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That U.K. tax cut plan that had a lot of people shaken up? Not happening, apparently. What do we really know about the rise of Chinese president Xi Jinping?
From the BBC World Service: The British finance minister Kwasi Kwarteng has now abandoned one of his flagship economic policies after it roiled markets. Plus, why shares of banking giant Credit Suisse plunged nearly 10% in early trading. And, people in Tunisia have taken to the streets to protest the high cost of living and food shortages.
Technology is one way farmers are managing labor shortages, and the rising costs of seed and fertilizer. “Precision ag,” as it’s known, is being used to get the most out of limited resources. Emil Moffatt of WABE reports from a family farm in central Georgia.
After seven years in the host’s chair, Trevor Noah is leaving “The Daily Show” to do more stand-up and touring. We’ll talk about the evolution of the late-night TV business. Plus, a case before the Supreme Court could determine what’s considered the “waters of the U.S.” And, we play a round of Half Full/Half Empty with a surprise guest emcee!
Here’s everything we talked about today:
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The economy seems full of contradictions right now. The threat of a recession looms and inflation is rampant, but consumers are still spending. Economists often look to history when making predictions, but the past offers little guidance to make sense of our current economic moment. Plus, the challenges of moving to more storm-resilient infrastructure and the toll of rising energy costs on U.K. businesses.
The news will say consumers were “resilient” in August, but Christopher Low tells us there’s more to it than that. Senior economics contributor Chris Farrell helps explain President Biden’s income-driven repayment plan for student loans.
Floridians face a web of insurance concerns in the wake of Hurricane Ian. We break down the government shutdown-eluding bill the House is set to vote on today. A California bill makes union voting less harrowing for farmworkers.
From the BBC World Service: After a chaotic week for the British pound, Liz Truss meets representatives from the Office of Budget Responsibility. The economic watchdog will want to discuss the effects on the U.K.’s economy of last week’s proposed tax cuts. Later this week, Brazilians will go to the polls to elect their president, and a bunch of James Bond stuff goes up for auction.
For almost 200 years, the Braille system has turned the written word into raised bumps that blind people can read. But what about images? A device called an embosser pricks and crimps 3D dots and lines on paper to produce a tactile image, allowing people to perceive pictures through touch. Chancey Fleet is a technologist at the Andrew Heiskell Braille and Talking Book Library in New York City. She’s Blind and teaches low-vision and blind patrons to print their own images.
Hurricane Ian left behind vast destruction in Florida. But what’s actually making the situation worse is the state’s insurance crisis. We’ll explain. Plus, some people who thought their student loans would be forgiven are learning they won’t eligible for President Biden’s relief program after all. And, if you like Fat Bear Week, you’ll love Fat Bear Junior.
Here’s everything we talked about today:
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