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Companies like Audi and General Mills are temporarily pulling their ads from Twitter. They’re not fans of Elon Musk’s ideas for more relaxed content moderation policies on the platform. We’ll talk about what that might mean for the future of the company. Plus, Kimberly Adams talks about the new social media sites she’s checking out in case Twitter goes off the rails. And, Daylight Saving or standard time?
Here’s everything we talked about today:
Join us tomorrow for Economics on Tap. The YouTube livestream starts at 3:30 p.m. Pacific time/6:30 p.m. Eastern. We’ll have news, drinks, a game and more.
Ahead of the holiday travel season, pilots at two major airlines rejected tentative contracts this week, and a third voted to authorize a strike. Pilots are bargaining for better wages and quality-of-life provisions, all while clocking record-high overtime and grappling with staff shortages. Also in this episode, worker productivity gets a boost, graphite shortages are bad news for EVs, and extreme heat threatens low-income households in Miami.
This week, we’re running a story from WUNC’s award-winning sex and relationships podcast “Embodied.” Each week, host Anita Rao guides listeners on an exploration of our brains and our bodies that touches down in taboo territory.
Anita does not work with her boo, but after sharing home office space for two pandemic years, she’s started to wonder how couples who *do* work together make it work. In this episode, she talks with two sets of couples in very different professional industries about their strategies for tackling finances, alone time and intimacy.
The Fed threw another big interest rate hike at inflation this week, and while it hints at the possibility of dialing back the pace … it hasn’t shown a ton of interest in doing that. Diane Swonk of KPMG discusses this further. The Biden administration wants to help with your energy bill. CBS and its former chief officer will pay millions following an investigation from the New York attorney general’s office.
First, we look at next steps for the Fed after it raised interest rates again on Wednesday. As the World Cup in Qatar approaches, we talk about the reasoning behind countries’ willingness to pay billions to host massive sporting events like it.
From the BBC World Service: With U.K. inflation running above 10%, the country’s central bank is poised to make its biggest rate increase in 30 years. Plus, Netflix rolls out cheaper subscriptions, which have adverts. And, authorities in Indonesia say contaminated medicine syrup was likely responsible for a spike in child deaths in the country.
Starting today, Netflix users in the U.S. will have the option to sign up for a cheaper subscription. But, of course, there’s a catch. If you want to pay $6.99 a month, rather than $9.99 a month or more, your TV and movie binge sessions will be interrupted by ads, which runs counter to the original premise of Netflix and many other streaming services. But now, that’s changing. Marketplace’s Kimberly Adams speaks with Brandon Katz, an entertainment industry strategist at Parrot Analytics, who says Netflix needed to make a move like this.
Political candidates are always asking for money. A listener called in to ask if donating actually makes a difference so close to Election Day and what happens to donations that go unspent after Tuesday. We’ll get into it and answer more of your questions about the Strategic Petroleum Reserve and why fines might not keep Meta from breaking campaign finance laws. Plus, Kai and Kimberly fill us in on what they look for when they’re car (or motorcycle) shopping.
Here’s everything we talked about today:
If you’ve got a question about the economy, business or technology, let us know. We’re at [email protected] or leave us a message at 508-U-B-SMART.
The Federal Reserve announced another interest rate increase today. On the program, we’ll unpack the key questions on Fed Chair Jerome Powell’s mind as he guides the central bank in its quest to quell rising prices. Then, it’s back to Buffalo, New York, where we visit a food truck providing better access to fresh produce and reflect on what economists could learn from the people behind macroeconomic data.
The Fed is raising interest rates at a brisk pace, and is expected to do so again. The effects are showing. Susan Schmidt helps us parse through some new employment data. We speak to an expert about how inflation has affected the kind of holiday ads we’ll be seeing.
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