Dozens dead and over 100 injured in an attack on a concert hall in Moscow. ISIS claims responsibility. Princess of Wales Kate Middleton announces she has cancer and is undergoing treatment. Government shutdown deadline looms.
Countries all over the world are making big moves in monetary policies. From unexpected cuts to long-awaited hikes to a cautious cling to the status quo, this edition of Indicators of the Week has it all. Today, we explain the motivations for these drastically different approaches.
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Ramadan is a time for fasting, good deeds and charity for Muslims around the world and here in Chicago. But the holiday’s usual celebrations are more somber due to the war in Gaza. Reset sat down with a group of local Palestinian Americans to discuss how the holy month feels this year.
For a full archive of Reset interviews, head over to wbez.org/reset.
It is rare that a new e-commerce company has such a meteoric rise as Temu. The company, which launched in the fall of 2022, has been flooding the American advertising market, buying much of the inventory of Facebook, Snapchat, and beyond. According to the market intelligence firm Sensor Tower, Temu is one of the most downloaded iPhone apps in the country, with around 50 million monthly active users.
On today's show, we go deep on Temu: How does it work, how did it manage such a quick rise in the U.S., and what hints might it offer us about the future of retail? Plus, we'll talk to the bicycle-loving U.S. Representative who is working to shut down a loophole that has proved very helpful to Temu's swift ascent.
This episode was hosted by Nick Fountain and Alexi Horowitz-Ghazi with reporting from Emily Feng. It was produced by Sam Yellowhorse Kesler and Emma Peaslee. It was edited by Keith Romer, fact-checked by Sierra Juarez, and engineered by Cena Loffredo. Alex Goldmark is Planet Money's executive producer.
Kate Middleton's sad announcement about her health should prompt self examination, not only from the rumor mongers, but the audience, too. And how Donald Trump's $500-million bond bill will effect the little guy, according to Fox legal experts. Plus, we're joined once more by Ken Bensinger to talk about his new podcast, Chameleon: The Michigan Plot, and to answer the question, "Does the public have an accurate assessment of how real the plot was?"
Delays to election results leave some holding their breath. Chicago sues Glock over its ability to turn its weapons semi-automatic. And the Bring Chicago Home referendum flounders during the primary election this week that saw a record-low voter turnout. Reset delves into these and other top local stories with WGN’s Tahman Bradley, the Chicago Tribune’s Ray Long, and WTTW’s Amanda Vinicky.
For a full archive of Reset interviews, head over to wbez.org/reset.