Erika Soderstrom

Latest from Erika Soderstrom

• Mar 9, 2021

  Vaccine rollouts should help global economic growth beat expectations

  

  While the OECD forecasts global economic growth of 5.6% in 2021, some developing countries are likely to lag behind. Plus, insolvency for U.K. specialist bank Greensill Capital raises regulatory questions over supply chain finance. And, the price of internet shutdowns in India.

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• Mar 8, 2021

  What the Senate’s COVID relief provides to those most vulnerable

  

  Direct cash payments, an enhanced child tax credit and more. The House is set to take up and likely pass the legislation on Tuesday. Plus, employment protections that currently exist for trans people and what action the Biden administration is taking.

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• Mar 8, 2021

  One step closer to a new COVID relief package

  

  How the COVID relief package passed by the Senate differs from the House’s bill. Plus, a closer look at how pandemic economic turmoil has affected women. And, what it means to create an inclusive workplace for trans workers.

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• Mar 8, 2021

  Oil prices rise on reports of a drone attack in Saudi Arabia

  

  Saudi officials say there were no reports of injuries or damage, however. Plus, food-delivery giant Deliveroo chooses London for its stock market listing. And, how pandemic disruption is sparking a conversation about gender equality in our workplaces and at home.

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• Mar 5, 2021

  Some of those huge Texas electricity bills were a mistake?

  

  An independent monitor says there are billions of dollars in overcharges on Texas electricity bills as a result of the deadly outages in February. Plus, signs of energy in hiring for the U.S. economy. And, concerns about inflation and higher borrowing costs for mortgages and loans, and how those will really affect consumer spending.

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• Mar 5, 2021

  Guess what’s back? China’s economic growth target.

  

  Beijing is now aiming for an expansion of at least 6% this year. It scrapped its 2020 target due to COVID disruption. Plus, Australia insulates itself from Italy’s vaccine export ban by preparing its domestic production lines. And, could Taiwan’s semiconductor manufacturers help with a shortage of chips for U.S. automakers?

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• Mar 5, 2021

  Here’s what you need to know about SPACs

  

  You know, special purpose acquisition companies: the way to take a company public and create a new stock that’s all the rage in 2021. Plus, a look at job postings along with the government’s hiring and unemployment report for February. And, words from Fed Chair Jerome Powell fail to calm recent market volatility.

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• Mar 4, 2021

  Texans deal with exorbitant electricity bills

  

  Sky-high electricity bills for utilities and individual customers alike as a result of the deadly power outage last month, and how Texas is dealing with them. Plus, a forecast for the February jobs report from the government due out tomorrow. And, critical pandemic oxygen shortages in a barely regulated market in Mexico.

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• Mar 4, 2021

  Austria plans to develop COVID vaccines with Denmark and Israel

  

  Austrian Chancellor Sebastian Kurz says the European Union’s medicines regulator is too slow at approving vaccines. Also, how will central banks grapple with rising inflation fears? And, a cargo port development in Sri Lanka sees stiff competition between India and China.

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• Mar 4, 2021

  The status of new stimulus checks

  

  President Joe Biden is apparently backing a compromise in the Senate that makes fewer people eligible for $1,400 dollar relief checks. Plus, just how high weekly unemployment claims have been throughout the pandemic. And, a push for the Biden administration to decriminalize sex work — an industry transformed by the pandemic — as part of its criminal justice reform.

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