against the notion that Americans have no interest in the gritty jobs often held by undocumented workers.

August 13, 2019

Missouri Walmart scare ends without any shots fired but reflects retailers’ new reality

Though rare, active-shooter incidents are increasingly part of the grim calculus that businesses must reflect in their planning, training and risk assessments.

August 9, 2019