Latest from Rose Conlon

• Jun 6, 2022

  Chinese tech giant Ant Group launches new bank in Singapore

  

  From the BBC World Service: In Singapore, Chinese tech giant Ant Group has launched a new digital wholesale bank called ANEXT. In Bangladesh, an explosion at a depot containing garments ready for export to Western retailers, has killed dozens of people. And, what’s thought to be the world’s biggest trial of a four-day work week starts today in the U.K.

  Read MoreSaveShare
• Jun 3, 2022

  Examining the world’s economic power structure with Ray Dalio

  

  The founder and co-chief investment officer of Bridgewater Associates unveiled a system for scoring the relative power of the world’s top economic superpowers at Davos last week. In our interview, Dalio touches upon the many dynamics and factors that went into his system, the Country Power Score Index. Christopher Low joins us for our markets discussion on Jobs Day, where we find that U.S. employers added 300,000 jobs in May.

  Read MoreSaveShare
• Jun 3, 2022

  That paycheck-to-paycheck life is hitting more high earners

  

  Nearly two-thirds of Americans say they’re living paycheck to paycheck, including a third of people making $250,000 a year, according to a new survey out from Pymnts.com and LendingClub Corp. We take a peek behind some of the data. Ray Dalio, founder and co-chief investment officer of Bridgewater Associates, joined us to discuss how the U.S. is entering a period of “stagflation” in one part of an extensive interview. The massive fire in New Mexico actually started out as  a series of prescribed burns. The loss of control could have ripple effects on the practice.

  Read MoreSaveShare
• Jun 3, 2022

  Why is OPEC’s oil production increase not calming prices?

  

  From the BBC World Service: The group of major oil producing nations, including the likes of Saudi Arabia, agreed to cautiously increase production. They didn’t, however, throw oil out of the group, and oil markets today seem little moved by the news. We ask why. Also, as Jubilee celebrations continue in Britain – we’ll take you out to the world of cake, bunting and fizz at the U.K.’s street parties.

  Read MoreSaveShare
• Jun 3, 2022

  How to rank the world’s economic superpowers, according to Ray Dalio

  

  Also, why Dalio says we’re entering a period of stagflation.

  Read MoreSaveShare
• Jun 2, 2022

  OPEC+ agrees to increase oil production, add to global market

  

  The group of oil producing nations known as OPEC+ have reportedly agreed to supply more oil to the global market than previously expected. This would be to make up for at least some of the Russian oil embargoed by Western sanctions. There are hints that the record labor shortage could be starting to let up. We check in with the BBC’s Victoria Craig as Britain enters its four-day celebration of Queen Elizabeth II and her 70th year on the throne.

  Read MoreSaveShare
• Jun 2, 2022

  Inflation concerns have now become retirement concerns

  

  A quarter of Americans said they will need to delay retirement because of rising costs, according to a new survey from BMO Harris Bank and Ipsos. Also, in such a volatile market, people are saving much less. There’s been a surge in demand for robot assistance from businesses. For today’s Economic Pulse, we explore the concept of a central digital bank currency for the Fed, and why it might not be a good thing.

  Read MoreSaveShare
• Jun 2, 2022

  Britain celebrates Queen’s Platinum Jubilee

  

  From the BBC World Service: Britain begins four days of celebrations to mark Queen Elizabeth II’s 70th year on the throne. Hospitality industry bodies believe $2.5 billion will be spent over the jubilee weekend, but we hear why that might not be quite be the economic boost you’d expect. And just what is a royal warrant – and why do companies big and small want one?

  Read MoreSaveShare
• Jun 2, 2022

  The argument against the Fed creating a central bank digital currency

  

  “It’s hard to find a clear reason to have [a CBDC], and, in fact, there are a lot of reasons not to,” says the Roosevelt Institute’s Chris Hughes.

  Read MoreSaveShare
• Jun 1, 2022

  The world was supposed to be 70% vaccinated by now. It’s far short of that.

  

  The 70% figure was a goal of the World Health Organization that was stated roughly a year ago. However, the world’s population isn’t even close to meeting that goal – some countries haven’t even cracked 10%. We look into why. Susan Schmidt joins us for today’s discussion on market activity. A lifeguard shortage will be keeping pools and beaches around the country closed. It’s also the first day of hurricane season, and we dive into what goes into disaster preparedness for some communities.

  Read MoreSaveShare