Marketplace®

Daily business news and economic stories

Redmond Carolipio

Latest from Redmond Carolipio

  • Profits expected to swoop in for airlines
    Mario Tama/Getty Images

    Because of the pandemic, there’s going to be a shift as to the sources of those profits, according to the International Air Transport Association. Elsewhere, we check in on China, which is in the midst of easing its zero-COVID restrictions. Then, a report notes how coal could be replaced as the world’s top bringer of electricity.

    Read More
  • New Peruvian president Dina Boluarte (R) is sworn in hours after former president Pedro Castillo was impeached in Lima, on December 7, 2022.
    Photo by Cris Bouroncle/AFP) via Getty Images

    From the BBC World Service: After the ousting of Peru’s president, we look at what change at the top means for the economy. Plus, why has the U.K. given the go-ahead to its first coal mine in 30 years? And, how significant will Harry and Meghan’s Netflix series be for the streaming service?

    Read More
  • Juul agrees to settle waves of lawsuits
    Justin Sullivan/Getty Images

    The e-cigarette maker hasn’t admitted to any wrongdoing, however. Karen Petrou of Federal Financial Analytics stops in to talk about the effects of the Georgia runoff results as well as economic inequality. We check in on the grim revenue projections for movie theaters.

    Read More
  • BEIJING, CHINA - DECEMBER 07: A man carries a bag as he walks by epidemic control workers wearing PPE to protect against the spread of COVID-19 as he leaves after being released from a government quarantine facility on December 7, 2022 in Beijing, China. As part of a 10 point directive, China's government announced Wednesday that people with COVID-19 who have mild or are asymptomatic will be permitted to quarantine at home instead of being taken to a makeshift facility, a major shift in its zero COVID policy.
    Photo by Kevin Frayer/Getty Images

    The BBC reports on China’s relaxation of its ultra-strict COVID requirements. Then, we look into the many reasons behind the easing of the pain at the pump. Also, Congress has produced its first documentary.

    Read More
  • A picture taken on December 7, 2022 in Riyadh, shows the Chinese and the Saudi flags adorning a street ahead of the Chinese president's visit to the Saudi capital. - Chinese President Xi Jinping will make a three-day visit to Saudi Arabia this week, meeting the king and de facto ruler of the world's biggest oil exporter. (Photo by Fayez Nureldine / AFP) (Photo by FAYEZ NURELDINE/AFP via Getty Images)

    From the BBC World Service: How significant is today’s visit by China’s president Xi Jinping to Saudi Arabia? We look at what’s on the agenda. Also, why Argentina’s vice president is facing a jail term for corruption. And, we find out how British restaurants are working around rising costs.

    Read More
  • A recent study looks at the role of employer-sponsored health insurance in exacerbating inequality in the job market.
    Getty Images

    First, David Kelly of J.P. Morgan Asset Management joins us to talk about the slow cooling of inflation. Then, we dive further into the facets of the much-hyped and advertised Medicare Advantage as the end date for its open enrollment approaches.

    Read More
  • The CHIPS are falling in Arizona
    Photo by Annabelle Chih/Getty Images

    In one of the biggest foreign investments in the U.S., Taiwan Semiconductor Manufacturing Company has pledged billions to make chips in Arizona, which has attracted the attention of President Biden, Apple CEO Tim Cook and others. Also, we look at where the money is moving in the Warnock-Walker Senate race in Georgia. Then, we talk mayo eggnog, much to the delight of some companies … they hope.

    Read More
  • A SpaceX Falcon 9 rocket carrying the Starlink 4-20 mission, launches from Space Launch Complex 40 at NASA's Kennedy Space Center in Cape Canaveral, Florida, on September 4, 2022. (Photo by CHANDAN KHANNA / AFP) (Photo by CHANDAN KHANNA/AFP via Getty Images)

    From the BBC World Service: Ukraine’s digital minister tells us how the country is doubling its use of Elon Musk’s Starlink network to overcome infrastructure damage. Plus, Canada sanctions three wealthy Haitian businessmen for links to criminal gangs. And, how do you clean the world’s oceans? We hear from The Ocean Cleanup’s founder Boyan Slat.

    Read More
  • The labor market might not be as strong as it looks
    Michael M. Santiago/Getty Images

    Solid wage and job growth showed up in the most recent jobs report, but some of that might be an illusion on the power of the labor market. For more insight, Julia Coronado of MacroPolicy Perspectives talks with us. Elsewhere, China appears to be easing up its zero-COVID restrictions. Then we learn more about the diffusion index, which could offer even more clues about the job market.

    Read More
  • An employee works on a oil tanker near the Ruhr Oel petroleum refineries of BP Gelsenkirchen GmbH in Gelsenkirchen, western Germany on March 8, 2022. - After the EU states decided on an import ban of Russian coal, an import ban of oil from Russia to the European Union could follow.
    Ina Fassbender/AFP via Getty Images

    Restrictions designed to limit Russian oil exports take effect today, but there are questions as to how much actual effect they will have. Also, we look at what the wage rise reflected in Friday’s jobs report tells us. Chris Farrell talks to us about what separates Medicare and Medicare Advantage.

    Read More