Latest from James Graham

• Dec 22, 2022

  Two execs tied to FTX plead guilty to criminal charges as SBF is extradited to U.S.

  

  The former executives are Caroline Ellison, who headed Alameda Research, and Gary Wang, an FTX co-founder. Also, as part of our Econ Extra Credit series on “It’s a Wonderful Life,” we discuss community-centered banking.

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• Dec 22, 2022

  Brexit puts the brakes on U.K. trade

  

  From the BBC World Service: When the U.K. left the European Union, it stepped away from a free trade area. Negotiations for the new relationship were long and complex, concluding just before Christmas two years ago. Now, more than half of U.K. businesses who trade with Europe say they’ve faced problems with those new arrangements. We hear from some of them. Plus, one of the biggest manufacturers of electric trucks in the world says adoption of the new technology is being held back by the energy crisis. And, what are the latest trends in the global toy market?

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• Dec 21, 2022

  Wells Fargo’s miscues prove costly

  

  The Consumer Financial Protection Bureau settled with the bank, which will pay billions in fines and damages. We get into the details. Elsewhere, a report examines the struggles of tribes and federal relief funding.

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• Dec 21, 2022

  Attention, adults who dig Legos, action figures and other toys: Companies see you.

  

  First, Twitter boss Elon Musk said he’ll abide by the results of a poll that showed a majority of users wanting him to step down. We check in on the Colorado River. Also, nostalgia among adults is boosting the toy industry.

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• Dec 21, 2022

  Europe’s car industry urges President Biden to keep its sales numbers safe

  

  From the BBC World Service: European car manufacturers are asking President Biden to make sure subsidies for U.S. made electric vehicles don’t end up harming their sales. UK ambulance workers go on strike over pay, with people being warned their emergency calls may not be answered. Plus the Australian foreign minister, Penny Wong, is in China for talks after several years of diplomatic tension.

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• Dec 20, 2022

  The creators of “Fortnite” agree to pay an epic price

  

  Epic Games will be paying more than $500 million to settle claims from the Federal Trade Commission that say the company violated the privacy protections of kids and fooled players into making in-game purchases. Michael Schumacher of Wells Fargo Securities talks rising interest rates and the bank of Japan. Also, female truckers have a bone to pick with Facebook.

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• Dec 20, 2022

  Teachable economic moments found in a holiday classic

  

  First, a $1.7 trillion spending bill could help avoid a partial government shutdown. The movie “It’s a Wonderful Life” carries a little of bit of economic history, which we dive into.

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• Dec 20, 2022

  Russia reacts to E.U. gas cap

  

  From the BBC World Service: Russia has described the European Union’s cap on the price of gas as “an unacceptable market attack”. The limit was agreed in response to soaring energy bills caused by Russia’s war on Ukraine. Plus North Korea has criticized Japan’s decision to double its defense spending. And European traders at the Christmas markets in northern England tell us about how they’re coping with the challenges of soaring inflation and Brexit regulations.

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• Dec 19, 2022

  Consumers still spending under the cloud of recession talk

  

  Despite economists’ speculation about a recession and some signs of caution from consumers, Julia Coronado of MacroPolicy Perspectives notes that the broad data still looks solid. Elsewhere, the market for single-family homes looks to be slowing. The BBC offers up a tale about the role of the transistor radio in regions of the world that aren’t covered by the blanket of internet and smartphones.

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• Dec 19, 2022

  Twitter users have spoken. Most of them want Elon Musk out.

  

  This is according to a poll from the billionaire … will he follow suit? Also, we tell you what things to look for if you’re worried about a recession. The BBC reports on a biodiversity summit in Canada.

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