And let's talk about one more bright spot in the American economy - anything that is wrapped in bacon.
Today's last word in business is the double bacon corn dog.
DAVID GREENE, HOST:
Yeah. Vendors at the Iowa State Fair delighted - or disgusted - consumers when deep-fried butter made its debut last year. Well, this year, Campbell's Concessions took a hotdog, wrapped it in bacon, dipped it in corn batter, which is infused with even more bacon, and they dropped it, where else, into a deep fryer.
Exports of goods and services have been one of the bright spots in the lackluster U.S. economy lately. Exports have been growing much faster than almost anything else. But, economies around the world are now slowing.
And to find out what that means for U.S. exports and jobs, we turn, as we often do, to David Wessel, economics editor of The Wall Street Journal.
Refinance activity continues to boom, fueling the home-loan market. Low interest rates have created a class of "serial refinancers" — those lucky enough to borrow at lower rates — and given them new opportunities to spend their freed up cash.
Settlement attorney Robert Gratz never used to be on a first-name basis with his clients.
"In the past, our practice was such that you'd see people, and that was the end of it," he says.
Gratz now sees the same faces all the time, of clients refinancing again and again — these days in the mid-3 percent range.
For more: Why does the government subsidize crop insurance in the first place? We try to answer that question in our latest podcast.
The federal government spends about $7 billion a year on crop insurance for U.S. farmers. Policies are sold by private companies, but the government sets the rates, so the companies can't compete on price.