Category: 4-FrequentNewsStreams

Usually a relatively quiet affair, this year’s World Economic Forum made headlines as President Donald Trump walked in with threatening language over wanting to acquire Greenland and left with what he said was a framework deal that would avoid a new trade war. We'll discuss the lasting impact. Plus, TikTok looks to be here to stay. And, from Marketplace's "This Is Uncomfortable," we hear about the importance of how people feel about their finances.

From the BBC World Service: Sanctions on the export of Russian oil have left many ships stuck at sea, unable to unload their cargoes. Today, we speak with a captain of an oil container ship that's part of Russia’s shadow oil export fleet. His ship and the crew are stranded, unable to sell or offload their ship's oil. Then, we head to Slovakia, which manufactures more cars per capita than any other country in the world.

A Micron memory chip factory in upstate New York is wrangling with local groups who want legal assurances the project will benefit the local community. Plus, YouTube plans to crack down on AI slop.

But first, it's shaping up to be a big year for very big initial public offerings. Elon Musk is reportedly preparing to take SpaceX public at an anticipated valuation of around $1.5 trillion. AI companies Anthropic and OpenAI are also expected to follow suit this year.

Marketplace’s Meghan McCarty Carino spoke with Paresh Dave, senior writer at Wired, to discuss all these topics on this week’s “Marketplace Tech Bytes: Week in Review.”

President Trump returned to Washington after wrapping a whirlwind trip to Davos for the World Economic Forum. He seems to have defused a crisis he created by insisting the U.S. acquire Greenland. Trump also presented his plan for what he calls the Board of Peace, established to oversee the ceasefire and post-war plans for Gaza. Amna Nawaz and Nick Schifrin report. PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy

In our news wrap Thursday, Donald Trump is suing JPMorgan Chase and CEO Jamie Dimon for $5 billion, saying the company closed his accounts for political reasons after he left office in 2021, the U.S. withdrew from the World Health Organization a year after Trump signed an order setting the exit in motion and "Sinners" broke the record for Oscar nominations with 16, including Best Picture. PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy

Revised GDP data for this past summer shows the U.S. economy grew faster than we initially thought. A few key parts of the private services sector propelled that growth. In this episode, which parts of the economy are actually doing pretty well. Then: Gap leans in to “fashiontainment,” packaging costs weigh on food prices, and elderly care facilities stand to lose critical employees when TPS ends for Haitian immigrants.

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President Trump has routinely sought to influence the business dealings of U.S. media companies, including Netflix and Paramount’s fight over the future of Warner Bros. Rodney Benson, author of the book “How Media Ownership Matters,” has argued there’s a word for this trend: media capture. On today’s show, Benson joins Kimberly to explain how the phenomenon works and why he believes it’s playing out in the U.S. Plus, we’ll smile about the wonders of the cosmos.

Here’s everything we talked about today:

• "Trump World Is Picking Sides in the Battle for Warner Bros." from The Wall Street Journal
• "Is the US Media Captured?" From Columbia Journalism Review
• "Trump's Year of Media Capture" from Rolling Stone
• "Inside Bari Weiss’s Hostile Takeover of CBS News" from The New Yorker
• "Rodney Benson on the Value of Publicly Backed Journalism" from Columbia Journalism Review

Join us tomorrow for “Economics on Tap.” The YouTube livestream starts at 3:30 p.m. Pacific time, 6:30 p.m. Eastern.

Chicago Restaurant Week is back starting Friday, Jan. 23 until Feb. 8. In the Loop sits down with WBEZ food and drink writer Maggie Hennessy and moderator of local food subreddit group Mitch Gropman, to discuss all things Chicago food. We also get tips to make snagging your next reservation a breeze. For a full archive of In the Loop interviews, head over to wbez.org/intheloop.

President Donald Trump acknowledged yesterday that he'll need help from Congress to cap credit card interest at 10%. He also talked about this at the World Economic Forum; at another Davos venue, JPMorgan Chase's Jamie Dimon said that capping cards would cause "economic disaster." We dig in. Plus, tax breaks from the "Big Beautiful Bill" should boost the economy (temporarily), and boosting Venezuela's oil production could have serious environmental impacts.

Following the president's intervention in Venezuela, the Trump administration is escalating threats against several sovereign nations. Now, Cuba is set to lose access to one of its main suppliers of oil, adding pressure to its increasing energy shortage and an already struggling economy. This morning, we'll discuss with the BBC's Will Grant. Plus, President Donald Trump’s pivot on Greenland was well-received on Wall Street, and renter affordability is improving.