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Jarrett Dang

Latest from Jarrett Dang

  • Jul 11, 2022

    Sri Lanka’s president is stepping down. Will that derail IMF negotiations?

    TOPSHOT - Women stand in front of a graffiti painted outside the premises of Sri Lanka's presidential palace, in Colombo on July 10, 2022, a day after it was overrun by anti-government protestors. - Sri Lanka's colonial-era presidential palace has embodied state authority for more than 200 years, but on July 10 it was the island's new symbol of "people power" after its occupant fled. (Photo by Arun SANKAR / AFP) (Photo by ARUN SANKAR/AFP via Getty Images)

    From the BBC World Service: Sri Lanka’s president has fled the country and confirmed he’ll leave his post. Economists say any delay to its debt negotiations could plunge the country further into uncertainty. Ten days of annual summer maintenance work has begun on the Nord Stream 1 pipeline, which carries natural gas supplies from Russia to Germany. But there are fears that gas flows won’t return after the scheduled outage. 

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  • Jul 8, 2022

    Hiring is still strong. Take that, high interest rates.

    NEW YORK, NEW YORK - AUGUST 19: A hiring sign is displayed in a store window in Manhattan on August 19, 2021 in New York City. Despite continued concerns about the Delta variant of the Covid virus, the United States economy continues to grow with the leading economic index jumping 0.9% last month. (Photo by Spencer Platt/Getty Images)
    Spencer Platt via Getty Images

    The Labor Department’s report this morning shows the U.S. added 370,000 jobs in June, which leads us into our discussion with Julia Coronado of MacroPolicy Perspectives. The Great Resignation is showing slight hints of slowing down. Even in the face of inflation, gig work still appears to be a solid option for a lot of people.

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  • Jul 8, 2022

    Checking in on the job market as recession talk looms

    Checking in on the job market as recession talk looms
    Mario Tama/Getty Images

    We preview this morning’s upcoming jobs report for June, where the data could be an indicator of how the Fed could handle another interest rate hike. Shinzo Abe, Japan’s former prime minister, has died after being shot during a campaign event. Author Kathryn Judge discusses the place of middlemen within the current economic climate.

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  • Jul 8, 2022

    Former Japanese PM Shinzo Abe assassinated

    Japan's Prime Minister Shinzo Abe addresses a press conference with his Lithuanian counterpart after their meeting in Vilnius, Lithuania on January 13, 2018. - Japan's prime minister is on a tour to the Baltic states and other European nations. (Photo by Petras Malukas / AFP) (Photo by PETRAS MALUKAS/AFP via Getty Images)

    From the BBC World Service: In a rare incident of gun violence in Japan, Shinzo Abe has been shot dead while giving an election speech. The G-20 gathering of foreign ministers in Bali is bringing together Moscow and its staunchest critics for the first time since the war in Ukraine began. This weekend, Muslims around the world will be celebrating Eid al-Adha. But the rising cost of living in England is forcing many families here to cut back on festivities.

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  • Jul 7, 2022

    An economy in disarray awaits the next British Prime Minister

    When the United Kingdom exits the European Union, large companies will first need to work out their relationships with the single market, says Kamal Ahmed of the BBC.
    DANIEL LEAL-OLIVAS/AFP/Getty Images

    We check in with the BBC’s Victoria Craig for the latest on the resignation of British Prime Minister Boris Johnson, who addressed media earlier today. What could be the potential economic effects? The payroll processing firm ADP is pausing its usual “jobs week” report for an upgrade on their methodology. We look into why people are viewing the economy in a negative light despite the evidence of a strong jobs market. 

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  • Jul 7, 2022

    G20 meeting to address Ukraine war’s impact on global poverty

    G20 meeting to address Ukraine war’s impact on global poverty
    Anatolii Stepanov/AFP via Getty Images

    Foreign ministers of the Group of 20 countries – including the U-S, Russia and China – are converging in Bali today. Among the talking points: the Ukraine war and its effects on energy and food security. The BBC has the latest on British Prime Minister Boris Johnson’s impending resignation. Marketplace senior economics contributor Chris Farrell discusses how the flawed U.S. child care system adds to the burden of the economy.

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  • Jul 7, 2022

    British PM Boris Johnson to resign

    Journalists gather outside 10 Downing Street in central London on July 7, 2022. - British Prime Minister Boris Johnson was clinging to power, despite more than 50 resignations from his government. A culture of scandal has dogged Johnson for months, including lockdown-breaking parties in Downing Street. (Photo by JUSTIN TALLIS / AFP) (Photo by JUSTIN TALLIS/AFP via Getty Images)

    From the BBC World Service: Days of political turmoil in London have culminated in an agreement today from U.K. Prime Minister Boris Johnson to step down. Foreign ministers from 20 of the world’s biggest economies are gathering in Bali to talk about disruptions to food and energy supplies. And we hear what like is like for businesses in Kyiv today.

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  • Jul 6, 2022

    Many stock prices you see are old. There’s been a whole legal battle behind that.

    Stock traders tend to fear the higher interest rates that often accompany inflation. But inflation can also signal a healthy increase in economic activity.
    Spencer Platt via Getty Images

    There’s been a duel among brokers, exchanges, and the SEC over fees associated with up-to-the-second stock market data streams. The SEC tried to do something about the control exchanges have over those streams, but an appeals court struck down the agency’s proposed rule change. We dive into the world of socially responsible investing with Amy Domini, founder and chair of Domini Impact Investments.

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  • Jul 6, 2022

    Oil prices are down, but when might you see the effects at the pump?

    Oil pumpjacks stand in the Inglewood Oil Field on in Los Angeles, California.
    Mario Tama/Getty Images

    We check in with the latest movement on the oil markets with Fernando Valle, senior energy analyst at Bloomberg Intelligence, after oil markets displayed some volatility earlier this week. Sticking with oil, we break down some of the dynamics behind why Iran and other countries have been forced to sell at lower prices. We also examine how long the spending trend of services over goods can hold up.

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  • Jul 6, 2022

    U.K. gets new finance minister amid flurry of resignations

    Britain's newly appointed Chancellor of the Exchequer Nadhim Zahawi arrives at the Treasury to start his new job in central London on July 6, 2022. - UK Prime Minister Boris Johnson suffered two shock departures from his government Tuesday, including his finance minister, as civil war erupted in the high command of the ruling Conservative party. (Photo by Daniel LEAL / AFP) (Photo by DANIEL LEAL/AFP via Getty Images)

    From the BBC World Service: Late yesterday, U.K. finance minister Rishi Sunak resigned, attacking Prime Minister Boris Johnson’s leadership and saying people wanted competence and integrity. Norway’s government has imposed a forced settlement on striking oil and gas workers. We look at the legacy of OPEC’s secretary general Mohammad Barkindo, who was instrumental in the expansion of the organization.

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Jarrett Dang