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(Global Edition) From the BBC World Service … China on Thursday said an escalation in trade conflict with the United States is not in the interest of either side. So, is a deal between the dueling trade partners likely to come before an announcement of more tariffs on Chinese imports to America? Then, economists expect Turkey’s central bank to raise rates to 20 percent on Thursday, but the country’s president just hours before called for a rate cut. We’ll explore what’s at stake. Afterwards, all this week we've been looking at the impact of the financial crisis a decade later. Thursday, we examine how the collapse changed housing fortunes for many, particularly for a group of young adults dubbed "Generation Rent.” Today's show is sponsored by Battelle (Battelle.org/QI), GAIN Capital Group (gaincapital.com) and Indeed (indeed.com/marketplace). (09/13/2018)
(U.S. Edition) The Congressional Budget Office has new numbers about the federal deficit, and they say it's only getting bigger. Billions bigger. Also, Apple is expected to announce a trio of new iPhones along with updates to some other products, but this time with the specter of the trade conflict with China hanging over it. Then, we look at oil and how the U.S. is on pace to be the third largest oil producer in the world, thanks to the process of fracking. But an author told us that the U.S. is still a long way from energy independence. Today's episode is sponsored by Indeed (indeed.com/marketplace) and Michigan Economic Development Corporation (planetm.com). (09/12/2018)
(Markets Edition) Do tariffs “hurt the heartland?” That’s the message of a new campaign from the Americans for Free Trade coalition, which consists of some of the nation’s biggest farming, manufacturing, tech and retail companies. Also, a key number that measures inflation — the Producer Price Index — posted its first drop in more than a year. Then, it’s back to tariffs, where businesses in the state of Washington are particularly concerned, since its economy is so dependent on trade. Today's show is sponsored by Avast (avast.com), Indeed (indeed.com/marketplace) and Michigan Economic Development Corporation (planetm.com). (09/12/2018)
(Global Edition) From the BBC World Service … The European Parliament on Wednesday votes on a controversial copyright law that would impact some of the world’s biggest tech companies, like Google’s YouTube. Then, Britain’s central bank governor, Mark Carney, on Wednesday told the BBC that while regulators have done a lot to fix the global financial system, risks still remain for both the global economy and the U.K. He said China is at the “top of the list.” Afterwards, this week, we’re taking a look at how the global economy has changed in the decade since the financial crisis. We examine Iceland, a country that jailed bankers deemed to be responsible for excessive risk taking there. But, has holding people responsible worked to change public perception about the financial community? Today's episode is sponsored by Indeed (indeed.com/marketplace) and Michigan Economic Development Corporation (planetm.com). (09/12/2018)
(U.S. Edition) Hurricane Florence has forced the mandatory evacuation of more than a million people along the coasts of North Carolina, South Carolina and Virginia. The possible flooding from the rain could flood areas where many people didn't think flood insurance was needed. Then, U.S. Bank unveiled Simple Loan, a low-interest, short term loan backed by the bank that might signal a change in how Americans borrow. Also, we discuss the concept of "social infrastructure," which an author told us could have significant impact on the economy while also having life-saving power. Today's show is sponsored by Indeed (indeed.com/marketplace) and Navy Federal Credit Union (navyfederal,org/flagship). (09/11/2018)
(Global Edition) From the BBC World Service … France is heading to the European Court of Justice today to establish whether tech giants like Google can be forced to delete data on individuals if they make a formal request for the right to be forgotten online. Then, Tuesday, Venezuela will begin selling gold certificates to help protect people’s savings from sky-high inflation as the country continues to battle an economic crisis. But who really benefits from actions like this? Afterwards, this week we’ll be talking about how the global economy has changed in the wake of the global financial crisis, but first, a review about why we’re still talking about Lehman Brothers’ collapse 10 years later. Today's show was sponsored by Indeed (indeed.com/marketplace) and Navy Federal Credit Union (navyfederal,org/flagship). (09/11/2018)
(Markets Edition) It's been 10 years since the financial crisis, and the longest bull market in history is still going. That's a far cry from where the markets were a decade ago, and one reason is the resurgence of the retail sector. Then, we look at how the confidence from small business owners in the economy is the highest it's been in more than 30 years, according to data from the National Federation of Independent Businesses. August's numbers showed large gains. Also, we examine how low-cost transit options like bike, scooter and ride-sharing programs can help low-income workers change their job prospects ... perhaps even help them out of homelessness. Today's show is sponsored by Indeed (indeed.com/marketplace) and Navy Federal Credit Union (navyfederal,org/flagship). (09/11/2018)
(U.S. Edition) CBS chairman and CEO Les Moonves is leaving following new allegations of sexual misconduct. The network said there’s no severance package worked out for him. His departure will also impact an ownership feud over the corporate structure at the network. Then, we look at the overhauled U.S. tax code and how many people could still owe the government money despite getting a tax cut. Then, the chairman of China e-commerce giant Alibaba is stepping down to focus more on things like education and philanthropy. We take a look at his story. Today's show is sponsored by Avast (avast.com), Indeed (indeed.com/marketplace) and Michigan Economic Development Corporation (planetm.com). (09/10/2018)
(Markets Edition) The trade war could be reshaping the grid of where companies get the items they need to assemble their products. One example is how the stock in Foxxconn, which makes a variety of things that go into iPhones, fell more than 3 percent on Monday. Then, the IRS could be getting a new commissioner this week if Charles Rettig is confirmed. Retting would be taking over an agency facing a variety of problems. Also, we take a break and talk with William Shatner, the famed “Star Trek” captain who is also boldly going into the world of entrepreneurship. Today's show is sponsored by Avast (avast.com), Indeed (indeed.com/marketplace) and Michigan Economic Development Corporation (planetm.com). (09/10/2018)
(Global Edition) From the BBC World Service … A fractured mandate in Sweden after weekend elections left two main parties nearly tied. Then, while the world watches for more potential developments on the trade dispute between the U.S. and China, a meeting was set for Monday between America and the European Union to try and reduce ongoing tensions. What could it signal for future trade relations between the two economies? Afterwards, technological innovations have in many ways made life easier and helped to speed up productivity. But it hasn’t allowed the average worker to actually be in the office or on the job site fewer hours. But Britain’s biggest federation of unions Monday is arguing a four-day work week will be possible as AI could provide a more than $200-billion boost to the U.K. economy. Today's show is sponsored by Avast (avast.com), Indeed (indeed.com/marketplace) and Michigan Economic Development Corporation (planetm.com).(09/10/2018)
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