Latest from Jesson Duller

• May 25, 2022

  How an interview system helps detect and protect at-risk older adults

  

  We look into a new tool to help gauge the decision-making ability of older adults regarding a range of risks, from financial exploitation to self-neglect. Dr. Mark Lachs, who co-created the interview for decisional abilities, tells us more. The mass shooting at a Texas elementary school Tuesday claimed the lives of 19 children and two adults. In the aftermath, President Biden called for congressional action to impose new limits on gun sales, adding that Congress should stand up to the gun lobby. We take a look at the financial power of that lobby, as well its political opponents who advocate for gun control. 

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• May 25, 2022

  Chelsea Football Club sale to U.S.-led consortium approved

  

  From the BBC World Service: One of England’s top soccer clubs, Chelsea, is now in American hands, after the U.K. government approved its sale to a consortium led by L.A. Dodgers co-owner Todd Boehly. Former heavyweight boxing champions Wladimir and Vitali Klitschko are at the World Economic Forum in Davos, encouraging European governments to maintain funding to Ukraine despite the economic blowback from sanctions imposed on Russia in the wake of the invasion. And Brexit may mean gene-edited crops soon appear on grocery store shelves in England, having been prohibited under European Union legislation.

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• May 24, 2022

  Snap Inc. slides, and other tech stocks join in

  

  Snap Inc. – that’s the company behind Snapchat – is warning that it will miss its latest earnings forecast, which was issued just a month ago. Investors aren’t taking this news in stride – shares of Snap fell more than 30% at one point in pre-market trading. President Biden said he plans to meet with Treasure Secretary Janet Yellen to possibly find a way to reduce the tariffs on Chinese imports left behind by the Trump administration. We examine how Mexico s looking to undo years of reforms that opened the country’s oil and gas sector to foreign investment.

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• May 24, 2022

  Buying a house on the hope mortgage rates will ease

  

  There’s been an increased demand for adjustable-rate mortgages (ARMs) as skyrocketing interest rates have made homes a lot more pricey for possible buyers. While these kinds of home loans can lead to lower monthly payments, they carry some risk. The BBC reports on AirBnb’s exodus from China. For today’s Economic Pulse, we talk to the CEO of the Roosevelt Institute about the prospect of student debt being canceled.

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• May 24, 2022

  World faces food insecurity “hellstorm,” says WFP

  

  From the BBC World Service: The World Food Programme’s director bluntly lays out what could happen if food production and delivery continues to be hit by the war in Ukraine. AirBnb is leaving China, as tourism continues to be hit hard there by zero COVID policies. And commuters rejoice as the long-anticipated Elizabeth line opens in London.

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• May 23, 2022

  In Texas, it’s … renewable energy to the rescue?

  

  The Texas power grid and the organization that runs it made the news a couple of years ago when freezing weather led to deaths and people without power for days. The temperatures in the state now have people reaching for air conditioning and boosting the toll on the electric grid. This is leading to calls for energy conservation. Enter renewable energy, which is picking up the slack. Julia Coronado discusses lower equity prices, futures and the Fed in our talk about the markets. The global economic forum known to many as simply Davos has kicked off.

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• May 23, 2022

  Breastfeeding proves to be a complicated countermove to baby formula shortage

  

  The baby formula shortage has led many parents to consider breastfeeding. That comes with a variety of costs and barriers, especially in workplace culture. Zoom exploded during the pandemic and has become a fixture in the American workplace lexicon. But what’s Zoom to do with all that money? President Biden, on the final day of his Asia tour, launched a new economic alliance with 12 Indo-Pacific nations.

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• May 23, 2022

  World faces “confluence of calamities” as Davos meeting kicks off

  

  From the BBC World Service: The meeting of the World Economic Forum in the Swiss mountain resort of Davos has kicked off with a warning from the head of the International Monetary Fund, Kristalina Georgieva. Meanwhile just 170 miles away in Northern Italy, people in the steel town of Brescia are feeling the squeeze of the rising cost of living. And Australia has a new prime minister; he had to be sworn in before all the votes were counted because he is already off to Tokyo for the Quad summit with the U.S., Japan, and India.

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• May 20, 2022

  Inflation is now a factor in the exodus of educators

  

  Teachers and other education workers are up against pandemic burnout, understaffed schools and wages that aren’t keeping up with inflation. As a result, a recent study has revealed that job satisfaction among those in the profession is at its lowest levels, forcing already-burdened teachers to leave at record rates. U.S. Treasury Secretary Janet Yellen called on other nations to combat global hunger before the G-7 meeting. Christopher Low joins us to discuss the morning’s market behavior.

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• May 20, 2022

  Biden visits Samsung factory in South Korea to highlight U.S. chip manufacturing

  

  President Biden is in South Korea today, the first of a five-day Asia tour. His first stop? A Samsung computer chip factory. A similar one is to be built in Texas. The president is using his visit to the Samsung plant to push lawmakers here in the U.S. to provide billions of dollars in funding for domestic chip manufacturing. Big retailers are reporting that their loads of surplus inventory are cutting into their profits. We dive into the story of a lawsuit from the descendants of Henrietta Lacks, a Black woman whose cancer cells were taken without her consent and used in the creation of vaccines and other materials that led to billions in profits for pharmaceutical companies. The case explores a variety of ethical questions.

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