In less than 10 minutes, we’ll get you up to speed on all the news you missed overnight. Throughout the morning, Marketplace’s David Brancaccio will bring you the latest business and economic stories you need to know to start your day. And before U.S. markets open, you’ll get a global markets update from the BBC World Service in London.
It’s another better-than-expected day for the U.S. labor market
Job numbers from the Labor Department came in strong, and to help us make more sense of them, we are joined by Chris Low of FHN Financial. Elsewhere, the saga over Biden’s student loan forgiveness plan has reached the halls of the Supreme Court. Then, we examine the Fed’s balancing act of taming inflation while also trying to keep people working.
What does the future hold for China’s zero-COVID approach?
We take a deeper dive into the policy, which has been the catalyst for a swelling of unrest and protests around the country. Elsewhere, the BBC reports on how BP is being urged to aid victims of the war in Ukraine.
Europe edges closer to a price cap on Russian oil, but …
From the BBC World Service: Not everyone is on board. Poland’s government is said to be seeking a cap that’s lower than the $60 broadly agreed to by European Union countries. And, some highlights from the last five years of our reporting from Turkey, Mozambique, India and the U.K.
The Fed might ease up on interest rate hikes
Inflation actually cooled off, just a touch, according to a key measure. We talk to Michael Hewson of CMC Markets in London about what slowing interest rate hikes could mean for an economy. Also, the head of the European Council met up with China’s president.
Interest rates are high. How long can they stay that way?
Fed Chair Jerome Powell offered some clues about that this week. Also, Giving Tuesday numbers show a growing sense of generosity. Then, we look at the speculation looming over Germany’s leadership as it pertains to relations with China.
European Council chief meets with Chinese President Xi Jinping
From the BBC World Service: An official visit by Charles Michel to Beijing comes amid persisting economic tensions between the two sides. Kenya’s president William Ruto has unveiled a new program to offer cheaper loans to entrepreneurs. It’s called the Hustler Fund – so named because on the campaign trail, Ruto said represented what he called the “hustler nation” of millions of young Kenyans struggling to make ends meet. UNESCO has added the French baguette to its “intangible cultural heritage” list.
A necessary beacon the offers an independent view based on empirical data and not politicized rhetoric.
Too many ads
Every Podcast nowadays is loaded with advertising, totally irrelevant to the show. Enough! Unsubscribing. Sayonara!
A couple issues
1) you sign up for 1, but get 3 podcasts (2 US based, 1 UK) every day.
2) they semi-regularly veer off from economic to news to political discussions, such as a recent money in politics series. Please leave that to regular npr stories.