Jay Siebold

Technical Director, Marketplace Morning Report

Latest from Jay Siebold

Feb 10, 2021
Yet more evidence of a “K-shaped” economic recovery
Johannes Eisele/AFP via Getty Images
Plus, the latest reading of consumer prices in the U.S. and what they mean for worries about inflation. And, a contact tracing program in Miami Beach, Florida, to keep people healthy and arts venues, hotels and restaurants running.
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Feb 10, 2021
European Commission chief admits underestimating difficulty of vaccine efforts
Frederick Florin/AFP via Getty Images
European Commission president, Ursula von der Leyen, admiotted to being late in ordering coronavirus vaccines, too optimistic about mass production and too confident about supply security. Plus, could vaccine passports really make pandemic travel possible? And, video conferencing has made us pay more attention to what’s in our backgrounds, it’s also boosted the book business.
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Feb 10, 2021
When essential workers may not be employees
John Moore/Getty Images
The disappearance of regular full-time jobs in the U.S. economy, one example being the trend of independent contractor janitors. Plus, GM reports quarterly results amid the company’s announcement that it will keep three plants idle because of a global chip shortage. And, Aunt Jemima is rebranded as Pearl Milling Company.
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Feb 9, 2021
How raising the minimum wage would affect the U.S. economy
Jemal Countess/Getty Images for One Fair Wage
According to the nonpartisan Congressional Budget Office. Its new report says a $15 federal minimum wage would reduce poverty but cost the U.S. jobs. Plus, dispelling the worry that a third round of COVID relief will produce inflation. And, a Tennessee high school program aims to get more women into the auto repair field.
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Feb 9, 2021
New stimulus checks could be here by March
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Democrats in the House have released details on some of their priorities for new COVID relief, including what $1,400 stimulus payments might look like. Plus, small business confidence at an eight-month low. And, the IRS is getting ready to accept 2020 tax returns, but it’s also still working through a backlog caused by the pandemic.
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Feb 9, 2021
Nearly 1 million Venezuelans find refuge from economic crisis in Colombia
Daniel Munoz/AFP via Getty Images
Colombia has granted legal status to the undocumented migrants, who will be permitted to work and apply for permanent residency. Also, British supermarkets in the European Union face major supply problems because of post-Brexit rules on imports from the U.K.
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Feb 8, 2021
Increasing the child tax credit
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House Democrats are set to unveil legislation today that would increase the child tax credit. Plus, will a new COVID relief package from the federal government lead to higher inflation? And, in another sign of streaming’s strength, a brick-and-mortar video rental chain closes up the last of its stores.
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Feb 8, 2021
Which carmaker is going to partner with Apple?
Dirk Waem/AFP via Getty Images
Hyundai says it’s not in talks with Apple over autonomous car production. Plus, how toy companies are managing in the pandemic despite not having as many big movie releases to rely upon. And, where President Biden’s approach to climate change leaves the coal industry.
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Feb 8, 2021
Questions swirl about the effectiveness of the AstraZeneca COVID-19 vaccine
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Investors are assessing the implications of South Africa’s decision to suspend its rollout of the drugmaker’s coronavirus shot. What does that mean for global supply? Also, Cuba’s opening up its economy to private businesses. And, the U.N.’s climate action envoy calls for more green investments.
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Feb 5, 2021
What regulators came up with when they met about market volatility
Olivier Douliery/AFP via Getty Images
Treasury Secretary Janet Yellen and others say financial markets were able to handle the strain of volatile trading of GameStop and other stocks. Plus, grim numbers for the January jobs report. And, a preview of what you’ll see from Super Bowl ads if you tune into the big game on Sunday.
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