Latest from Jesson Duller

• Mar 30, 2022

  Private payroll data shows job market strength in the face of inflation

  

  Susan Schmidt of Aviva Investors dives into the latest data from private payroll processing firm ADP with us. A report from the NAACP and the Kapor Center reveals a lack of diversity in several facets of the tech industry. Where can homeless people go after they have to stay at a hospital? Medical respite centers that are starting to emerge all over the country could provide the answer.

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• Mar 30, 2022

  Russia wants Europe to pay for gas in rubles. Why?

  

  This week, the G7 nations rejected a demand from Russian President Vladimir Putin that they pay for Russian natural gas in the country’s own currency, which is the ruble. We look into what Putin’s reasoning could be, and what complications it could bring. The war in Ukraine is raising food prices, and the United Nations is warning that unless something changes, the world could be headed for the worst food crisis since World War II. The California committee on reparations for Black Americans is wading through the debate of who can actually get them.

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• Mar 30, 2022

  Russia paying Syrian mercenaries $7,000 a month to fight in Ukraine

  

  From the BBC World Service: Germany is activating an emergency plan for a potential natural gas supply disruption from Russia. The BBC has learned Syrian mercenaries are being offered $7,000 per month by Russia to fight in Ukraine. British farmers are worried about surging inflation and warn the rising cost of food will be passed on to consumers.

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• Mar 29, 2022

  Curious about what companies are in or out of Russia? We look into a list of them.

  

  More than 450 companies, from Exxon to Starbucks to H&M, have partially or fully withdrawn from Russia since the country’s invasion of Ukraine began, but many Western companies have yet to abandon their Russian operations, according to a now-viral corporate watchlist compiled by Yale management professor Jeffrey Sonnenfeld. We talked to Sonnenfeld to help us look further. Christopher Low explains a big move in the bond market. The House Oversight Committee wants to look into how Credit Suisse of Switzerland is handling sanctions against the Russian elite.

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• Mar 29, 2022

  Russia-Ukraine war leads to morality play for business

  

  Hundreds of Western companies have cut ties with Russia since its invasion of Ukraine, marking a critical moment for business leaders who must decide whether to abandon their Russian operations or remain – and contend with the blowback of that decision. We spoke to Harvard business professor and author Ranjay Gulati about how companies’ refusal to exit the moral gray area could lead to serious repercussions this time. President Biden has proposed a “billionaire minimum income tax” — at least a 20% tax on the very richest households in the country.

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• Mar 29, 2022

  Democratic Republic of Congo joins East African common market

  

  From the BBC World Service: Turkey hosts the latest round of talks aimed at ending the Russia-Ukraine war as local businesses in besieged cities like Odessa try to carry on. Africa’s second largest country, the Democratic Republic of Congo, joins the East Africa Community (EAC) trading bloc. India’s national trade unions go on strike but fall short of achieving their aims.

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• Mar 28, 2022

  Bread prices are skyrocketing, which could mean major issues in the Middle East

  

  The war in Ukraine has triggered a spike in the price of wheat, which means higher prices for bread. That may be a slight inconvenience for some countries, but for many others with populations who live in poverty, it could mean disaster. U.S. farmers have yet to reap any benefits of those higher wheat prices as well. Car companies are about to pay a lot more if they miss fuel efficiency targets, as federal regulators are more than doubling penalties.

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• Mar 28, 2022

  Madeleine Albright leaves legacy of leadership for working women

  

  Madeleine Albright, the first woman to serve as Secretary of State, died last week at the age of 84 and became a role model for women’s leadership in the workplace. We look into the legacy she left behind. The war in Ukraine has led to a spike in wheat prices, and farmers in the U.S. aren’t seeing any of the expected benefits of those prices. President Biden is set to announce his budget for the coming fiscal year.

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• Mar 28, 2022

  Shanghai goes into lockdown as China’s zero-COVID strategy questioned

  

  From the BBC World Service: China’s financial capital goes into a two-phased lockdown as COVID-19 cases continue to rise. U.S. Secretary of State Anthony Blinken is in Israel for a landmark summit aimed at reviving the Iran nuclear deal. As Russia’s war in Ukraine continues, European businesses finding way to help the growing numbers of refugees.

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• Mar 25, 2022

  Another storm (of tax returns) is coming for a backlogged IRS

  

  The Internal Revenue Service is already facing a mountain of challenges, and this year’s next wave of tax returns (and taxpayers seeking answers) could bog the agency down even further. Christopher Low shares his take on mortgage rates for today’s markets talk. The Biden administration is trying to make a clearer path to federal loans for Native American farmers.

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