Every fall for about three decades, the U.S. Department of Agriculture comes out with a report assessing food security across the country. We'll get the latest in a month, but it will be the last. The USDA is terminating the annual report, saying it was “politicized.” Researchers, however, say it was vital. Also on the show: no sure thing on the future of interest rates and the costs for Chinese adoptees to search for their birth family.
Marketplace All-in-One - The Jimmy Kimmel saga, station ownership, and the FCC
After being pulled by ABC, Jimmy Kimmel's late-night show returned to TV last night. Thing is, station groups Nexstar and Sinclair — which control ABC affiliates that reach about 20% of the country — opted out. Nexstar is working on a $6 billion merger with Tegna, awaiting Trump administration approval. All of this highlights a widening gap between big TV networks and local station owners. And later: If Republicans and Democrats on Capitol Hill can’t reach a deal, many federal agencies will close a week from today.
Marketplace All-in-One - Trump’s tariffs push Indonesia and the EU to a trade deal
From the BBC World Service: After nearly a decade of negotiations, the European Union and Indonesia have agreed to a trade deal, in part to offset some of the effects of Trump's tariffs. Then, Nigeria has cut interest rates for the first time in five years. Plus, India has reduced taxes on everyday items to counteract the effects of U.S. tariffs, and the UK government says it saved around $600 million last year using artificial intelligence to combat fraud.
Marketplace All-in-One - AI cyberattacks pose special risks for small and medium businesses
Tony Pietrocola, president of the cybersecurity company AgileBlue, says cybercriminals are using artifical intelligence to generate deepfake video and audio calls, making the cyber threats more sophisticated and harder to catch.
PBS News Hour - World - Trump suggests Ukraine could reclaim territory from Russia
President Trump announced an extraordinary shift in policy on Ukraine. He has previously suggested Ukraine would have to give up territory to make peace, but today he said it could win back areas occupied or annexed by Russia since 2014. Trump made the announcement as he delivered the first speech to the United Nations of his second term. Nick Schifrin reports. PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy
PBS News Hour - World - How H-1B visa changes could impact American businesses and workers
The Trump administration moved forward today with its overhaul of H-1B visas for highly skilled foreign workers. The president is proposing a $100,000 fee for anyone applying for the visa. The plan is sparking concern as employees and companies that rely on the workers race to understand the consequences. William Brangham has two perspectives on the plan from Justin Wolfers and Ronil Hira. PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy
Marketplace All-in-One - Rate cut? So what?
Newly appointed Fed governor Stephen Miran has argued the federal funds rate should be a full two percentage points lower than its current level. A major cut like that could lower bond yields and reduce borrowing costs, spurring spending. But longer-term, inflation would likely balloon. After that: Auto dealers face new obstacles as EV tax credits end, a traveling nurse navigates frequent moves, and U.S. economic growth is “more resilient than expected," according to an OECD report.
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Marketplace All-in-One - What happened to American soft power?
President Trump is not a fan of the United Nations—he made that clear in his speech to the United Nations General Assembly today. Under Trump, the United States has pulled back from several efforts, including U.N. organizations, that have contributed to the country’s so-called soft power goals. On the show today, Joshua Eisenman, professor of politics in the Keough School of Global Affairs at the University of Notre Dame, joins Kimberly to discuss the changing role of the U.S. in global politics and how China is seizing this moment to gain more influence.
Here’s everything we talked about today:
- "Trump tells UN in speech that it is 'not even coming close to living up' to its potential" from AP News
- "Geopolitics of Trump Tariffs: How U.S. Trade Policy Has Shaken Allies" from Council on Foreign Relations
- "How China Stands to Gain as the U.S. Steps Away From the U.N." from The New York Times
"The Global South Won't Give Up on China" from Foreign Relations
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In the Loop with Sasha-Ann Simons - More College Grads Among The Longterm Unemployed
A surprising trend in the job market is worrying economists. College-educated people are making up a larger subset of people who are unemployed for six months or longer. Automation, shrinking industries and federal cuts play a role. In the Loop digs into the issue with New York Times reporter Noam Scheiber and DePaul University professor of economics Brian Thompson.
For a full archive of In The Loop interviews, head over to wbez.org/intheloop.
Marketplace All-in-One - Going deeper on the thinking of the Fed’s newest voice
Economist Stephen Miran is now temporarily on the Federal Reserve's Board of Governors. Miran wants steeper rate cuts, arguing that stricter controls at the borders and deportations will free up housing, make it less expensive, and keep a lid on inflation at a time of tariffs. We'll discuss what the data says about his claims. Also: growing threats to undersea data cables and an update on the cyberattack affecting Jaguar and Land Rover production.