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As some states curtail abortion care, others are moving in the opposite direction. Today, we take a trip to Maryland, where a new law expands the number of workers able to perform abortions as providers in the state anticipate a surge in demand. Plus, ports work to ease shipping congestion, federal funding for COVID treatments dwindles and Hong Kong’s reputation as a global financial hub shifts.
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The world’s central bankers continue their meeting in Portugal, with the main theme being a familiar one: inflation. Marketplace’s China correspondent Jennifer Pak gives us another check-in from Shanghai, where COVID quarantine restrictions have changed for travelers. The BBC reports on how the war in Ukraine and drama surrounding Russian gas has led to a return to coal, leading to South African producers struggling with a surge in demand.
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There’s been a surge in the sales of emergency contraception in the wake of the Supreme Court’s overturning of Roe v. Wade. The surge has led some major U.S. retailers to how much people can buy at once. The Federal Trade Commission is suing Walmart over its money transfer services, saying for years, Walmart did too little to combat fraudsters who used its services to receive payments in telemarketing scams. Marketplace Tech host Kimberly Adams joins us to discuss concerns about whether tech companies are sufficiently protecting data related to abortions and reproductive health.
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From the BBC World Service: Now that Turkey has dropped its opposition, Sweden and Finland look set to join NATO shortly. Finland’s president told the BBC what joining the alliance would mean for his country, especially given its proximity to Russia. A bee parasite has Australia’s honey industry on lockdown. And as many countries turn away from Russian coal, South Africa’s coal mines can barely keep up with the increased demand.
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In the first installment of our series “The Score,” we look at the credit-score algorithms that influence so much of our financial lives.
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Home prices were up over 20% year on year in April. Meanwhile, people are flipping houses at the highest pace since 2000. But that trend may slow as mortgage rates and labor costs continue to climb, cutting into profits. Also in today’s episode: the proposed cap on Russian oil prices, Old Navy’s struggles with inclusive sizing and a Connecticut law limiting “captive audience” anti-union meetings.
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Following up on our recent deep dive into the housing crisis, today we’re taking a deeper look at affordable housing. There’s not enough of it in this economy, but getting more built is a hard nut to crack.
But what exactly is affordable housing? And, what’s considered affordable these days?
Experts say there are generally two large buckets. Big “A” affordable housing is publicly subsidized units that are intended for low-income households. Small “a” affordable housing is generally considered housing priced at no more than 30% of a household’s budget.
Either way, there’s a shortage.
“Part of the issue is that after the last recession, we had more higher-income renters who were stuck in the rental market or who chose to stay in the rental market longer. So then we just see rents continue to rise,” said Whitney Airgood-Obrycki, a senior research associate at Harvard’s Joint Center for Housing Studies, which just released a report on the state of the nation’s housing.
On today’s show, Airgood-Obrycki makes us smart about the realities of America’s affordable-housing crisis and its impact on the broader economy.
In the News Fix, we’ll discuss a new report that may offer clues about where all the affordable homes may have gone. Plus, the Federal Reserve takes consumers’ attitudes about inflation seriously. But it turns out that measuring those attitudes isn’t exactly a hard science. We’ll explain.
Then, we hear from listeners about the Supreme Court overturning Roe v. Wade, mortgage rates and old school typing rules.
Here’s everything we talked about today:
Do you use two spaces after a period? Let us know. Email us at [email protected]. You can also leave us a voice message at (508) 827-6278 or (508) U-B-SMART.
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Lina-Maria Murillo, an assistant professor of gender, women’s and sexuality studies at the University of Iowa, speaks with us about the changing landscape of abortion access and the consequences of those changes. David Kelly of J.P. Morgan joins us to discuss the markets. Corporate leadership is becoming less politically bipartisan, according to a recent research paper.
Facebook and Instagram have taken down posts that had been offering abortion pills. The posts sprang up in the days shortly after the Supreme Court’s overturning of Roe v. Wade. As Pride Month moves closer to conclusion, we take a look at how an LGBTQ-owned business has chosen to celebrate it.
From the BBC World Service: European Central Bank Chief Christine Lagarde has taken the podium this morning at an annual gathering of European policymakers in Portugal. Meanwhile in the Spanish capital Madrid, NATO leaders are trying to convince some member states to increase defense spending. And we remember Italian businessman Leonardo Del Vecchio, who helped make it cool to wear glasses.
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