Category: 4-FrequentNewsStreams

Chicago faces a $1.15 billion deficit. To raise revenue, Mayor Johnson proposed a corporate head tax that would charge companies with 100 or more employees – who spend 50% of their time in Chicago – $21 per employee per month. This would raise an estimated $100 million annually and would be used to fund community safety and violence interruption. But some business leaders say it’s a “job killer.” In the Loop speaks with Ralph Martire, executive director of the Center for Tax and Budget Accountability, Julie Dworkin, co-executive director of the Institute for the Public Good and Sam Toia, president and CEO of the Illinois Restaurant Association for different viewpoints on the corporate head tax. For a full archive of In the Loop interviews, head over to wbez.org/intheloop.

The Trump administration has moved to axe many Biden-era green initiatives. One project impacted is in Middletown, Ohio — the hometown of Vice President JD Vance. Environmentalists had hoped that the conversion of a steel plant there from coal to hydrogen-powered furnaces could be a blueprint for future eco-friendly upgrades, but that project has been canceled. Also on the show: collective bargaining rights for Uber and Lyft drivers in California and a U.S.-Australia alliance concerning rare earth metals.

Silver hit an all-time high last week. Helping fuel that rally is a physical shortage; global demand for silver has been outstripping supply since 2020. We'll hear about the supply of silver, which has more industrial uses than its flashier cousin, gold. Also, a Brazilian oil giant will start drilling near the mouth of the Amazon River. And coming soon to a convenience store near you: individual mini Coke cans.

From the BBC World Service: Japan elected its first female prime minister, Sanae Takaichi, and the Nikkei 225 index surged to a record high. But the conservative leader, who models herself after former British Prime Minister Margaret Thatcher, will have to tackle a range of economic challenges: a falling population, a rise in the cost of living, and sluggish growth. Plus, a federal green tech funding pullback in the U.S. is hitting Vice President JD Vance’s hometown.

“Marketplace” host Kai Ryssdal needs a bit of help doing his classic “The Numbers” stock market segment so Ryan jumps in to save the day. The only problem is, he has no idea what any of it means. Ryan and Bridget head to Wall Street to learn about the stock market and answer Aditya’s question: how do stocks make money? Things get competitive as the duo try investing in stocks for themselves and see who can make more money.

If your family is interested in learning even more about today’s question, check out our website. We’ve got conversation starters and a tip sheet!

This episode is sponsored by Greenlight. Sign up for Greenlight today at greenlight.com/million.

AI chatbot adoption is moving rapidly. We can already ask the tools to help us find local restaurants, a good deal on an item we’re looking to purchase. And soon, we’ll even be able to buy products from Walmart through ChatGPT. But as more people turn to AI for search and shopping, what happens to small businesses that traditionally depend on web searches and online reviews?

President Trump expressed doubt that Ukraine could defeat Russia and win back all the land Moscow has seized since it first invaded in 2014. His renewed skepticism comes following his meeting on Friday with Ukrainian President Zelenskyy in which Trump declined Ukraine’s requests for long range missiles. Nick Schifrin reports. PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy

In our news wrap Monday, the Louvre remained closed as investigators hunt for those responsible for a heist of some of France's most precious jewels, Amazon's cloud computing service says a problem with its domain name system is responsible for a global outage and the Supreme Court will hear a Second Amendment challenge involving a law that bans regular drug users from having a gun. PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy

Colombia recalled its ambassador to the U.S. amid rising tensions after strikes against boats the Trump administration claimed were drug traffickers. Colombian President Gustavo Petro accused President Trump of murdering a Colombian fisherman in one of those strikes. Trump called Petro an “illegal drug dealer." Amna Nawaz discussed more with Ivan Duque, the president of Colombia from 2018 to 2022. PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy

Our picture of the U.S. economy grows fuzzier each day the government shutdown continues. The Bureau of Labor Statistics, which publishes the most reliable economic data, has been a barebones operation since the shutdown began. In this episode, how this month’s data from the public and private sectors may be affected. Plus: Recruiters give mixed takes on the job market, oil services companies are up against low prices and a supply glut, and streaming platforms set their sights on video games and podcasts.

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