Month: May 2025

A PSA for those whose homes burnt in the LA-area wildfires earlier this year: If the insurance company writes a check, it comes with two names on it — the property owner's and the bank's. But the bank may keep interest earned on that insurance payout. Now, a California assemblyman is trying to change that. We'll check in. Also: China lowers interest rates, and fewer international students come to the States for higher education.

From the BBC World Service: The Yemeni group started attacking shipping lanes around the Red Sea after the war in Gaza began. It's hoped the ceasefire will stop disruptions to major trade routes. Then, China and the U.S. are set to hold their first trade talks since sweeping tariffs were announced. Later: Spanish Prime Minister Pedro Sánchez on last week's massive power outage and former U.S. President Joe Biden on defense and international trade.

A construction project turned part of Lincoln Square into a temporary car-free zone, leading to a local debate over whether pedestrianized streets should be made permanent. Reset discusses with Rony Islam, organizer of the pedestrian walkway and neighborhood resident Dena Pavlovic, manager of ENJOY Lincoln Square gift shop. For a full archive of Reset interviews, head over to wbez.org/reset.

E-commerce sites like Temu and Shein might not be quite as cheap as they were a week ago now that tariffs are kicking in on even small-dollar imports. But these platforms known for selling low-cost goods from China have also sought to cut costs on delivery.

They contract in the U.S. with companies like UniUni, which promises to dispatch packages for $3 or less — well below the industry standard. How UniUni delivers on those low rates is the subject of a recent investigation by reporter Theo Wayt at The Information. He tells Marketplace’s Meghan McCarty Carino that drivers are hired through a network of subcontractors and UniUni pays them per item rather than an hourly wage.