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(U.S. Edition) The trade war between U.S. and China is having a ripple effect in other places, according to a new study. The U.S. wants China to adjust what many are calling unfair trade practices, but bottom lines everywhere are being affected. We talk to Marketplace's Jennifer Pak for more. Then we move to the final week of campaigning before the midterm elections. Candidates have access to an amount of money that dwarfs the amount of funds from 2014. Marketplace's Kimberly Adams fills us in on where that money is pointed. We also talk about the position of town crier in Britain, and how it is being revived to revitalize shopping districts reeling from online competition. Marketplace's Stephen Beard tells us more. Today's show is sponsored by Alliance for Lifetime Income (retireyourrisk.org), PayPal (paypal.com) and Selligent (selligent.com). (10/29/2018)
(Markets Edition) We take a short dive into Friday's GDP report, which showed a steady U.S. economy. However, the report's information on growth during the summer might explains some of the stock market volatility we've been seeing in recent weeks. Julia Coronado at Macropolicy Perspectives helps us set the tone for Monday. We then turn our economic lens to Brazil, where a controversial far-right candidate just became that country's president. He's known as an economic mover and shaker, but also as someone who denigrates people based on gender, race and sexual orientation. The BBC's Victoria Craig had more to tell us. Then, we look at how the U.S. trade stance could have effects on China's military hardliners. We talked to Shaun Rein of the China Market Research Group for more. Today's show is sponsored by Alliance for Lifetime Income (retireyourrisk.org), PayPal (paypal.com) and Selligent (selligent.com). (10/29/2018)
(Global Edition) From the BBC World Service ... A very controversial figure has just become president of Brazil. Jair Bolsonaro has made waves globally for being hard right and a mean budget slicer, with strict conservative values. Will he put his money where his mouth is – and should he? Meanwhile, a crucial national budget in the UK is the last before the country leaves the EU. Also: we complain holidays in the U.S. have gotten too commercial – similar to the world’s largest democracy, India, where festival season sees goods sponsored by local businesses and dripping in diamonds. Today's show is sponsored by Alliance for Lifetime Income (retireyourrisk.org), PayPal (paypal.com) and Selligent (selligent.com). (10/29/2018)
(U.S. Edition) With midterm elections approaching, healthcare stands as one of the top concerns for Americans. President Trump is proposing a huge change in how the government will pay for high-cost drugs for seniors, claiming that it can lower prices by as much as 30 percent. Then, we talk about ideas with a person who actually showed how ideas can be tangible, quantifiable things that can be put into calculations to show how ideas can actually boost the economy and help the environment. That person is Paul Romer, an economist at New York University's Stern School of Business. He's also one of two winners of the Nobel Prize in Economic Sciences. Today’s show is sponsored by GAIN Capital Group (gaincapital.com), LinkedIn (linkedin.com) and Selligent (selligent.com). (10/26/2018)
(Global Edition) From the BBC World Service … The world’s second and third-largest economies haven’t exactly been friends. But the ongoing trade spat between the U.S. and China has helped warm relations. On Friday, Japan’s prime minister is holding formal talks with China, making him the first Japanese leader to visit the country in seven years. Then, the Philippine island of Boracay has beaches rated some of the best in the world. Six months ago, the island shut down and efforts to clean up rampant pollution went underway. It's reopening Friday, but there’s a catch for tourists looking to party. Afterwards, Latin America’s largest economy will elect its next president on Sunday. Brazil has experienced a boom in the last decade – only to head into its worst recession in history. Today’s show is sponsored by GAIN Capital Group (gaincapital.com), LinkedIn (linkedin.com) and Selligent (selligent.com). (10/26/2018)
(Markets Edition) We look into the mixed fortunes of tech companies driving the stock market this week, as both Amazon and Google’s parent company Alphabet both showed drops in pre-stock trading after reporting solid profits. There’s also Friday morning news that the U.S. economy grew at a decent rate during the summer quarter. Chris Low, chief economist at FTN Financial, offered some insights. Also, we look into advertising and how people over the age of 50 are becoming more involved in branding opportunities. Today’s show is sponsored by GAIN Capital Group (gaincapital.com), LinkedIn (linkedin.com) and Selligent (selligent.com). (10/26/2018)
(Global Edition) From the BBC World Service … Another wave of red-hot selling pressure on Wall Street – which wiped out gains for the year – spilled over into Asia stocks. But there’s a sense of calm in Europe. One of the world’s biggest corruption scandals is continuing to unfold as Malaysia’s former prime minister pleads not guilty to corruption charges related to 1MDB. Afterwards, a Chinese company plans to be the nation’s first non-governmental commercial enterprise to launch a satellite into orbit later this year. And, it’s taking advantage of mobile-phone technology to do it. Today's show is sponsored by Alliance for Lifetime Income (retireyourrisk.org), Gobble (gobble.com) and Michigan Economic Development Corporation (planetm.com). (10/25/2018)
(Markets Podcast) The markets have shown a bit of a rise, with some of the credit belonging to the reported profit of Tesla and Twitter. Later Thursday afternoon, Amazon will share its results. Here to help us understand as usual is economist Diane Swonk. Also, one month after the latest round U.S. tariffs on Chinese imports, it's become clear that there's no exemption for U.S. businesses who want to claim special circumstances or hardship for these taxes. That's caused some drama. Then we look into fancy condos in Miami, where a surplus of condos have led to a drop in prices. However, the average price is still more than many people can afford. Today's show is sponsored by Alliance for Lifetime Income (retireyourrisk.org), Gobble (gobble.com) and Michigan Economic Development Corporation (planetm.com). (10/25/2018)
(U.S. Edition) Stocks this week might have somewhat of a chaotic look, with the Nasdaq index in a quote "correction" along with drops in the S&P and Dow indexes as well. However, those numbers don't factor in dividends. To help us make sense of some of this, we talked to Jason Zweig, author of the Intelligent Investor column for the Wall Street Journal. We then check in on Tesla, which enjoyed an 8 percent boost in pre-market trading. The car company also reported a quarterly $300 million profit. Marketplace's Ben Bradford looks into how the small car company gets outsized attention. Also, President Trump is ready to give a speech taking aim at high drug prescription prices. With midterm elections fast approaching, healthcare costs are the top concern for Americans, according to our Marketplace-Edison Research Poll. Today's show is sponsored by Alliance for Lifetime Income (retireyourrisk.org), Gobble (gobble.com) and Michigan Economic Development Corporation (planetm.com). (10/25/2018)
(Global Edition) From the BBC World Service … Starting Wednesday, Canada is hosting a two-day summit with 13 countries to discuss reforming the World Trade Organization. Except, China and the U.S. – the world’s two biggest economies – aren’t invited. So, how much can actually be accomplished? Then, with South Africa’s economy still struggling, Wednesday's budget comes as the country’s new president seeks to lure $100 billion in foreign investment. Afterwards, the European Parliament votes on legislation to ban single-use plastics sales starting in 2021. It’s a push many countries and businesses are making around the world to help the environment and provide jobs. We’ll take you to India where one man is turning plastic waste into homebuilding material. Today's show is sponsored by Alliance for Lifetime Income (retireyourrisk.org), Gobble (gobble.com) and PayPal (paypal.com). (10/24/2018)
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