Latest from Jay Siebold

• Jun 20, 2022

  It’s been a wild weekend for crypto. What’s next?

  

  Cryptocurrency has had a rough ride over the weekend. Bitcoin dropped below a benchmark level on Saturday, then bounced back Sunday. Other cryptocurrencies have dropped as well. Part of the selloff deals with recession fears, but we discuss what else could happen. The surge in interest seen in Black-owned bookstores since the uproar over George Floyd’s 2020 murder has started to dissipate. Diabetics are sharing medicine and other items with each other due to the high price of insulin.

  Read MoreSaveShare
• Jun 20, 2022

  Colombia elects its first left-wing president

  

  From the BBC World Service: Gustavo Petro, a former rebel fighter and now the president-elect of Colombia, has promised real economic change after winning 55% of the vote in Sunday’s election. A team from the International Monetary Fund has arrived in Sri Lanka and will begin talks today on the country’s dire economic crisis. In central Africa, there are fears that uncontrolled development is endangering one of the world’s largest peatlands – boggy territory that captures billions of tons of carbon dioxide.

  Read MoreSaveShare
• Jun 17, 2022

  Port unions and tech changes have a long, sometimes contentious history

  

  As supply chain issues linger, ports on the West Coast are in the middle of renegotiating labor contracts with the union that represents dock workers. One major talking point: automation. It’s part of a length history of dock workers being wary of tech innovations that could threaten jobs. We look at how renewable energy is becoming more available in Texas, but faces an infrastructure in need of an update. 

  Read MoreSaveShare
• Jun 17, 2022

  The West has frozen Russian assets, but getting to them is another matter

  

  The Russia-Ukraine conflict has caused billions in economic damage to Ukraine. Many Western leaders suggest that money from seized or frozen Russian assets should held rebuild the country, but as The Economist’s Matthieu Favas tells us, that’s much easier said than done. A wave of flight cancellations has burdened airlines once again. The BBC checks in regarding the World Trade Organization holding its first conference of ministers in five years.

  Read MoreSaveShare
• Jun 17, 2022

  Ukraine to be recommended for European Union candidate status

  

  From the BBC World Service: Senior EU officials are expected to give their recommendation today to grant Ukraine candidate status for membership, but several economic hurdles still stand in the country’s way. The World Trade Organization has held its first ministers’ conference in five years, reaching agreements on patent waivers for COVID vaccines and fishing. And as French voters return to the polls this weekend for the second round of parliamentary elections, we visit a struggling farmer who has staved off bankruptcy by opening a cabaret show in his barn.

  Read MoreSaveShare
• Jun 16, 2022

  Interest rate hikes can come with a cost

  

  Fresh off the Fed’s interest rate hike, we look at how the federal funds rate – which affects consumer debt – could impact monthly payments on things like car loans and mortgages. Bear markets are a harrowing time for everyone, but especially nonprofits. Michael Schumacher of Wells Fargo discusses market activity with us.

  Read MoreSaveShare
• Jun 16, 2022

  How companies can meaningfully mark Juneteenth

  

  Juneteenth is a powerful day in history that marks the end of slavery in this country. However, big companies have been criticized for commercializing the holiday. We speak with Jeanine Poggi of Ad Age on how companies have missed the mark and what they should consider going forward. The Fed’s interest rate hike of three quarters of a percentage point raises questions of what’s next, not only for the Fed, but for the economy.

  Read MoreSaveShare
• Jun 16, 2022

  European leaders in Ukraine for talks with Zelenskyy

  

  France’s president, as well as leaders from Germany, Italy, and Romania, are in Kyiv to meet their Ukrainian counterpart. Volodymyr Zelenskyy is expected to push the EU leaders to speed up military aid. The plunge in Bitcoin’s value has so far done little to change monetary policy in El Salvador, where it’s accepted in everyday transactions. And as nearly half of Afghans go hungry, even scraps of stale bread are an important commodity to be bought and sold in Kabul markets.

  Read MoreSaveShare
• Jun 15, 2022

  How “red flag laws” help states with gun control

  

  The Senate bipartisan agreement for a framework on gun control includes increasing the ability of states to enact “red flag laws.” We examine what those are, and how they’re supposed to work. New York lawmakers have set their sights on slowing down crypto mining. The BBC’s Victoria Craig checks in regarding the emergency meeting of the European Central Bank.

  Read MoreSaveShare
• Jun 15, 2022

  Decision time on interest rates arrives for the Fed

  

  It’s the day markets have been waiting for: The Federal Reserve policy-making committee wraps up two days of meetings. The central bank’s latest moves on interest rates are expected to be known in the afternoon. China correspondent Jennifer Pak details some of the struggles of Shanghai residents as the city emerges from its lengthy COVID lockdown. The landscape of school security continues to change following the mass shooting in Texas.

  Read MoreSaveShare