Marketplace®

Daily business news and economic stories

Redmond Carolipio

Latest from Redmond Carolipio

  • A new eight-part podcast series from The Economist explores Xi Jinping's rise to power. Xi has reinforced the Communist Party's central role in all aspects of Chinese life, says Economist Editor-in-Chief Zanny Minton Beddoes.
    Noel Celis-Pool/Getty Images

    Also, Christopher Low joins us for our markets discussion following the release of the August jobs numbers.

    Read More
  • Vaccine shortages and slow rollouts in some countries have seen a rise in "vaccine tourism"
    BBC News

    From the BBC World Service: People traveling to America from countries not affected by travel restrictions can get vaccinations for free at some airport clinics and pharmacies. Some even stay after their quarantine period has finished to take a vacation. Plus, why is Japan’s prime minister stepping down after only a year? And, North Korea’s leader tells state media the labor force needs to be fully mobilized ahead of harvest as the isolated nation struggles with food shortages, coronavirus outbreaks and the impact of drought and flooding.

    Read More
  • Businesses could attract more workers if they raised wages, one expert says. According to the National Federation Independent Business, that's starting to happen.
    Justin Sullivan/Getty Images

    Also today: The BBC reports on the United States being the most popular “vaccine tourist” destination. It’s already holiday shopping season at the ports, which are starting to fill up.

    Read More
  • Alonzo Lewis rescues items from his mother's home in Laplace, Louisiana, after it was destroyed by Hurricane Ida.
    Scott Olson/Getty Images

    Also today: The CDC urges unvaccinated people to not travel on Labor Day, but that’s unlikely to change their minds, according to experts. We also check in on a special art class that educates children of color about NFTs.

    Read More
  • U.S. climate envoy John Kerry has also recently traveled to Russia to discuss environmental issues.
    Dimitar Dilkoff/AFP via Getty Images)

    From the BBC World Service: Chinese Foreign Minister Wang Yi told Mr. Kerry that Beijing won’t divorce talks about carbon reduction from other issues such as sanctions and tariffs. Plus, Zambia’s commodities, including copper, could be key in global electric vehicle production. And, could recent turmoil threaten Afghanistan’s exports of saffron, the world’s most expensive spice?

    Read More
  • Joe Keohane discusses the various advantages and dynamics of interacting with strangers.
    Getty Images

    Also today: Nancy Marshall-Genzer shares of details about Hurricane Ida’s path of destruction as it makes its way through New York and New Jersey, and what the potential damage cost could be in Louisiana.

    Read More
  • Ken Cameron still has the baseball cards he bought at Downriver Rookie. "Baseball was such a part of my grandfather's life, my father's life, my life," he says.
    Courtesy Ken Cameron

    Also today: We also delve into the decline of auto sales. Susan Schmidt joins us as our guest to discuss the markets.

    Read More
  • Sri Lanka faces shortages of food, cooking gas and other essential supplies as its foreign currency reserves run low.
    Ishara S. Kodikara/AFP via Getty Images

    From the BBC World Service: Sri Lanka has seen a steep fall in the value of its currency, with private banks struggling to pay for imports, causing a spike in food prices. Plus, as El Salvador prepares to adopt Bitcoin as a form of legal tender, a new $150 million fund has been approved to facilitate conversion from Bitcoin to U.S. dollars. And, what a COVID-19 lockdown in Vietnam could mean for your morning coffee.

    Read More
  • A sign is viewed at a restaurant in New York's Upper West Side on Aug. 17, 2021.
    TIMOTHY A. CLARY/AFP via Getty Images

    We also have a few more details on President Biden’s plan to tackle affordable housing. Workers at Starbucks are trying to form the coffee chain’s first-ever union.

    Read More
  • People pass by the Nasdaq building as the screen shows the logo of the video-conferencing software company Zoom after the opening bell ceremony on April 18, 2019 in New York City.
    Kena Betancur/Getty Images

    Also, we get a look at consumer confidence, which is not looking high at the moment. The BBC checks in to share news on the economic struggles of Afghanistan following the Taliban takeover.

    Read More
Redmond Carolipio