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Feb 5, 2019

What’s the World Bank do again?

Once President Donald Trump gets his big speech out of the way this evening, he’s expected to nominate David Malpass to lead the World Bank — and shake it up. We start today’s show with a primer on what the bank does and how that’s changed. Then: The new tax cap on state and local tax deductions has some people changing their permanent residences to lower-tax states. Plus, “The Price Is Right” has been thinking about consumer spending for 60 years. We talk to its executive producer.

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Once President Donald Trump gets his big speech out of the way this evening, he’s expected to nominate David Malpass to lead the World Bank — and shake it up. We start today’s show with a primer on what the bank does and how that’s changed. Then: The new tax cap on state and local tax deductions has some people changing their permanent residences to lower-tax states. Plus, “The Price Is Right” has been thinking about consumer spending for 60 years. We talk to its executive producer.

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What’s the World Bank do again?