Category: 4-FrequentNewsStreams

From the BBC World Service: The European Union says it's close to agreeing a trade deal with the South American economic bloc Mercosur, which represents Brazil, Argentina, Paraguay, and Uruguay. The agreement covers all aspects of trade, but the most controversial area is agriculture. Farmers have been protesting because they fear a glut of cheap imports. Then, the European Commission unveiled its first-ever roadmap for tackling a Europe-wide housing affordability crisis earlier this week. We'll discuss it with the EU's housing Commissioner.

Search engines, social media, e-commerce, and mobile games all make money by selling advertising. But making ads work in AI search might not be so straight forward. Perplexity, for instance, reportedly pulled back on plans to integrate ads into their AI search engine. And internal documents showed the company made only $20,000 in ad revenue in the fourth quarter last year.

Marketplace’s Meghan McCarty Carino spoke with Garrett Johnson, professor of marketing at Boston University to get a sense of why jumping into the ad business is difficult.

In our news wrap Wednesday, the surviving suspect in the shooting at Australia's Bondi Beach has been charged with 15 counts of murder, former special counsel Jack Smith testified privately to lawmakers that investigators found proof that President Trump criminally conspired to overturn the 2020 election and Warner Bros. urged shareholders to reject Paramount's hostile takeover bid. PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy

President Trump continued his rhetorical campaign against Venezuela's President Nicolas Maduro, as a large American Naval force sits in the waters off the coast. The U.S. will actively blockade and seize vessels it had already sanctioned, a move some critics have called an act of war. Nick Schifrin reports and Geoff Bennett discusses the latest with David Smilde. PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy

A U.S. blockade of Venezuelan oil tankers may sound disruptive, but global oil is plentiful, and Gulf Coast refiners remain tied to Venezuela’s heavy crude after decades of investment. If sanctions are lifted and Venezuelan oil flows again, it could benefit refiners and drivers alike. Also in this episode: why bank deposits are growing, how the Gap staged a successful turnaround, and where trade workers are experimenting with AI.

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Despite the federal government cutting tax credits for clean energy, Illinois continues to invest in grants for residents, municipalities and organizations to make the switch to solar energy. In the Loop hears from Senyo Ador, co-founder of the local green energy company Sesenergi Eco Solutions Enterprise and our sustainability contributor Karen Weigert. For a full archive of In the Loop interviews, head over to wbez.org/intheloop.

We get a firehose of economic data this week. As these numbers come in, one thing is becoming clearer: Wage gains are stalling, and inflation has been heating up. What's that mean for affordability and consumers? Then, we check on oil prices after President Donald Trump ordered a blockade of Venezuelan oil tankers. Plus, we bring you the second part of our conversation with June Hagin, a night shift worker at a West Harlem Christmas tree lot.

It's an annual tradition in New York City: Each December, pedestrians fight for walking room on sidewalks populated by lush firs and frasers. Staffed by seasonal workers, these Christmas tree lots are often open 24 hours a day. We visited one of these tree stands on a sidewalk in West Harlem just after midnight to learn about the biz. But first, holiday season retail sales numbers out yesterday from the Census Bureau were unexpectedly flat.

From the BBC World Service: FIFA has said it will release $60 seats for next year's World Cup, following complaints from fans over high prices. After all, average ticket prices are about seven times what World Cup tickets cost when the event was hosted in Qatar. Thing is, there's a catch. Then, French soccer player Kylian Mbappé has been awarded $70 million in compensation for unpaid wages in a court case against his former club, Paris-Saint Germain.

A career in tech was once seen as a safe bet — the jobs were plentiful, the pay was ample. But this year the tech sector had another “meh” year for hiring according to the job site Indeed. Tech jobs have been declining now for several years, but this year, the losses at least seemed to stabilize, according to Indeed's latest Jobs & Hiring Trends Report. Still, job postings in the industry remain well below their pre-pandemic baseline.

Marketplace’s Meghan McCarty Carino spoke with Indeed senior economist Cory Stahle for a look at how this year turned out for the tech job market.