Latest from Nick Esposito

• Nov 15, 2022

  Department of Transportation lights up airlines with millions in fines

  

  The fines come following all the drama about flight delays and cancellations. Drew Matus of Metlife checks in with us regarding today’s market activity. The global pandemic ushered in another level of online shopping, which spelled doom for many malls across the nation – but one mall in Portland has adapted.

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• Nov 15, 2022

  Google fined for how it can find people

  

  The tech giant has to pay millions to settle a lawsuit over how it has been collecting user data. The BBC reports on how frustration over COVID restrictions are starting to boil over in China. The Economist’s climate innovation editor checks in from the – where else – COP27 climate summit in Egypt.

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• Nov 15, 2022

  G-20: At least $20 billion pledged to help Indonesia quit coal

  

  From the BBC World Service: Nine rich countries have pledged at least $20 billion to enable coal-dependent Indonesia to reach carbon neutrality by 2050. Residents in the Chinese city of Guangzhou have escaped a coronavirus lockdown and clashed with police. And according to the U.N., the global population is expected to hit 8 billion today.

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• Nov 14, 2022

  The hits keep coming for bankrupt FTX

  

  Now there’s news of a possible hack at the cryptocurrency exchange. Julia Coronado at MacroPolicy Perspectives discusses the yield on the 10-year Treasury and inflation. Then, we have the story of the unionization of the nation’s first Chipotle.

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• Nov 14, 2022

  The U.S. and China are talking

  

  Biden and Chinese president Xi Jinping meet up in Bali. Target wants to make its stores bigger. Amy Scott discusses the latest on “How We Survive” with David.

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• Nov 14, 2022

  Xi and Biden meet on the sidelines of G20 summit

  

  From the BBC World Service: At the G20 summit in Indonesia, President Joe Biden and Chinese president Xi Jinping are sitting down for the first time since Biden became president. Mozambique has begun exporting liquefied natural gas for the first time ever. And Sri Lanka’s government has unveiled a new budget which raises taxes and cuts spending as the country continues to suffer from one of its worst ever economic crises.

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• Nov 11, 2022

  So … was this week’s inflation news really that great?

  

  Christopher Low of FHN Financial helps us look beyond the good feelings behind recent market activity. The BBC reports on how China will start to loosen some strict zero-COVID regulations. Also, we check in on the COP27 climate summit. Art critic Blake Gopnik discusses the billion-dollar auction of the collection of Paul Allen.

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• Nov 11, 2022

  A glimmer of good inflation news leads to an upward surge on Wall Street

  

  That surge is expected to continue into today. Arizona voters took a big step toward transparency in election financing. Also, we discuss what a U.S. government with divided power could economically mean for Democrats. 

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• Nov 11, 2022

  China will officially ease draconian zero-COVID measures

  

  From the BBC World Service: Hong Kong’s tech-heavy Hang Seng surged nearly 8% on Friday, with market rallies in Shanghai and Tokyo. Plus, Singles Day in China – the biggest shopping day of the year – saw estimated sales nearly 5% lower than last year. Also, U.S. Treasury Secretary Yellen is in India to try to bolster trade ties. And, a film 90 years in the making is finally hitting the silver screen.

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• Nov 10, 2022

  Inflation cools down, ever so slightly

  

  Is this a sign that the higher interest rates are working? We discuss with Diane Swonk of KPMG. Then, we have more on the aftermath of the fallen Binance-FTX deal. Seasonal hiring has appeared to slow down this year. Also, slavery as a form of criminal punishment was a thing in several states until voters closed a legal loophole.

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