Category: 4-FrequentNewsStreams

Rising unemployment claims will be on Fed Chair Jay Powell's mind when he addresses the Jackson Hole Economic Symposium on Friday, and as he contemplates an interest rate decision in September. But he’s also got stable prices amid tariff uncertainty to worry about. So, we wonder: What Will Jay Powell Do? Later in this episode: Visual AI tools trail behind language-based models, popular spicy snacks could be a symptom of rising food costs, and Indigenous artists tell us how tariffs factor into their business.

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The U.S.-Canada relationship, for decades a symbol of stability, has been rockier under President Trump, who has joked about making Canada the 51st state. Nick Schifrin spoke with Canadian Foreign Minister Anita Anand about relations with the U.S., trade negotiations, security in Haiti and opportunities for peace in Ukraine. PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy

The Trump administration is considering reclassifying marijuana from a Schedule I drug to a Schedule III drug. This change could have major implications for cannabis businesses in Chicago. Reset sits down with Cannabis Business Association of Illinois’ executive director Tiffany Ingram, nuEra’s Jonah Rapino and Umi Dispensary’s Akele Parnell to understand how this reclassification could impact the local industry and what it could mean for consumers. For a full archive of Reset interviews, head over to wbez.org/reset.

COVID-19 cases are on the rise again, and the federal guidelines for who should get vaccinated are in flux. We’ll unpack how it could impact what insurers are willing to cover this fall. And, as President Trump’s federal takeover of Washington D.C. continues, why is the city so quiet? Kimberly shares her take as a local. Plus, The Onion is proving that print publications can still thrive in the digital age.

Here’s everything we talked about today:

• "Why Washington Residents Aren’t Flooding the Streets to Protest Trump" from Politico  
• "Top White House officials turn to public appearances with troops as a tense Washington watches" from AP News
• "JD Vance booed during hamburger handout to national guard troops in DC" from The Guardian 
• "Trump's police takeover of DC has a surprising casualty: restaurant reservations" from Fortune
• "Will I Be Able to Get the New 2025 COVID Vaccine This Fall?" from The Cut 
• "For some, fall Covid shots may come with copays — or no coverage at all" from NBC News
• "The Onion Brought Back Its Print Edition. The Gamble Is Paying Off." from The Wall Street Journal

Don’t miss Kimberly’s anime recommendations in this week’s Marketplace newsletter. Sign up at marketplace.org/subscribe.

President Donald Trump recently demanded that Federal Reserve Governor Lisa Cook resign after she was accused of mortgage fraud. In a statement, Cook said she has no intention of being "bullied to step down" and that she's "gathering the accurate information to answer any legitimate questions." We'll hear more. Plus, a weakening labor market sets the backdrop for the Fed's annual Jackson Hole conference, and Microsoft's AI chief voices concerns about "AI psychosis."

Federal Reserve Chair Jerome Powell is set to speak tomorrow in Jackson Hole, and we'll be watching for hints about the future of interest rates. But one tricky part of the inflation equation? Rent. Higher interest rates have kept many would-be homebuyers in the rental market, which boosted overall demand and pushed rents higher. Then, just how stable are stablecoins? We'll provide an update on the state of play in the crypto market.

From the BBC World Service: The impact of U.S. tariffs is already starting to hit consumers' pocketbooks. Imports from Japan to the United States have been subject to a 15% tariff for three weeks, and now Japanese electronics company Sony is bumping the price of its PlayStation 5 consoles by $50 — but only in the U.S. Also on today's show: concerns over AI psychosis and scrutiny over French mineral water.

Famous for its grandeur and colossal size, the Uptown Theatre celebrates its 100-year anniversary. Over the last century, the Uptown has seen its highs and lows, but after being shuttered in 1981, the “palace” now needs a $190-million revamp. Robert Loerzel’s new book, The Uptown: Chicago’s Endangered Movie Palace, relives the glory days of the theatre through photos and archives. Many, like Loerzel, hope the Uptown Theatre will be restored to its former purpose and splendor through the help of donor and state funding. Reset hears more about the Uptown Theatre’s history and future from Loerzel, Preservation Chicago executive director Ward Miller, and David Syfczak, caretaker for the Uptown Theatre for the last 30 years. For a full archive of Reset interviews, head over to wbez.org/reset.

Last month, a band called The Velvet Sundown surged in popularity on Spotify with its 70s inflected rock. Yeah, it was all generated by AI.

Synthetic music is getting better and better, leaving a lot of human artists concerned that their original work could be used to feed the machines that might take their jobs. Now some researchers are fighting back with a tool called “MusicShield.”

Moscow insisted that it must participate in any security guarantees provided by the U.S. and Europe to Ukraine. That is likely a non-starter for the West and shows the challenge facing allies as they try to forge a path toward peace. Russia’s demand comes as U.S. and NATO military chiefs are working to create a plan that would provide Ukraine the ability to defend itself. Nick Schifrin reports. PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy