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The Federal Reserve is all but guaranteed to raise interest rates this week. We’ll spend some time on today’s show talking about “soft landings,” and why hard landings are more common. Plus: Puerto Rico’s grid, the school band economy and retail shrinkage.
Almost five years after Hurricane Maria, Puerto Rico is reeling (again) after Hurricane Fiona flooded large parts of the island and left it in the dark. We’ll talk about the big mess behind Puerto Rico’s energy problems. Plus, John Kerry: People who live in glass houses shouldn’t throw stones. And, is a beer shortage on the horizon?
Here’s everything we talked about:
If you’ve got a question, comment or suggestion, let us know. We’re at [email protected] or leave us a voice message at 508-U-B-SMART.
The Fed will most likely raise interest rates during its two-day meeting, which begins tomorrow. Here to discuss that with us is Julia Coronado of MacroPolicy Perspectives. The BBC checks in with news from the Queen’s funeral in London. A hurricane has once again left much of Puerto Rico without power.
The Fed is about to begin its two-day meeting on interest rates. More scrutiny awaits the somewhat chaotic “buy now, pay later” landscape. What does it mean to have “anti-racist” layoffs?
From the BBC World Service: King Charles III has declared Monday a public holiday in the U.K. That means many businesses up and down the country have closed as a mark of respect to the late queen. But the decision wasn’t black and white … some flights have been cancelled at London Heathrow Airport and transport services are expecting large crowds. Plus, as thousands laid floral tributes, how have flower sellers managed the demand?
A European Union court had bad news for Google last week, upholding an earlier ruling against the web search giant. It accused the company of engaging in anti-competitive behavior. That ruling also upholds much of the record fine the EU imposed on the company, equivalent to more than $4 billion. And in California, Amazon was hit with yet another lawsuit last week focused on the company’s price-setting power. Marketplace’s Kimberly Adams recently spoke with Matt Stoller, director of research at the American Economic Liberties Project, about how the Google case in Europe might affect things here in the U.S.
It’s Friday, and we all wish we could be Ferris Bueller. Well, one reporter actually tried. Kimberly Adams and guest host Amy Scott discuss what happened when said reporter skipped work for a day of fun. Plus, could this be “Phantom of the Opera’s” last hoorah on Broadway? Then, our favorite game stumps the hosts (oops).
Here’s everything we talked about today:
Got a question for a our hosts? Email us at [email protected] or leave us a voice message at 508-U-B-SMART.
The Federal Reserve is expected to raise interest rates yet again next week as it looks to double down on inflation. Even with all the rate hikes, interest rates on savings accounts are still lagging. Today, we’ll explore how supply and demand play a role. Plus, a data deep dive in the Weekly Wrap, an anticipated shipping downturn and a costly cleanup for the San Francisco Bay.
The global shipping giant has seen a drop-off in shipping volume, which could be an indicator of coming economic challenges. We also turn to Christopher Low of FHN Financial for additional insight. Then, we look into the logistical impasse that faces the concept of prescribed burns.
We speak to a New York Times reporter about stock trades and conflicts of interest in Congress. Signs from shipping giant FedEx are pointing to some economic challenges ahead.
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