Marketplace®

Daily business news and economic stories
 

Daniel Shin

"Marketplace Tech" Producer

Daniel helps produce the daily “Marketplace Tech” show and podcast, and he’s interested in tech policy and ethics.

Latest from Daniel Shin

  • A technician inspects the backside of bitcoin mining at Bitfarms in Saint Hyacinthe, Quebec on March 19, 2018.
    Lars Hagberg/AFP

    As China cracks down, companies are moving the mining to places where energy is available or regulations are looser.

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  • The Federal Reserve building is seen on March 2021 in Washington, D.C. The Fed's tapering of bond-buying and upping of interest rates is likely to be a slow, gradual process.
    Daniel Slim/AFP via Getty Images

    Also today: Diane Swonk offers up some insight for our discussion about the markets. Airbnb is set to announce its earnings, and it’s also trying to make efforts to get on the good side of communities. We take a closer look at how the cap and trade system deals with carbon emissions. 

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  • The transition to clean energy not only needs to move faster, but also better, according to Vijay Vaitheeswaran, global energy and climate innovation editor at The Economist.
    Getty Images

    Also today: The Federal Reserve is beginning to wind down its bond-buying program, which it started to support the economy during the pandemic.

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  • Scandal-ridden Credit Suisse announces a sweeping overhaul
    Sebastien Bozon/AFP via Getty Images

    From the BBC World Service: The Swiss bank will expand its banking services for wealthy clients and scale back its investment banking, which has faced scandals including fraudulent loans and corporate espionage. Plus, fresh data shows global emissions have almost completely bounced back to pre-pandemic levels. And, why people in the west African country of The Gambia can’t sell their solar power, frustrating attempts to move away from fossil fuels as a source of energy.

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  • An aerial view of a crude oil storage facility is seen on May 5, 2020 in Cushing, Oklahoma. Rising demand for crude oil along with rising gas prices has led to an "energy shock" as the world attempts to transition to clean energy.
    Photo by JOHANNES EISELE/AFP via Getty Images

    Vijay Vaitheeswaran, editor at The Economist, on what energy shortages and rising fuel prices mean for the transition to clean energy.

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  • An employee checks robots used for customer services at a factory in Lianyungang in China's eastern Jiangsu province on December 4, 2018.
    (STR/AFP)

    “I wouldn’t want to live inside the Internet of Things,” says Jeanette Winterson, author of “12 Bytes: How We Got Here. Where We Might Go Next.”

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  • An aging workforce could mean labor shortages could last longer.
    BRYAN R. SMITH/AFP via Getty Images

    University of Minnesota Professor Alfred Marcus says aging workforce issues will translate into longer labor shortages.

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  • Karen Petrou, author of "Engine of Inequality," laments that investors win and savers lose. "Every time the Fed steps into the market, the markets go up. The markets run by the Fed's clock," she says.
    Chip Somodevilla/Getty Images

    Also today: Supply chain issues might not have the same kind of impact on crafty retail sites such as Etsy, but there are still other logistical challenges. The BBC examines just how large inflation may loom over the U.K., especially through the eyes of one of its largest vegetable producers.

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  • How an aging workforce adds to the lifespan of labor shortages
    Spencer Platt via Getty Images

    Also today: Democrats are adding a provision on prescription drugs to the Biden social spending plan. We also look into how bus drivers, who have been indispensable during the pandemic in many parts of the country, are asking for better wages and working conditions.

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  • Former Bank of England Governor Mark Carney explained at COP26 how his Glasgow Financial Alliance for Net Zero works.
    Christopher Furlong/Getty Images

    From the BBC World Service: Now, 450 of the world’s biggest banks and insurers have signed up to a climate coalition led by former Bank of England Governor Mark Carney. But, environmental campaigners have questioned the sincerity of their commitments. Plus, Australia and New Zealand ratify the world’s biggest trade deal, which won’t include the United States. And, as central bankers try to figure out what to do about rising prices, we go to an English farm to find out how big a problem inflation really is in Britain.

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Daniel Shin