Know how the government shutdown put the kibosh on federal data distribution, like last week’s cancelled September jobs report? Well experts haven’t just had a tough week of interpreting this economy — they’ve had a tough year. In this episode, the Trump administration’s policies have uniquely muddied traditional economic forecasting. Plus: Adjustable-rate mortgages grow in popularity, the food and beverage industry adapts to GLP-1 proliferation, and an American furniture manufacturer discusses Trump’s tariffs.
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It's been a week since a federal shutdown ground work at numerous government agencies to a halt.
There's no indication that an agreement could come soon, as Republicans and Democrats in congress trade continue blame. Meanwhile, federal workers are stuck in limbo, and its unclear when or if they'll be able to return to their jobs.
NPR's Labor Correspondent Andrea Hsu and political reporter Stephen Fowler explain what's causing the impasse in congress and what's at stake for the federal employees caught in the middle.
For sponsor-free episodes of Consider This, sign up for Consider This+ via Apple Podcasts or at plus.npr.org.
Former FBI director James Comey has pleaded not guilty in a US federal court to charges of making false statements to Congress and obstruction of justice.
Also on the programme: President Trump has called for the jailing of Illinois governor and Chicago mayor, accusing them of not doing enough to ensure the safety of federal immigration officers who are conducting raids in Chicago; France's outgoing Prime Minister Sébastien Lecornu says President Emmanuel Macron could nominate a new prime minister in the next 48 hours; and the award-winning musical 'Les Misérables’ turns 40.
(Photo:James Comey, former director of the FBI, is seen in a frame grab from a video feed as he is sworn in remotely from his home during a Senate Judiciary Committee hearing exploring the FBI's investigation of the 2016 Trump campaign and Russian election interference in Washington, on the 30th of September 2020. Credit: U.S. Senate Committee on the Judiciary/Handout via REUTERS)
Yesterday was the two-year anniversary of Hamas’ horrific Oct. 7, and in its wake, it sparked a wave of unbridled antisemitism that’s become normalized in society. The latest example in media is when CNN’s Van Jones claimed the media ignores the genocide in Nigeria because “they’re not Jewish,” coining the phrase “No Jews. No news.”
Victor Davis Hanson addresses Jones’ comment and breaks down how history and ideology shape what the media choose to see and what they ignore on today’s episode of "Victor Davis Hanson: In His Own Words."
“The people who are killing innocent Nigerian Christians, perhaps 130 over the last 15 years, are black Islamic terrorists, Boko Haram. And in the hierarchy of DEI, the Left does not criticize groups that they feel are on the oppressed or victimized side of this Marxist binary. So, in their way of thinking, you do not criticize black Islamicists, even when they kill black Christians, to the same degree you would if they were other Christians or they were white settler colonialists, as the Left calls them.”
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The Nasdaq and S&P 500 hit highs. Plus: AST SpaceMobile announces a partnership with Verizon. And Equifax stock rises after announcing it will cut prices. Katherine Sullivan hosts.
An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor.
P.M. Edition for Oct. 8. Minutes from the September meeting of the Federal Reserve offered more details about divisions among the governors and how they are thinking about rate cuts for the rest of this year. But as WSJ chief economics correspondent Nick Timiraos tells us, the government shutdown could complicate the Fed’s balancing act. Plus, as the country’s top drugmakers are set to meet in early December, WSJ White House reporter Annie Linskey discusses how family members of President Trump and Commerce Secretary Howard Lutnick are poised to benefit from efforts to remake the industry. And advertisers, who spend tens of millions of dollars per year on digital ads, are pushing tech companies for more transparency around how those digital ads work. We hear from WSJ reporter Patrick Coffee about the proposal and why advertisers are asking for these standards. Alex Ossola hosts.
We continue our look at the ramifications of the two years of Israel’s war against Hamas in Gaza. We go to southern Lebanon where demolitions and attacks on towns near the boarder with Israel continue even after a cease-fire between the two countries was put in place.
Plus: The Nobel Prize in Chemistry is awarded to a trio of scientists for their work in developing molecular structures known as metal-organic frameworks, or MOFs. And shares of Rocket Lab rally after deal with Japanese satellite maker. Julie Chang hosts.
Ravi Gupta asks: What if the greatest risk in markets today isn’t missing out on AI—but believing it can never crash? In this solo deep dive, he unpacks why today’s trillion-dollar bets on artificial intelligence may mirror past manias—and why, with pensions, private equity, and passive index funds all in the mix, the next downturn could look less like Silicon Valley in 2000 and more like Japan’s lost decade. All of these arguments build toward a single point: how Ravi is rethinking his own portfolio, and why he believes resilience—not hype—is the smarter path forward.
OpenAI has launched apps within ChatGPT in its bid to both add functionality and improve monetization of the product. We discuss how this is both an opportunity and a threat to the biggest tech companies in the world, including Zillow, Amazon, Booking.com, and Target.
Travis Hoium, Lou Whiteman, and Rachel Warren discuss:
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