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(U.S. Edition) Trump has selected his nominee for the Supreme Court: Brett Kavanaugh, a federal appeals court judge and a former aide to President George W. Bush. We'll look at his record on business cases and how this might play out in the U.S. economy. Afterwards, we'll examine the state of small businesses, and then we'll talk to Clevelanders about how they feel about LeBron James' departure from their hometown. Today's podcast is sponsored by Anchor, LLC (anchorbooks.co/marketplace), Avast (avast.com), and Carbonite (Carbonite.com). (07/10/2018)
(Global Edition) From the BBC World Service … Guyana – a country on South America’s North Atlantic coast – is bracing for the blessings and curses of a coming oil boom, while Norway braces for an oil strike. Then, in the latest move to consolidate his power, Turkey’s president appointed his son-in-law to oversee the country’s economic ministry, knocking out his former deputy prime minister who was largely seen as keeping a place within the cabinet. What does the move mean for high inflation and worries that its central bank can no longer can act independently? Today's podcast is sponsored by Anchor, LLC (anchorbooks.co/marketplace), Avast (avast.com), and Carbonite (Carbonite.com). (07/10/2018)
(Global Edition) From the BBC World Service … With months to go before the U.K. officially exits the European Union, Britain’s Brexit secretary turned in his resignation overnight. He explains why he’s decided now is the right time to resign, and whether he’s encouraging others in cabinet to follow suit. Then, news from Nissan about falsifying emissions data. Afterward, the #MeToo movement has exposed sexual harassment in many industries…but what about in farming? We’ll hear from one of our reporters who has been investigating the problem worldwide. (07/09/2018)
(Markets Edition) This is an action-packed week for Trump, with the president heading to a NATO summit and a meeting with Putin. We'll hear from Julia Coronado, founder of MacroPolicy Perspectives, about how this could affect the markets, and any data points that we should be looking out for this month. Afterwards, we'll discuss why the federal government won't send $10 billion to insurance companies that underpin Obamacare, and then we'll look at how a record number of scientists are deciding to run for office. Today's podcast is sponsored by Carbonite (Carbonite.com), Michigan Economic Development Corporation (planetm.michiganbusiness.org), and USPS (USPS.com/future). (07/09/2018)
(U.S. Edition) Millions of federal employees are going to work today under new rules from the Trump administration. We'll talk about what some of them entail, which include a limit on the amount of time employees can spend on union duties. Afterwards, we'll discuss tension between President Trump and other members of the North Atlantic Treaty Organization over how much they should pay for defense, and then we'll look at how the U.S. is ending special visas for entrepreneurs. Today's podcast is sponsored by Carbonite (Carbonite.com), Michigan Economic Development Corporation (planetm.michiganbusiness.org), and USPS (USPS.com/future). (07/09/2018)
(U.S. Edition) The U.S. has launched tariffs on $35 billion worth of Chinese goods — think cars, industrial valves and printers. We'll hear from William Zarit, chair of the American Chamber of Commerce in China, about the economic relationship between the two countries and how businesses are feeling about these penalties. Afterwards, we'll look at why investors in the Chinese company Xiaomi are a bit worried about its Monday IPO launch. Plus: We explore the hurdles associated with acquiring a GED. Today's podcast is sponsored by Anchor, LLC (anchorbooks.co/marketplace) and Carbonite (Carbonite.com). (07/06/2018)
(Markets Edition) There was a bit of a paradox in the June jobs report. While the economy added 213,000 jobs last month, the unemployment rate rose to 4 percent. Jeffrey Cleveland, chief economist at Payden & Rygel Investment Management, joined us to explain this tension. Afterwards, we'll hear from Shaun Rein, founder of Market Research Group, about why he thinks the U.S. tariffs on Chinese goods are "a negotiating ploy" from President Trump and might not be here to stay. Today's podcast is sponsored by Anchor, LLC (anchorbooks.co/marketplace) and Carbonite (Carbonite.com). (07/06/2018)
(Global Edition) From the BBC World Service … Thirty-four-billion dollar tit-for-tat tariffs have officially gone into effect on some Chinese and American goods. While the markets have largely shrugged off the implementation today, what impact could be looming as the so-called trade war escalates? And what about the collateral damage to other countries’ economies? Afterwards, hate long meetings, staring at the clock, and not getting enough time with the family? So did the folks at Collins SBA, a company in Australia that recently cut employee work hours from eight a day to just five. How does it work? And has productivity taken a nosedive? We’ll talk to the company’s HR director. Today's podcast is sponsored by Anchor, LLC (anchorbooks.co/marketplace) and Carbonite (Carbonite.com). (07/06/2018)
(U.S. Edition) The private-sector added 177,000 jobs in June, according to a report today from the payroll processing company ADP. And tomorrow, we're getting the government's jobs report. We'll find out what we should expect from Diane Swonk, chief economist at the from Grant Thorton, who's anticipating some impressive numbers. Plus: A look at how a women's softball team in the U.S. got some financial assistance from the Chinese Softball Association. Today's podcast is sponsored by Alliance for Lifetime Income (retireyourrisk.org/advisors) and Michigan Economic Development Corporation (planetm.michiganbusiness.org). (07/05/2018)
(Global Edition) From the BBC World Service … A potentially game-changing vote in the European Parliament today is expected on copyrighted material on the Internet. Then, Jaguar Land Rover is the latest in a growing line of companies ringing the alarm bells about the consequences of a “bad Brexit” deal. A fresh warning comes today as Prime Minister Theresa May is heading to Germany for a meeting with Angela Merkel about why progress on the exit negotiations has been slow. Afterwards, dropping a few coins in a street musician’s hat is an act that doesn’t take much effort. But what about for societies that have gone almost completely cash (and coin!) free? We’ll take you to a Swedish town and chat with some musicians who explain the complexities of taking tips by app. Today's podcast is sponsored by Alliance for Lifetime Income (retireyourrisk.org/advisors) and Michigan Economic Development Corporation (planetm.michiganbusiness.org). (07/05/2018)
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