Latest from Ariana Rosas

• Aug 31, 2022

  A peek under the hood of the “retooled” ADP employment report

  

  Today, ADP Research Institute and Stanford Economy Lab releases what they say is more detailed employment data. We talk about what it’s like to form a startup under the current economic conditions.

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• Aug 31, 2022

  Could Japan become one of the world’s biggest defense spenders?

  

  From the BBC World Service: Japan’s defense ministry has requested a record $40 billion for its next budget, even though the country can’t have an active military under its pacifist constitution after losing World War II. Plus, Russia has again cut off gas flows through the Nord Stream 1 pipeline to Germany. And, Germany considers a speed limit on its famed autobahn (freeways) as part of efforts to save fuel.

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• Aug 30, 2022

  Here’s what happens when foreign ships can’t deliver heating oil by sea

  

  First, reports on consumer confidence and jobs emerged today, offering up a clearer picture on what’s been a weird economy thus far. We delve into the Jones Act and its role in heating oil shortages. The BBC reports on the arrival of a grain ship in time to aid drought-ridden east Africa. The spike in diesel fuel prices has left an impact on rural business.

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• Aug 30, 2022

  What are the limits on telling the world where we go?

  

  The FTC has zeroed in on a company that sells geolocation data, adding more fuel to the discussion about data privacy. Speaking of being watched, some companies are using software to remotely track worker productivity.

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• Aug 30, 2022

  A grain ship from Ukraine has docked in east Africa, where drought is widespread

  

  From the BBC World Service: The MV Commander has docked in the Port of Djibouti and the wheat on board will be packaged and transported by road to neighboring Ethiopia, which is experiencing its worst drought in 40 years. Plus, Pakistan’s prime minister Shehbaz Sharif says a $1.1 billion IMF loan is a major step in efforts to put the country’s economy back on track. Separately, the government says early estimates suggest recent floods have caused at least $10 billion of damage. And, how drought is putting a squeeze on Spain’s olive oil production. 

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• Aug 29, 2022

  How long will the fight against inflation last?

  

  The Federal Reserve has spoken: It’s not backing down from a more aggressive interest-rate strategy to try to stamp out inflation. What kind of economic pain will that cause? And how long will it last? Plus, we look at how markets have been reacting to Fed Chair Jerome Powell’s speech from Friday at the Jackson Hole Economic Symposium. And, inflation is a global issue, but these lingering higher prices are caused by different things in different places. We break it all down.

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• Aug 29, 2022

  Warning that parts of the U.S. will see heating oil shortage

  

  The U.S. Department of Energy is warning that the supply of heating oil in New England is way below average, just as we head into the fall and winter. The Energy Department is telling states in the northeast to stockpile. Plus, this may not come as a surprise to many, but air travel complaints were up 35% in June compared to May, and they’re up almost 270% compared to pre-pandemic levels. And, why scooters, mopeds and motorcycles no longer get to park for free in Paris.

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• Aug 29, 2022

  Austria joins growing calls for an EU-wide cap on electricity bills

  

  From the BBC World Service: That’s as countries across the European Union scramble to store enough energy for the winter, while the bloc cuts back on Russian supplies. Plus, Pakistan is launching a flash UN appeal for help as authorities struggle to cope with what’s being described as the worst flooding in the country’s history, with crops devastated. And, we hear how Brexit-related labor shortages are driving U.K. inflation.

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• Aug 26, 2022

  A view from Jackson Hole, World Bank style

  

  It’s Day 2 of the Jackson Hole Economic Symposium hosted by the Federal Reserve. We check in with World Bank President David Malpass, who’s on the ground in Wyoming, about monetary policy around the world. Also, we delve into the latest downbeat earnings report from Peloton, the exercise equipment and fitness company that boomed during the peak of the pandemic but has since fallen back to Earth — hard.

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• Aug 26, 2022

  How day laborers are feeling the effects of inflation

  

  Many day laborers are having difficulties paying bills because of rising prices and fewer work opportunities.

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