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… Which is a lot of considering and a lot of signaling. On today’s show, we’ll look into when the Federal Reserve might raise interest rates, what a digital dollar could look like and how the Fed gauges wage inflation. Plus, a chat with the owner of a Hawaiian boat tour company about rebuilding following the Tonga tsunami.
Location has dictated salaries for a long time, but the remote-work revolution has allowed many workers to make the most of their salaries in more affordable cities. But some large national companies have indicated that employees moving to areas with a lower cost of living might be getting a cut in pay. Also on today’s episode: Russia leverages natural gas in the Ukraine crisis, the College Board announces the end of the analog SAT and the IMF sees slower economic growth for the year ahead.
But are they riskier than a ground war in Europe? And what do they mean for the international economy? As President Joe Biden weighs imposing additional sanctions on Russia to deter an invasion of Ukraine, we look into what those measures would cost the U.S., our allies and Russia. Also on today’s episode: Hello from the other side of concert cancellations, the factors behind the price of natural gas and the Weekly Wrap.
The Centers for Disease Control and Prevention recently upgraded their guidance on face masks: Nix the cloth or surgical masks in favor of N95s or KN95s. But not all masks are created equal. On today’s show, we hear from a “mask nerd” about how consumers can be discerning when shopping for face coverings online. Plus: Why unemployment claims are back up; how resume gaps are being destigmatized; and what construction companies are doing to tackle the labor shortage.
Trump, tariffs and Brexit — it might sound like a throwback, but it’s the present for British steelmakers. President Joe Biden cut a tax on steel imported from European Union countries last year, but the United Kingdom was excluded. Though the U.S. and U.K. plan on discussing the tariff rift, the future of British steel remains uncertain. We also hear about the impact of rising mortgage rates, tackle why rising oil prices could be here to stay and chat about a new environmental transparency policy for publicly traded companies.
The consumer price index clocked year-over-year inflation at 7% on Wednesday, the fastest pace since 1982. But month-over-month numbers and other factors point to a deceleration that could give consumers some relief. On today’s show, we do the numbers on inflation and wages. Plus, we visit new nuclear plants, contemplate a career pivot and trace the debate over alimony.
If you’re a renter in need of a chuckle, just look at the consumer price index, which calculates rent inflation at just 3% for last year. The cost is rising much faster for many renters, and other data sources show the increase near 18%. Today, we’ll talk about this wide data disconnect and why how we measure housing inflation is so important. We’ll also hear about the business of tracking other businesses’ shipments and check in with a downtown Los Angeles cheesemonger and a certified public accountant in New York City.
Unemployment fell in December close to a pre-pandemic low. But the economy added far fewer jobs than economists expected. So what gives? It has to do with the two different surveys that make up the monthly jobs report and how they define “employment.” Plus: App-based payments come out from “under the table,” higher fees come for second homes and people shift how they do their ‘dos in the pandemic.
One year ago, supporters of Donald Trump stormed the U.S. Capitol in a violent and deadly attempt to overturn the results of the 2020 election. Today, we revisit the economic ripples of the Jan. 6 insurrection and examine how political instability continues to hamper the economic recovery. We’ll also hear how utility infrastructure plays into wildfire prevention, what a festival cancellation means for surrounding businesses and why consumers have a gloomier outlook than the economy does.
Though the United Kingdom formally ended its European Union membership at the start of 2020, last week marked the one-year anniversary of the U.K. severing remaining ties with the EU. Today, we hear about the hopes, frustrations and economic outlooks of five small U.K.-based companies 12 months on. Plus: hints of an easing supply chain, a growing industry to manage office downsizing and a high-tech tractor that could curb a shortage of agriculture workers.
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