Marketplace®

Daily business news and economic stories

Redmond Carolipio

Latest from Redmond Carolipio

  • Fusion energy breakthroughs carry a heavy price tag
    Olivier Douliery/AFP via Getty Images

    First, Jeffrey Cleveland of Payden & Rygel discusses some possible good news when it comes to inflation. A breakthrough in fusion energy is announced. We take a look at the birthplace of the transistor, Nokia Bell Labs, and where it stands today.

    Read More
  • The SEC charges Sam Bankman-Fried with defrauding investors
    Photo by Craig Barritt/Getty Images

    The charges come shortly after the former FTX chief was arrested in the Bahamas. Elsewhere, in the second installment of our series on the invention of the transistor, we take a look at Nokia Bell Labs and its innovative history.

    Read More
  • Smoke comes out of chimneys in central Prague during sunrise as temperatures drop across Europe.
    Photo by Michal Cizek/AFP via Getty Images

    From the BBC World Service: As cold weather puts European power networks under pressure, we look at the options available to keep the lights on. Plus, a further relaxation of COVID rules in Hong Kong. And, the first member of K-pop sensation BTS enrolls for mandatory military service.

    Read More
  • There are some things to consider for investors during market periods that are especially turbulent.
    solarseven / Getty Images

    Julia Coronado of MacroPolicy Perspectives talks with us about how crude oil prices and other things could offer some positive clues about the direction of inflation. Elsewhere, the costs of heating oil could be bad news for people in the Northeast. Finally, as Haiti deals with turmoil, its migrants are facing economic struggles in the U.S.

    Read More
  • The device that changed everything
    Nokia USA Inc. and AT&T Archives

    Today is the first installment of our series on the invention of the transistor, which in myriad ways is one of the cornerstones of modern innovation. It turns 75 this week. Also, Treasury Secretary Janet Yellen recently shared some optimism about the economy.

    Read More
  • A currency exchange vendor shows a sheaf of Euro currency notes at Tahtakale in Istanbul, on March 22, 2021. - Turkish officials tried to calm the turmoil triggered by President Recep Tayyip Erdogan's abrupt decision to sack his reformist central bank chief, insisting they would stick with free market rules.The lira lost as much as 17 percent against the dollar on the first day of trading after Erdogan replaced market-friendly economist Naci Agbal with former ruling party member Sahap Kavcioglu at the key post. (Photo by Ozan KOSE / AFP) (Photo by OZAN KOSE/AFP via Getty Images)

    From the BBC World Service: The E.U. Parliament has been rocked by what’s being described as one of the most “serious and shocking” corruption scandals in its history. It involves a Gulf state – reportedly Qatar – bribing officials. We get all the details on that. Plus, businesses in Zimbabwe tell us how they’re struggling to cope with severe power cuts.

    Read More
  • Crypto issues have the SEC asking around
    Michael M. Santiago/Getty Images

    The Securities and Exchange Commission is asking publicly traded companies about any impacts from their exposure to cryptocurrency. We look into the possible impact of California’s Senate Bill 731, which expands the number of people who can have their criminal records sealed.

    Read More
  • Robinhood gets into … retirement?
    Justin Sullivan/Getty Images

    That’s right, the platform that’s popular among younger investors is exploring the world of retirement planning. Inflation has led to a boost for packaged foods. The BBC reports on the development of a next-generation fighter jet.

    Read More
  • LONDON, ENGLAND - NOVEMBER 11: A general view over the London skyline from the Lloyds of London building on November 11, 2022 in London, England. New government figures show the British economy shrank by 0.2% between July and September amid a period of rising inflation. The Bank of England has forecast a two-year recession, which is officially declared when the UK economy shrinks for two consecutive quarters. (Photo by Dan Kitwood/Getty Images)

    From the BBC World Service: The U.K. government has announced one of the biggest financial shake-ups in more than 30 years – we look at what it means for global banking. We have the latest on the trial of the collapsed payment company Wirecard, the biggest fraud case in German financial history. Plus, we find out who will be joining Japanese billionaire Yusaku Maezawa on his SpaceX flight to the moon.

    Read More
  • What China’s new direction on COVID looks like at ground level
    Kevin Frayer/Getty Images

    The Chinese government has rolled back many of its toughest anti-COVID restrictions following protests and potential damage to the economy. What happens now? Jennifer Pak updates us from Shanghai. The BBC reports on new currency bearing the visage of King Charles III making the rounds. The BBC also has more on the E.U. attempt to tackle bias in a variety of algorithms.

    Read More
Redmond Carolipio