Latest from Jesson Duller

• Jun 8, 2022

  How the SEC could alter the rules of the stock market

  

  It could be a summer of change for the stock market, as the SEC is expected to announce several proposed alterations that emerged not long after the “meme stock” excitement of last year. We spoke to Erik Gordon, professor at the University of Michigan’s Ross School of Business, about some of the ideas in the works. The OECD warns that the war in Ukraine will cause higher inflation and lower growth. Wholesale inventories can offer up signs of where consumer demand is heading.

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• Jun 8, 2022

  OECD cuts growth forecast on Ukraine war

  

  From the BBC World Service: The Organisation for Economic Co-operation and Development has issued a new report, warning that the war in Ukraine will cause higher inflation and lower growth for the next year at least. Meanwhile, Russia’s foreign minister Sergei Lavrov has been holding talks in Ankara with his Turkish counterpart Mevlut Cavusoglu, who says Turkey supports a United Nations plan to facilitate exports of Ukrainian grain by sea. And in Australia, state, territory and federal government ministers have met for crisis talks over the soaring cost of natural gas.

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• Jun 7, 2022

  Supreme Court draws a small line on forced arbitration

  

  The Supreme Court ruled on a case Monday that could have an effect on how employers utilize forced arbitration. The ruling: Southwest Airlines couldn’t make a baggage handler resolve her complaint about unpaid overtime leave within the confines of private arbitration … she’s able to sue them in court. The Bureau of Land Management is attempting to address overstays and people living on public lands as a result of the housing crisis. 

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• Jun 7, 2022

  Apple is taking a bite into the buy now, pay later business

  

  Say hello to Apple Pay Later, which will be the tech giant’s offering in the growing buy now, pay later space. It’ll be available with Apple’s next operating system in the fall, and it signifies the largest entry yet into the industry. We look at how teens are helping shore up shortages for plenty of business owners. JetBlue continues to sweeten its offer for Spirit Airlines, which is close to landing on a merger decision.

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• Jun 7, 2022

  AstraZeneca looks beyond vaccines but has no regrets, says CEO

  

  From the BBC World Service: Pascal Soriot, chief executive of the British-Swedish pharmaceutical giant, recently sat down with the BBC to talk about the decision to sell vaccines at-cost during the height of the pandemic, and the impact of COVID-19 on the business. Sri Lanka’s new prime minister says the country will need at least $5 billion over the next six months just to maintain basic functions. And British singer Kate Bush has made a global chart comeback, thanks to the Netflix show “Stranger Things.”

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• Jun 6, 2022

  A good time to graduate college

  

  What a difference two years makes for people graduating from college. A survey by the National Association of Colleges and Employers found that employers plan to hire 32% more graduates from the class of 2022 than from the year before. We speak with one college president about what he’s seeing on his campus. And, China is reopening more after COVID-related lockdowns. That’s giving investors some optimism about inflation, with potential eases to the ongoing headache that is global supply chain frictions.

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• Jun 6, 2022

  Good and bad news for the baby formula shortage

  

  The good news is that a major baby formula manufacturing plant in Michigan is restarting production after being closed for months. That could help ease the shortage. But it’s going to take weeks for new product to hit the shelf. And the bad news is that the shortage has only gotten worse in recent weeks. Also, the U.S. considers lifting tariffs to flight inflation. And, half of NBA teams now have Black head coaches, including the Boston Celtics who are playing for a championship in the NBA Finals. But the league is still behind on equity when it comes to other hiring.

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• Jun 6, 2022

  Chinese tech giant Ant Group launches new bank in Singapore

  

  From the BBC World Service: In Singapore, Chinese tech giant Ant Group has launched a new digital wholesale bank called ANEXT. In Bangladesh, an explosion at a depot containing garments ready for export to Western retailers, has killed dozens of people. And, what’s thought to be the world’s biggest trial of a four-day work week starts today in the U.K.

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• Jun 3, 2022

  Examining the world’s economic power structure with Ray Dalio

  

  The founder and co-chief investment officer of Bridgewater Associates unveiled a system for scoring the relative power of the world’s top economic superpowers at Davos last week. In our interview, Dalio touches upon the many dynamics and factors that went into his system, the Country Power Score Index. Christopher Low joins us for our markets discussion on Jobs Day, where we find that U.S. employers added 300,000 jobs in May.

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• Jun 3, 2022

  That paycheck-to-paycheck life is hitting more high earners

  

  Nearly two-thirds of Americans say they’re living paycheck to paycheck, including a third of people making $250,000 a year, according to a new survey out from Pymnts.com and LendingClub Corp. We take a peek behind some of the data. Ray Dalio, founder and co-chief investment officer of Bridgewater Associates, joined us to discuss how the U.S. is entering a period of “stagflation” in one part of an extensive interview. The massive fire in New Mexico actually started out as  a series of prescribed burns. The loss of control could have ripple effects on the practice.

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