Marketplace®

Daily business news and economic stories

Jonathan Frewin

Latest from Jonathan Frewin

  • Ukrainian chef and author Olia Hercules is finding new ways to fundraise for families left behind in her hometown.
    BBC/Victoria Craig

    From the BBC World Service: The U.S., which has already sent $10 billion to Ukraine, is expected to announce another $3 billion package, the largest so far. Charities of all shapes and sizes have been doing what they can on the ground, but recently giving has slowed. We caught up again with Ukrainian chef and cookbook author Olia Hercules in her London home to hear about her latest fundraising efforts. And, South Africans are taking to the streets to protest against soaring food and fuel prices, and ongoing power cuts.

    Read More
  • NEW YORK, NEW YORK - MAY 18: Traders work on the floor of the New York Stock Exchange (NYSE) on May 18, 2022 in New York City. The Dow Jones Industrial Average fell over 1000 points as markets continue their volatile trend.
    Spencer Platt/Getty Images

    Markets saw their worst day yesterday since June with traders worried about potentially more interest rate increases to come from the Federal Reserve. We’ll get a better idea of where the Fed is at when Chair Jerome Powell speaks Friday at the Jackson Hole Economic Symposium. Today, we spoke with Stifel chief economist Lindsey Piegza about what might be next in the Fed’s fight against inflation. Plus, the average minimum salary someone is willing to accept for a new job has risen since last year. We get the latest snapshot of the labor market. And, the demand for help from local abortion funds has risen as some states move to restrict or ban abortion.

    Read More
  • Feeling anxious about a potential recession? You’re not alone.
    Justin Tallis/AFP via Getty Images

    There’s fresh data out on when and if the U.S. economy will see a recession — 72% of economists surveyed by the National Association of Business Economics believe we’ll be in a recession a little less than a year. But all this recession talk weighs on Americans and their mental health. We talked to one therapist and executive coach about why we may be feeling more anxious about the economy this time around. Plus, Ford announced yesterday that it would lay off 3,000 workers to cut costs as the automaker moves more toward electric vehicles. And, we hear about the economics of offshore wind farms in Scotland.

    Read More
  • One of Europe's largest chemical and fertiliser producers, the Polish firm Grupa Azoty, says it has temporarily suspended some production due to high natural gas prices.
    Jaap Arriens / AFP

    From the BBC World Service: Poland’s Grupa Azoty is one of Europe’s biggest fertilizer and chemical producers. It’s now suspended fertilizer production and cut back further on manufacturing of other chemicals due to the high natural gas prices. Plus, Scotland’s largest offshore wind farm is now generating electricity and will eventually generate enough power for 1 million homes. And, Japan’s supermarket on wheels is offering a lifeline to older consumers.

    Read More
  • CHOWCHILLA, CALIFORNIA - MAY 26: A tractor kicks up dust as it plows a dry field on May 26, 2021 in Chowchilla, California. As California enters an extreme drought emergency, water is starting to become scarce in California's Central Valley, one of the most productive agricultural regions in the world. Farmers are facing a shortage of water to use on their crops as wells and reservoirs dry up. Some are pulling out water dependent crops, like almonds, or opting to leave acres fallow. (Photo by Justin Sullivan/Getty Images)

    A federal relief program for farmers of color is facing changes with the passage of the Inflation Reduction Act. We delve into how the legislation strips out language referencing race, and what that means for farmers who have been waiting for the money. We talked to Julia Coronado, founder and president of MacroPolicy Perspectives, on the latest in the global economy and the buzz ahead of the Jackson Hole Economic Symposium hosted by the Federal Reserve. Also, we hear from Japan about the country’s struggle to combat work days that are so long they might be illegal.

    Read More
  • Chevron recently launched a "news" website in the Permian Basin in Texas, complete with local stories about puppies followed by advertisements for the oil giant.
    Justin Sullivan/Getty Images

    The oil giant Chevron recently launched a news website geared toward the population of the Permian Basin in Texas, complete with local stories about puppies laid side by side with stories about the company. We talk to Molly Taft, who writes for Gizmodo, about what this site says about journalism in the digital age. Plus, there’s a new report out today from the Joint Economic Committee in Congress that delves into which people are most susceptible to being “unbanked” and “underbanked,” and what kinds of problems that causes. And, Cineworld, the owner of the Regal chain of movie theaters in the U.S., has filed for bankruptcy protection.

    Read More
  • A liquefied natural gas importation terminal on the Isle of Grain, England.
    Dan Kitwood/Getty Images

    From the BBC World Service: A rare cargo of liquified natural gas is arriving in England, and some of it could be piped to mainland Europe. Many European countries are struggling to find a solution to an energy crisis after Russia cut gas flows through the Nord Stream 1 pipeline to just 20% of normal levels. Plus, more than 10,000 employers in Japan have been found to be forcing staff to work illegally long hours. And, as South Africa expands its vaccine production capacity, is more localized manufacturing still relevant?

    Read More
  • A "For Sale by Owner" sign is posted in front of property in Monterey Park, California on April 29, 2020. - Home prices in the US grew in February to its highest level in over a year heading into the traditional Spring selling season but momentum in the nation's housing market has been reversed due to the coronavirus pandemic. (Photo by Frederic J. BROWN / AFP) (Photo by FREDERIC J. BROWN/AFP via Getty Images)

    Data this week seem to indicate that the white-hot housing market is finally cooling down. We dive into what could be causing the chilling effect, including rising interest rates and still-sky-high prices for homes. And, we speak to FHN Financial chief economist Christopher Low about the latest buzz with the Federal Reserve and meme stocks.

    Read More
  • The threshold where heat starts to really affect how well people can focus and work is roughly 90 degrees, says Amir Jina at the University of Chicago.
    Mark Makela/Getty Images

    It’s been a hot summer in much of the country so far, and the number of extremely hot days is expected to rise because of climate change. We look into how heat affects worker productivity, especially for people who work outside. The Big Ten collegiate sports conference closed in on what’s being reported as the most lucrative sports media contract in college sports yesterday. We cover the details. And, hear from two enterprising youngsters in Wisconsin who got a chicken coop and started their own business selling eggs.

    Read More
  • Food delivery, ride hailing, social media, online insurance, and education technology firms have all been subject to stricter government regulation over the last two years.
    NICOLAS ASFOURI/AFP via Getty Images

    From the BBC World Service: After two years of regulatory crackdown, why has there been such a stark and sudden change in tone toward the Chinese tech sector? Plus, the sister of North Korean leader Kim Jong Un has rebuffed an aid plan from South Korea calling it “the height of absurdity.” And, how extra summer sun is great for Sweden’s light-time economy.

    Read More