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Jay Siebold

Technical Director, Marketplace Morning Report

Latest from Jay Siebold

  • Jun 12, 2020

    Stock market turbulence returns

    In a week when the Nasdaq reached an all-time high, it then fell 5.3% on Thursday.
    Bryan Thomas/Getty Images

    The stock market’s biggest drop since March. A big part of the Republican National Convention is moving from Charlotte, North Carolina, to Jacksonville, Florida. Calls to change the measure that lets police departments get surplus military hardware and supplies.

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  • Jun 12, 2020

    UK economy shrinks at record level

    The U.K.'s economy shrank at a record level with COVID-19 restrictions in place.
    PA Media

    The U.K.’s economy shrank by 20.4% in April, the sharpest contraction since records began. Asian and European stocks follow Wall Street down on fears of a second wave of the coronavirus. And, Sony has revealed its new Playstation 5.

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  • Jun 11, 2020

    Companies back away from facial recognition technology

    There are several bills in Congress that address facial recognition technology, none of which are on the verge of passage at this stage.
    Dan Kitwood/Getty Images

    After IBM said it will no longer sell or research facial recognition software, Amazon announces amoratorium on police use of its technology. Grubhub’s acquisition by Just Eat Takeaway. The stock market tumbles after a Federal Reserve reality check.

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  • Jun 11, 2020

    Fed reacts to inequality, high unemployment

    "We will use our tools to support maximum employment and take that definition to heart," Fed Chair Jerome Powell said Wednesday.
    Federal Reserve via Getty Images

    America’s top economic policymakers at the Federal Reserve think the COVID-19 economy will linger on. How the U.S. shelters homeless people during a pandemic. And, how Starbucks has been hit the decline in commuting.

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  • Jun 11, 2020

    Just Eat Takeaway gobbles up Grubhub

    A Just Eat Takeaway delivery rider in London.
    Getty Images

    Why Europe’s Just Eat Takeaway acquired Grubhub and what it means for Uber Eats, who’d previously been trying to secure a deal. Trade tensions rise between China and Australia. Spain’s top soccer league La Liga returns tonight.

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  • Jun 10, 2020

    Extra unemployment money is set to run out

    Members of the Trump administration and Congress debated the future of expanded unemployment benefits during a Senate Finance Committee hearing on Tuesday.
    Caroline Brehman-Pool/Getty Images

    Debate over extending the extra $600 a week in unemployment benefits. Should government support for the economy continue? The number of deferred credit card payments appears to be dropping. How community participation can guide law enforcement.

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  • Jun 10, 2020

    How COVID-19 affects opportunities for young people

    The number of people ages 16 to 24 who aren't in school or at work could increase significantly under COVID-19.
    Cindy Ord/Getty Images

    The Organization for Economic Cooperation and Development predicts a deep recession around the world. But for how long? Adidas pledges to hire more Black employees. And, how COVID-19 might lead to more “youth disconnection” in the U.S.

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  • Jun 10, 2020

    NATO welcomes UK review of Huawei

    NATO Secretary General Jens Stoltenberg.
    AP

    NATO’s Secretary General Jens Stoltenberg says he welcomes a U.K. review of the Chinese tech firm Huawei. Also, how reformed community policing could look around the world, and HBO Max pulls “Gone with the Wind” from its platform.

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  • Jun 9, 2020

    It’s official: We’re in a recession

    The 11-year expansion for the U.S. is gone. It's officially a recession.
    Bruce Bennett/Getty Images

    The National Bureau of Economic Research says the U.S. in a recession. But smaller businesses are more optimistic than they were a month ago.  And, how the NFL is responding to protests for justice around the country.

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  • Jun 9, 2020

    Discrimination allegations at Bon Appétit, Refinery29

    Adam Rapoport resigned as editor-in-chief of Bon Appetit on Monday.
    Bryan Bedder/Getty Images for ASME

    The editor-in-chief of Bon Appétit magazine, Adam Rapoport, has resigned after a photograph of him in brownface resurfaced. And, one college in Wisconsin is overhauling its academic calendar to prepare for a return to campus amid COVID-19.

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Jay Siebold