Latest from Ariana Rosas

• Apr 12, 2023

  One casualty of a tight labor market? College enrollment

  

  The announcement of the shuttering of a small college in Milwaukee later this year — one of more than half a dozen in the last year — is a sign of troubling times for higher education. We look at how a hot job market is incentivizing some would-be students to work instead of study, and what that could mean for the future workforce. Also, the Fed is due to release its much-watch meeting minutes later today. Plus, a snippet from the BBC’s exclusive interview with Elon Musk. And, how some “drone whisperers” in Ukraine are taking apart the machines to stop critical components from reaching Russia. 

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• Apr 12, 2023

  Twitter is ‘roughly break-even,’ Elon Musk says in an exclusive BBC interview

  

  From the BBC World Service: Six months into his ownership of Twitter, Elon Musk sits down for an exclusive interview with the BBC’s James Clayton in San Francisco and tells him Twitter is ‘roughly break even’. It follows the cutting of nearly 75% of the company’s workforce since he bought the social media company. Plus, Pierre-Olivier Gourinchas, chief economist of the International Monetary Fund, tells us most economies will avoid going into recession this year.

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• Apr 11, 2023

  The White House takes a first step toward AI regulation

  

  The Biden administration announced late yesterday that it wants to study what rules may need to be implemented to make sure so-called generative AI doesn’t threaten society. We look at what the government has said thus far and how it could move forward on potential AI regulation. Plus, Alibaba, the Chinese e-commerce giant, has released its own rival to Microsoft’s ChatGPT and Google’s Bard AI chatbots. And, how some museums in the UK, including the famous British Museum, are dealing with requests from other countries to return artifacts that they claim were taken under duress or stolen. 

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• Apr 11, 2023

  Tupperware’s troubles reveal problems with direct-selling models

  

  Tupperware’s stock tumbled yesterday after the company revealed it would need an infusion of investment money to keep afloat. We look at what the saga reveals about so-called “Tupperware parties” and the broader direct-selling model that some brands rely on. Plus, as the tax deadline rapidly approaches, an analysis of how immigrant workers and their families form a crucial revenue stream for all levels of government. And, how the recent spate of labor organizing has led to more workers filing complaints against their bosses — and how an understaffed NLRB is responding. 

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• Apr 11, 2023

  Hopes in Britain for a trade breakthrough as Biden visits Northern Ireland

  

  From the BBC World Service: President Biden is set to begin his visit to Northern Ireland, marking the 25th anniversary of the Good Friday Agreement. We look at the American leader’s visit and what it could mean for trade. Plus, it’s the first day of a doctors’ strike in the UK as junior doctors demand a 35% pay increase. And, how the cost of living crisis has put the squeeze on Ramadan celebrations in Tanzania.

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• Apr 10, 2023

  How new regulations could help EVs take over the roads by 2032

  

  The Environmental Protection Agency is reportedly set to adopt new rules on vehicle emissions that could significantly boost the number of electric vehicles on the roads in less than a decade. We look into what happens going forward, and how the standards may affect what cars are on America’s roads by 2032. Plus, economist Julia Coronado walks us through the economic week and how inflation is continuing to remain “sticky.” And, the BBC reports on the economic and business legacy of the Good Friday Agreement that ended The Troubles in Northern Ireland.

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• Apr 10, 2023

  A big week ahead in Washington for the global economy

  

  The World Bank and the International Monetary Fund, the titans of international finance, start their joint spring meetings in Washington, D.C. this week. We talk with World Bank chief David Malpass about what he’s looking to discuss at the meeting, including the precarious debt positions of developing nations and rising interest rates in advanced economies. And, a look into how workers are dealing with lower wage increases as inflation remains stubbornly high. 

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• Apr 10, 2023

  Another Tesla Megafactory, this time in Shanghai

  

  From the BBC World Service: Tesla announced that it will open an additional battery production factory in Shanghai that will complement the company’s existing facilities in the city. The electric car maker’s new factory will be capable of producing 10,000 battery megapacks a year. The UN warns that more than twenty African countries are at risk of not being able to repay some of their debts. On the 25th anniversary of the Good Friday Agreement, is Northern Ireland still reaping the economic benefits?

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• Apr 7, 2023

  The jobs report shows a hiring decline, but is it enough for the Fed?

  

  The government’s official jobs numbers dropped this morning, and it showed a slowdown in the number of workers being hired with an unemployment rate of 3.5%. That signals progress toward the Fed’s goal of cooling off the labor market, says FHN Financial chief economist Christopher Low, but it may not be enough to satisfy Jerome Powell and Co. Plus, we look at why Native Americans are often under-represented in government data and what can mean when big datasets like the jobs report come out. And, why Wyoming is still trying to solicit crypto investors amid the industry’s recent high-profile scandals. 

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• Apr 7, 2023

  Chipmaking giant Samsung to cut production amid slowing demand

  

  Samsung, the South Korean electronics giant, reported that profits declined by a whopping 96% in Q1 of this year due to slowing demand for microchips and other electronics. We look at the company’s decision to cut production of microchips as a result of the news, and what that says about the wider economy. Plus, lumber prices may be coming down from sky-high pandemic rates, but that will likely do little to alleviate the housing crunch. And, a story of how a Native American group negotiated for the removal of a dam in North Carolina in order to restore the tribe’s land. 

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