Sovereign wealth funds have been around since the 1800s, but they're having a bit of a moment right now ... The financial instrument was recently name-dropped in HBOs 'Industry' (good show!) and members of both the Biden administration and the Trump campaign have floated the idea of an American sovereign wealth fund.
That idea, for the most part, has been derided by economists. But... is an American sovereign wealth fund such a bad idea?
On today's show: What IS a sovereign wealth fund? Is a US national sovereign wealth fund a good or even viable idea?
Dock workers from New England to Texas go on strike. Israeli troops move into Lebanon. Vice Presidential candidates face off tonight. CBS News Correspondent Steve Kathan has today's World News Roundup.
Israel says it has launched a "limited" ground operation into Southern Lebanon, launching a major escalation in its conflict with Hezbollah. Plus, what to listen for during tonight's vice presidential debate.
Today's episode of Up First was edited by Vincent Ni, Megan Pratz, Ally Schweitzer and Alice Woelfe. It was produced by Iman Maani, Paige Waterhouse, Nia Dumas and Ana Perez. We get engineering support from Stacey Abbott, and our technical director is Zac Coleman.
For nearly 30 years, the Costa-Hawkins Rental Housing Act has limited how far local governments can take rent control policies. This year, Proposition 33 asks California voters if they'd like to remove those limits. While nothing happens overnight, if Prop 33 passes, it could open the door for cities to control rents on any type of housing – including single-family homes and newer apartments. KQED housing reporter Vanessa Rancaño joins us to explore the issues.
Editor's Note: An earlier version of this podcast episode said nothing would change immediately if Prop 33 passes. In fact, several communities have laws that would immediately go into effect.
This story was reported by Vanessa Rancaño. Bay Curious is made by Olivia Allen-Price, Amanda Font, Christopher Beale, and Ana De Almeida Amaral. The Bay is made by Alan Montecillo, Ericka Cruz Guevarra and Jessica Kariisa. Additional support from Jen Chien, Katie Sprenger, Maha Sanad, Holly Kernan, and the whole KQED family.
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What to know about the dockworkers strike happening now and the impact it could have on consumers in the months ahead.
And, we'll tell you what to expect from tonight’s vice presidential debate, including a new way to fact-check the candidates in real-time.
Also, a major step toward a wider war in the Middle East as Israel sends ground troops into Lebanon.
Plus, the longest-living U.S. president marks his 100th birthday, the deal that could create the largest pay-TV service in America, and why people across the country couldn’t use their cell phones for hours.
Those stories and even more news to know in about 10 minutes!
Join us every Mon-Fri for more daily news roundups!
Ta-Nehisi Coates is no stranger to political writing–or controversy. But his new book, The Message, marks the author's return to nonfiction almost a decade after the publication of Between the World and Me. The new book of essays focuses on Coates' reporting in three central locations: the American South, Palestine and Africa. In today's episode, Coates speaks with NPR's Ayesha Rascoe about books bans and criticism of the author's position on the war in Gaza.
To listen to Book of the Day sponsor-free and support NPR's book coverage, sign up for Book of the Day+ at plus.npr.org/bookoftheday
Amanda Holmes reads C. K. Williams’s “The Gaffe.” Have a suggestion for a poem by a (dead) writer? Email us: podcast@theamericanscholar.org. If we select your entry, you’ll win a copy of a poetry collection edited by David Lehman.
This episode was produced by Stephanie Bastek and features the song “Canvasback” by Chad Crouch.