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Daily business news and economic stories

Meredith Garretson Morbey

Latest from Meredith Garretson Morbey

  • A view of Broadway Avenue in Cleveland, Ohio.
    Tim Evanson/Visual hunt

    People are now wondering what an economic slowdown in China might mean for the rest of the world after Apple’s downgraded revenue forecast pointed to slowing iPhone sales in the country. Also, the Department of Labor is trying to fix its visa application website after it crashed earlier this week. You can’t blame the shutdown for this; instead this is tied to a record number of requests for temporary worker permits. We then look at how renting has become the residential method of choice following the burst of the housing bubble. This is especially true in places like Cleveland, Ohio, which have typically seen as an “affordable” places not to rent, but to buy a house. Today’s show is sponsored by Indeed, Pitney Bowes and Wasabi Hot Cloud Storage.

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  • A stop sign is seen near the White House during a government shutdown in Washington, D.C., in December.
    Andrew Caballero-Reynolds/AFP/Getty Images

    Apple’s Wednesday announcement of weaker iPhone sales in China affecting its revenue forecast has made an impact on the global markets. Shaun Rein of the China Market Research Group walks us through the news. Then, we look at the effects of the partial government shutdown on the construction business, which is missing key economic data that would have been released by the Commerce Department. Also, we look at how some states are handling medical leave, as many people are wary of the unpaid leave afforded them by the Family Medical Leave Act. Today’s show is sponsored by Indeed, Pitney Bowes and Wasabi Hot Cloud Storage. 

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  • An attendee looks at a new iPhone X during an Apple special event at the Steve Jobs Theatre on the Apple Park campus on September 12, 2017 in Cupertino, California.
    Justin Sullivan/Getty Images

    From the BBC World Service … Apple’s warning that China’s economic slowdown is hitting iPhone sales has spooked markets around the world. We’ll get the latest reaction from an economist in Hong Kong who says slowing sales has more to do with Apple’s products than China’s economy. Then, despite a longtime love for gold in India, demand for the precious metal declined in 2018 as young Indians began losing interest. We’ll take you there to find out why. Today’s show is sponsored by Indeed, Pitney Bowes and Wasabi Hot Cloud Storage. 

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  • An eviction team changes the lock on a front door during a home foreclosure in Longmont, Colo. A hard-hit Southern California county is giving serious consideration to a plan to seize troublesome mortgages.
    John Moore/Getty Images

    We check in with Susan Schmidt of Aviva Investors to talk about the activity on the markets, which face the same issues they did at the start of the holidays, but now there’s data indicating a slowdown of global growth. We also check in on how charities are scrambling to lessen the blow of potential losses as the new tax law gave Americans less reason to donate. Finally, we end with a trip to Richmond, Virginia, which has one of the highest eviction rates in the country. A new coalition has emerged there to help change that. Today’s show is sponsored by Indeed, Pitney Bowes and Wasabi Hot Cloud Storage.     

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  • A pedestrian walks by a Sprint store in San Francisco, California.
    Justin Sullivan/Getty Images

    Oil prices have been falling for the past 12 months, with the president taking credit for it on social media. However, there are a variety of other factors in play. Then, we head to the movies, where 2018 proved to be a banner year for ticket sales, but that didn’t stop plenty of movie buffs from staying on their couches during the holidays to catch releases like “Bird Box” on Netflix, which at least 45 million people watched. Also, we look at possible big changes in the cell phone industry that could lead to a new lineup of companies. At the heart of change could be Sprint’s home town of Kansas City, Mo., as a merger between Sprint and fellow phone giant T-Mobile is on the table. Today’s show is sponsored by Indeed, Pitney Bowes and Wasabi Hot Cloud Storage.     

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  • Supporters of far-right presidential candidate Jair Bolsonaro, celebrate in front of his house in Rio de Janeiro, Brazil, after he won Brazil's presidential election, on October 28, 2018 in Rio de Janeiro, Brazil. Far-right former army captain Jair Bolsonaro was elected president of Brazil on Sunday, beating leftist opponent Fernando Haddad in a runoff election after a bitter and polarized campaign.
    Buda Mendes/Getty Images

    From the BBC World Service … The new year ushers in a new president for Brazil, as Jair Bolsonaro is sworn in. We look at the why the far-right former army captain has received positive reviews from the Brazilian business community. Unifying Taiwan with China is the “Chinese Dream” says President Xi Jinping – but Taiwanese investors are wary about setting up in China as business could suffer from intellectual theft. Today’s show is sponsored by Indeed, Pitney Bowes and Wasabi Hot Cloud Storage. 

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  • As we hit the 11th day of the partial government shutdown, House Democrats are planning to introduce legislation later this week that would end it. We’ll talk to New York Times reporter Emily Cochrane about what these measures are and whether they’ll be effective. Afterwards, we’ll look at GE’s struggle with long-term care insurance and what it says about America’s health care system. Today’s show is sponsored by Indeed and Wasabi Hot Cloud Storage.   

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  • Today marks both a new year and the 25th anniversary of the North American Free Trade Agreement. Trump’s pushed for a new trade deal, but controversy over NAFTA is nothing new. We’ll look back at some of the criticism the trade deal faced when it was first enacted. Afterwards, following the recent deadly wildfires in California, we’ll discuss how one city is helping gardeners and housekeepers who are now out of work. Plus: We’ll explore how U.S. book printers are reporting a surprising holiday crunch. Today’s show is sponsored by Indeed and Wasabi Hot Cloud Storage. 

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  • From the BBC World Service … As you make your New Year’s resolutions, so are big businesses. We’ll tell you what the big predictions are for 2019. Then, a trip to India where some business owners say there are too many official holidays that make it hard to get work done consistently throughout the year. Today’s show is sponsored by Indeed and Wasabi Hot Cloud Storage. 

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Meredith Garretson Morbey