Marketplace All-in-One

The country is reeling from yet another mass shooting. A gunman stormed an elementary school in Uvalde, Texas, yesterday, killing 19 children and two adults. We’re shifting from our usual Wednesday show because all we can ask is: “How are we here again?” The answers are not satisfying.

Here’s everything we talked about today:

Yesterday, a gunman killed 19 children and two adults at an elementary school in Uvalde, Texas. Today, we revisit a story on gun sales we published after the 2012 Sandy Hook shooting in Connecticut. If it feels like nothing has changed since then, that’s because when it comes to buying guns, nothing has. Later in the program, a look at our aging port infrastructure and a visit to rural Oregon, where mobile home parks are struggling to rebuild after  wildfires.

This hasn’t been exactly a landmark season for investing in stocks. We dive into the market’s latest behavior with Susan Schmidt of Aviva Investors, who touches on the tech slide, Target, and how consumers appear to be spending their money. Amazon shareholders are confronting the company’s executives on topics ranging from the pay of the incoming CEO to how lower-level employees get treated. In Los Angeles, we look into what some of the possible solutions are for the homeless population.

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We look into a new tool to help gauge the decision-making ability of older adults regarding a range of risks, from financial exploitation to self-neglect. Dr. Mark Lachs, who co-created the interview for decisional abilities, tells us more. The mass shooting at a Texas elementary school Tuesday claimed the lives of 19 children and two adults. In the aftermath, President Biden called for congressional action to impose new limits on gun sales, adding that Congress should stand up to the gun lobby. We take a look at the financial power of that lobby, as well its political opponents who advocate for gun control. 

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From the BBC World Service: One of England’s top soccer clubs, Chelsea, is now in American hands, after the U.K. government approved its sale to a consortium led by L.A. Dodgers co-owner Todd Boehly. Former heavyweight boxing champions Wladimir and Vitali Klitschko are at the World Economic Forum in Davos, encouraging European governments to maintain funding to Ukraine despite the economic blowback from sanctions imposed on Russia in the wake of the invasion. And Brexit may mean gene-edited crops soon appear on grocery store shelves in England, having been prohibited under European Union legislation.

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Last week, the Department of Justice announced it would no longer prosecute hackers doing “good faith” cybersecurity research like testing or investigating a system to help correct a security flaw or vulnerability. It’s a change in how the DOJ enforces the 1986 Computer Fraud and Abuse Act following a ruling last year by the Supreme Court in Van Buren v. United States that limited the scope of the CFAA. Riana Pfefferkorn, a research scholar at the Stanford Internet Observatory, spoke with Marketplace’s Kimberly Adams about how this is part of an ongoing policy shift for the Justice Department over the last few years.

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It’s been roughly six months since AstraZeneca released a COVID-19 antibody treatment called Evusheld, designed for immunocompromised people. But a lack of outreach and unequal distribution has led to a complicated and confusing rollout — leaving millions of vulnerable Americans without protection. Plus, what experts look for in the minutes from Federal Reserve meetings and how high energy prices please investors but burden the economy.

Remember the Supreme Court case we talked about last week, Federal Election Commission v. Ted Cruz for Senate? Yeah, we’re doing a deep dive on it today.

At the heart of the case is an obscure campaign finance rule that limits the amount of post-election day contributions that can be used to recoup personal loans a candidate makes to their campaign. It was intended to crack down on corruption. But the court sided with Sen. Ted Cruz, a Texas Republican, and said the law is unconstitutional on First Amendment grounds.

On the show today, Weiner talks about what this means for the midterm elections, the future of campaign finance and this court’s approach to the First Amendment.

Then, sales of new homes fell to the lowest level since the start of the pandemic. We’ll explain why this is exactly what we’d expect to be happening in the economy right now.

Plus, if you’ve forgotten some of the faces you’ve met over Zoom during the last two years, you’re not alone. Listeners have a name for that phenomenon. We’ll also get smart about lifetime warranties and bear spray!

Snap Inc. – that’s the company behind Snapchat – is warning that it will miss its latest earnings forecast, which was issued just a month ago. Investors aren’t taking this news in stride – shares of Snap fell more than 30% at one point in pre-market trading. President Biden said he plans to meet with Treasure Secretary Janet Yellen to possibly find a way to reduce the tariffs on Chinese imports left behind by the Trump administration. We examine how Mexico s looking to undo years of reforms that opened the country’s oil and gas sector to foreign investment.

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There’s been an increased demand for adjustable-rate mortgages (ARMs) as skyrocketing interest rates have made homes a lot more pricey for possible buyers. While these kinds of home loans can lead to lower monthly payments, they carry some risk. The BBC reports on AirBnb’s exodus from China. For today’s Economic Pulse, we talk to the CEO of the Roosevelt Institute about the prospect of student debt being canceled.

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