Month: May 2025

But times are not normal. New data shows pending home sales are down year over year in most of the country, with the exception of the Midwest. Lack of affordability is a huge issue, but so is uncertainty about the future. Also: stock futures are pointing up this morning after rosy results from tech companies, and why President Donald Trump's tariff policy is the "greatest act of geopolitical self-harm" one political scientist has ever seen.

Tomorrow is May 1st but to workers and community organizers around the world it is better known as May Day, or International Workers' Day. May Day began in Chicago as a labor movement that succeeded in instituting the eight-hour workday. It later became a global symbol of workers' rights and ongoing activism. The movement for workers’ rights today is inspired in spirit and action by this Chicago history, led by immigrants of that era. Chicago is still a city of immigrants, and as the Trump administration continues to target immigrants, Reset discusses the history of May Day and learns what the labor movement today is doing in the current effort to protect workers, families, and communities with guests Miles Kampf-Lassin, senior editor at In These Times Magazine and Jorge Mújica, strategic campaigns organizer, ARISE Chicago. For a full archive of Reset interviews, head over to wbez.org/reset.

From the BBC World Service: After months of fraught negotiations, the U.S. has signed a deal with Kyiv to share profits from the future sale of Ukraine's mineral and energy reserves. Plus, Facebook's parent company says its users could face a "materially worse" experience after a major regulatory blow from the European Commission. We'll also visit a huge wholesale market to see how businesses in China are faring amid the trade war.