Latest from Jesson Duller

• May 2, 2022

  How mortgage rates are reacting to the Fed’s inflation fight

  

  This week, the Federal Reserve is expected to raise interest rates to help tackle inflation. Thus far, mortgage rates have been responding to the Fed’s measures, which have risen to a decade-high level. We talk to Julia Coronado, founder and president of MacroPolicy Perspectives, for more on what this means for the economy and prospective homebuyers. Plus, workers at an Amazon warehouse in Staten Island, New York, voted to unionize last month, but Amazon has filed complaints in hopes over overturning the result. And, coin collecting is becoming a profitable venture thanks to social media.

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• May 2, 2022

  Gas prices are a source of financial hardship for more than half of Americans, survey says

  

  More than half of Americans are facing financial hardship because of rising gas prices, according to a new Gallup survey. With the cost of other household goods like food also on the rise, some are saying spending more at the gas pump has become a huge source of stress. Also, the Federal Reserve meets this week to decide its next move in the fight against inflation, and it is expected to raise interest rates again. And, students of indigenous descent attending some public universities in California will soon be eligible for tuition assistance.

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• May 2, 2022

  How big is Europe’s appetite to cut off Russian energy?

  

  From the BBC World Service: EU energy ministers are this week discussing an embargo on Russian energy, but Germany’s economy minister says there’s not yet unanimity on a way forward. Meanwhile, India’s prime minister is on a diplomatic tour in Europe and the war in Ukraine is a central focus. Plus, how a $3 trillion cannabis industry left Jamaica’s smaller producers behind.

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• Apr 29, 2022

  The business behind the NFL draft

  

  Marketplace’s Andy Uhler reports on the NFL draft from Las Vegas. After two years, some parents observed Take Our Daughters and Sons to Work Day.

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• Apr 29, 2022

  What China’s trade decisions do to the global economy

  

  China is a big player in the global economy, importing and exporting several trillion dollars worth of goods and services each year. That means China’s trade decisions can affect the health of industries and economies across the globe, but right now it’s hard for the World Trade Organization to do anything about it. For more on this issue, we talk to Chad Bown at the Peterson Institute for International Economics. Households are becoming more nervous about personal finances due to inflation. A look at results from Apple and Amazon, which reported earnings and losses this week. 

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• Apr 29, 2022

  More, not fewer, COVID-19 restrictions and further testing in Beijing

  

  From the BBC World Service: School children in the Chinese capital are learning from home. Apartment blocks, shopping malls, cinemas and gyms are being sealed off in some areas. Behind the scenes, some business investors are expressing concern. Plus, the World Health Organization and UNICEF claim some baby milk producers are using unethical social media marketing practices. And, how Ukraine’s tattoo industry is getting an unexpected boost since Russia invaded the country. 

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• Apr 28, 2022

  GDP fell, but what does that really mean for the economy?

  

  The hot and cold economy, explained. Delta will start paying flight attendants for boarding time. And self-recorded auditions may be here to stay.

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• Apr 28, 2022

  World Bank: high food and energy prices will stick around longer than expected

  

  High commodity prices, driven by pandemic disruptions and the war in Ukraine, are roiling the global economy. Developing nations are particularly sensitive to these increases, especially in food prices. We speak to David Malpass, President of the World Bank, about the bank’s latest economic projections and what they say about where the world may be headed. Forecasters are talking ahead of morning’s forthcoming GDP numbers, which may show a slowdown amid high inflation. 

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• Apr 28, 2022

  One of India’s richest men plans a bid for Walgreen Boots British drugstores

  

  From the BBC World Service: The BBC understands that if Mukesh Ambani, chairman of Reliance Industries, buys the drugstores, he plans to expand the U.K. brand into India, Southeast Asia and the Middle East. Plus, a Samsung smartwatch commercial faces criticism from women. And, the “urban miners” looking to profit from electronic waste.

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• Apr 27, 2022

  Running a business is becoming more expensive

  

  Business owners are facing shrinking profit margins as they deal with higher costs for materials and rising wages. We take a look at what options businesses have, including raising prices. A look at why the stock market has been down in the past month. Businesses have been investing in new equipment, which can improve productivity at a time of labor shortages.

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