It’s a big week for bank earnings. JPMorgan, Wells Fargo, and Citigroup reported quarterly results on Tuesday; Bank of America and Morgan Stanley report on Wednesday. Overall, banks are pulling in plenty of revenue — especially from their investment banking and trading departments. But the old-fashioned business of lending out money has been more of a mixed bag. We'll unpack. Also on the show: a major cryptocurrency scam and the economics of Broadway contract negotiations.
Marketplace All-in-One - Food tour of the future
Climate change is changing what we eat. As the planet heats up, foods like salmon, chocolate and coffee might be harder to come by and more expensive to buy. In this episode, the “How We Survive” team goes on a food tour around Northern California to find out how tech entrepreneurs are finding new ways to make all sorts of foods that are under threat from the impacts of the climate crisis.
Marketplace All-in-One - A conversation with Nobel laureate Joel Mokyr
Joel Mokyr is a professor at Northwestern University, who — along with Philippe Aghion and Peter Howitt — won the Nobel prize in economics earlier this week. Today, Mokyr joins the program to discuss how major technological changes can boost economic growth — that is, if politics and institutions can adapt quickly enough. Plus, why the bankruptcies of First Brands and Tricolor Holdings are raising questions about private credit markets and big banks’ exposure to them.
Marketplace All-in-One - Greece decides on a 13-hour working day
From the BBC World Service: Greece's government is voting on a bill authorizing private sector employees to work up to 13 hours a day, if both employee and employer agree. Labor unions have called mass strikes in protest, paralyzing the public sector. This comes as Greece faces high debt, rising inflation, and lower wages than much of the European Union. Plus, Japan is holding its biggest-ever technology trade show, centered on integrating AI into our daily lives.
Marketplace All-in-One - FCC cuts expansion to broadband, hotspot access
Before the government shutdown, the Federal Communications Commission voted to end funding for Wi-Fi on school buses and the lending of hotspot devices from libraries. Nicol Turner Lee, author of “Digitally Invisible,” said this could further the digital divide for marginalized communities.
PBS News Hour - World - Freed Israeli hostages face long road to physical and mental recovery
The fragile Israel–Hamas ceasefire faces new tension. All 20 living hostages were released on Monday and were supposed to be accompanied by the bodies of 28 deceased hostages. But as of Tuesday evening, only eight have been handed over. As Leila Molana-Allen reports, caring for the living is now a priority, while awaiting the delivery of the dead is excruciating. PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy
PBS News Hour - World - Finding remains of hostages in Gaza will be ‘immense challenge,’ Mideast analyst says
As the Israel–Hamas ceasefire faces tensions, Geoff Bennett discussed the latest developments with Yousef Munayyer. He’s the head of the Palestine/Israel Program and senior fellow at Arab Center Washington DC, a non-profit research group. PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy
PBS News Hour - World - News Wrap: Trump says U.S. forces struck another drug boat off Venezuela
In our news wrap Tuesday, President Trump announced U.S. forces struck another boat off Venezuela that he says was a drug vessel, Trump hosted Argentina's president at the White House, the man who set fire to the Pennsylvania governor's mansion in April pleaded guilty to attempted murder and a massive Pacific storm is battering the West from California to the Rockies. PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy
Marketplace All-in-One - Big banks’ boom time
Amid all the anxiety, uncertainty and flip-flopping in this economy, one sector is doing tremendously: Big banks. Recent earnings reports showed banks including Citibank and JPMorgan beat revenue expectations and grew at a clip over the past few months. In this episode, why banks are thriving as regulations loosen and the economy gets unpredictable. Plus: A growing share of small businesses are raising prices in response to tariffs, Microsoft stopped updating Windows 10, and battery makers weigh pivot from EVs to grid storage.
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In the Loop with Sasha-Ann Simons - Hospitals Must Remain Sanctuaries Say Local Public Health Experts
In an op-ed in the Sun-Times, public health experts call for maintaining medical facilities as “sanctuaries that protect human life,” and outline steps to protect patients from immigration enforcement. In the Loop talks with Dr. Linda Rae Murray, professor, University of Illinois Chicago’s School of Public Health and former chief medical officer of the Cook County Department of Public Health, and Dr. Claudia Fegan, national coordinator for the Physicians for a National Health Program and former chief medical officer of Cook County Health.
For a full archive of In the Loop interviews, head over to wbez.org/intheloop