State of the World from NPR - Germany Rearms
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Many Americans are enduring a brutal heatwave this week. For those who work outside, the heat can be deadly. On today’s show, we’ll check in on a proposed heat safety law that would require employers to offer more breaks when the temperature rises above a certain threshold. Under the Trump administration, the law’s future is uncertain. And, the housing market can’t seem to break out of its slump. Plus, the lengths some Americans will go to score some Indian mangoes.
Here’s everything we talked about today:
"The Perilous Business of Importing Indian Mangoes to the U.S." from The New York Times
Got a question for the hosts? Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.
Their volatile, inconsistent messaging isn’t new. Victor Davis Hanson unpacks the deeper story behind the chaos of how the Democrat Party has surrendered to its most radical base on today’s episode of “Victor Davis Hanson: In His Own Words.”
“The Left knows that they are not polling well. They know that the party's base is controlling their narrative, and they know that that narrative supports issues from transgenderism, to an open border, to lax enforcement of criminal statutes, to something like Kabul, abroad, that has no public support. And they're angry.
“ Whatever Donald Trump has done to them—and maybe that will be his lasting legacy—he had the ability to expose what used to be Democrats, as absolutely unhinged and nihilistic. And I don't think anybody wants any part of them.”
👉 This episode is sponsored by the Pepperdine School of Public Policy. Learn more: https://go.pepperdine.edu/dailysignal
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(0:00) The Left's Polling Problem and Internal Anger
(1:48) The Left's Reaction to the Iran Bombing
(3:14) Unhinged Statements from the Left
(6:39) Gavin Newsom's Political Maneuvering
(8:29) Final Thoughts
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Tesla logs another month of steep sales declines in the European Union. Plus: FedEx stock drops after the shipping company said it expects to lose $170 million as a result of tariffs. Julia Carpenter hosts.
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P.M. Edition for June 25. Talks between Shell and rival BP are in their early stages, according to people familiar with the matter, but a tie-up would be the largest oil deal in a generation. WSJ reporter Ben Dummett discusses what each company would get out of a deal. Plus, Wall Street is panicking after Democratic Socialist Zohran Mamdani won the Democratic primary for New York City mayor. We hear from reporter Kevin Dugan about what Wall Street is worried about. And the war between Israel and Iran has revived China’s interest in a pipeline that would import Russian natural gas. WSJ foreign correspondent Georgi Kantchev weighs in on the geopolitical impact of such a move. Alex Ossola hosts.
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A stablecoin stock isn’t so stable; an accessible watch brand looks to lean into luxury.
(00:21) Asit Sharma and Mary Long discuss:
- The housing market slowdown, and where prices go from here.
- How Carnival rides the waves of uncertainty.
- Circle’s meteoric rise.
- Diworsification at a watch company.
The Wall Street Journal story discussed at the end of the show can be found here: https://www.wsj.com/business/american-investor-steven-wood-swatch-hayek-founding-family-7e17f6c6
Companies discussed: CCL, CRCL, COIN, SWGAY
Host: Mary Long
Guest: Asit Sharma
Producer: Ricky Mulvey
Engineer: Dan Boyd
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The new head of the Catholic Church, Pope Leo XIV, is making artificial intelligence a signature issue. Last week, the Vatican hosted tech leaders at a two-day international AI conference in Rome. WSJ’s Margherita Stancati reports on why Silicon Valley is watching to see if Leo will use the Church’s moral authority to push for stronger AI rules. Jessica Mendoza hosts.
Further Listening:
- The Financial Mess Facing the Vatican
- Pope Francis Has Died. What’s Next for the Catholic Church?
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Host Jennifer Sanasie breaks down the latest news in the crypto industry as Republic is set to let retail investors gain exposure to SpaceX.
Investment firm Republic is set to let retail investors gain exposure to Elon Musk’s SpaceX, one of tech’s most coveted startups. Plus, will we see a Truth Social Bitcoin and Ethereum ETF listed on the New York Stock Exchange? CoinDesk’s Jennifer Sanasie hosts “CoinDesk Daily.”
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Ledn is the leading platform for Bitcoin-backed loans, offering a secure and transparent way to unlock liquidity without selling your Bitcoin. Ledn has issued over $9 billion in loans since 2018 and has never lost a single satoshi of client assets, earning a reputation as the name you can trust in the crypto space.
Visit ledn.io to learn more.
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This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.
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Plus: A plan to let you bet on SpaceX. And the Genius Act could spell trouble for Tether in the U.S. Victoria Craig hosts.
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