Latest from Rose Conlon

• May 4, 2022

  EU proposes banning Russian oil

  

  From the BBC World Service: The European Union is proposing to halt the import of Russian crude oil and refined fuels. And the Reserve Bank of India unexpectedly raised interest rates by 0.4 percentage points.

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• May 3, 2022

  A look at the economic effects of restricting abortion

  

  We have more about the leaked draft of a Supreme Court majority opinion that would allow states to outlaw abortion. Scholars and analysts have examined the possible economic effects of overturning the landmark Roe vs. Wade decision. One of them is Caitlin Knowles Myers, economics professor at Middlebury College, who joined others in submitting a briefing to the court with this data. She spoke with us this morning. Workers at an Amazon warehouse in New York City voted not to unionize, which is a step back for the newly formed Amazon Labor Union.

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• May 3, 2022

  Pandemic-driven poverty still scars New York City

  

  Poverty in New York City grew during the pandemic, and many of the government programs that helped many families endure through that period are coming to an end. We spoke with Rich Buery, CEO of nonprofit Robin Hood, about a new report that shows that even as much of NYC heads back to work for business as usual, the presence of poverty and multifaceted insecurity is still very strong. We have more details on the leaked draft majority opinion regarding where the Supreme Court could stand on Roe v. Wade. As we prepare for more data on job turnover, we look at wage increases for low-income workers.

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• May 3, 2022

  The difference between a quarterly profit and loss at BP depends on its involvement in Russia

  

  From the BBC World Service: Energy giant BP took a $25.5-billion one-time charge for ending its Rosneft relationship, but high energy prices led to the biggest quarterly profit in more than a decade. Plus: Australia raises interest rates for the first time in 11 years as the cost of living bites into household budgets. And, a look at progress and pitfalls of China’s controversial Belt and Road Initiative.

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• May 3, 2022

  Pandemic-driven poverty in New York City persists amid recovery, report finds

  

  The report from Robin Hood and Columbia University sheds light on the enduring economic hardship faced by many New Yorkers.

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• May 2, 2022

  How mortgage rates are reacting to the Fed’s inflation fight

  

  This week, the Federal Reserve is expected to raise interest rates to help tackle inflation. Thus far, mortgage rates have been responding to the Fed’s measures, which have risen to a decade-high level. We talk to Julia Coronado, founder and president of MacroPolicy Perspectives, for more on what this means for the economy and prospective homebuyers. Plus, workers at an Amazon warehouse in Staten Island, New York, voted to unionize last month, but Amazon has filed complaints in hopes over overturning the result. And, coin collecting is becoming a profitable venture thanks to social media.

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• May 2, 2022

  Gas prices are a source of financial hardship for more than half of Americans, survey says

  

  More than half of Americans are facing financial hardship because of rising gas prices, according to a new Gallup survey. With the cost of other household goods like food also on the rise, some are saying spending more at the gas pump has become a huge source of stress. Also, the Federal Reserve meets this week to decide its next move in the fight against inflation, and it is expected to raise interest rates again. And, students of indigenous descent attending some public universities in California will soon be eligible for tuition assistance.

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• May 2, 2022

  How big is Europe’s appetite to cut off Russian energy?

  

  From the BBC World Service: EU energy ministers are this week discussing an embargo on Russian energy, but Germany’s economy minister says there’s not yet unanimity on a way forward. Meanwhile, India’s prime minister is on a diplomatic tour in Europe and the war in Ukraine is a central focus. Plus, how a $3 trillion cannabis industry left Jamaica’s smaller producers behind.

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• Apr 29, 2022

  The business behind the NFL draft

  

  Marketplace’s Andy Uhler reports on the NFL draft from Las Vegas. After two years, some parents observed Take Our Daughters and Sons to Work Day.

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• Apr 29, 2022

  What China’s trade decisions do to the global economy

  

  China is a big player in the global economy, importing and exporting several trillion dollars worth of goods and services each year. That means China’s trade decisions can affect the health of industries and economies across the globe, but right now it’s hard for the World Trade Organization to do anything about it. For more on this issue, we talk to Chad Bown at the Peterson Institute for International Economics. Households are becoming more nervous about personal finances due to inflation. A look at results from Apple and Amazon, which reported earnings and losses this week. 

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