Latest from Jesson Duller

• Mar 25, 2022

  Examining the EU’s big swing against Big Tech’s giants

  

  Earlier this week, the European Union unveiled sweeping antitrust legislation aimed at limiting the power of big tech companies. The long-awaited Digital Markets Act targets Big Tech’s “gatekeeper” companies, including Alphabet, Meta, Amazon, Apple and Microsoft. For more, we spoke to Jason Furman, a Harvard economist and senior fellow at the Peterson Institute for International Economics. And, Uber and taxis will be forming an unlikely but seemingly necessary alliance in New York City.

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• Mar 25, 2022

  The U.S. and EU announce major deal on energy supplies

  

  From the BBC World Service: Stronger cooperation on liquified natural gas has been announced between the U.S. and European Union. It’s a move the two sides say will bolster national security and move away from Russian energy dependence, but will not run counter to climate goals. While the environment remains a priority for wider U.S.-EU cooperation, in Poland the issue has been pushed to the back burner as that country works to reduce reliance on Moscow. Plus: Language has been finalized for new legislation aimed at reigning in global tech giants. And, we zero in on the nickel market, which has seen extreme volatility in the wake of Russia’s invasion of Ukraine.

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• Mar 24, 2022

  Measuring the impact of the child tax credit

  

  A recent study looked at the effects of the expanded child tax credit on families. Marketplace’s senior economics contributor, Chris Farrell, spoke with us about the study’s findings. Diane Swonk joins us to measure today’s market activity. We look into the Biden administration’s plan to counter racial inequity when it comes to home appraisals. Airlines have asked the president to end COVID travel policies, such as masks on planes.

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• Mar 24, 2022

  A tale of immigrant kids and family business, as told by a member of LA’s doughnut monarchy

  

  For this month’s Econ Extra Credit, we featured the 2020 documentary “The Donut King,” which helps illuminate the path that Cambodian-Americans have taken to doughnut-shop dominance in Los Angeles. One of the people featured in the film was Mayly Tao, who spoke to us about navigating the ties that bind immigrant children to their family business. President Biden is in Brussels today, holding talks with NATO and European leaders about how to reduce Europe’s dependence on Russian oil and gas exports.

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• Mar 24, 2022

  Russia’s stock market reopens from a record closure … but not everyone can trade

  

  From the BBC World Service: Russia’s stock market has reopened after a month-long closure implemented after intense volatility following President Vladimir Putin’s decision to invade Ukraine. But how open is “open”? Plus, people fleeing war in Ukraine to Poland are given registration numbers to access services and jobs. And, we discuss how inflation is fuelling widespread protests over gas prices in Spain. 

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• Mar 23, 2022

  Russia’s invasion of Ukraine is getting expensive

  

  The longer Russia’s invasion of Ukraine drags on, the higher the actual cost — in rubles and kopecks — of keeping the assault going. While it’s hard to pin down the cost of the conflict, experts say it has to be much more than what was expected. Susan Schmidt offers up her take on today’s market activity. Water levels are historically low at Lake Powell, the Colorado River reservoir that provides hydropower to seven western states via the Glen Canyon Dam. That could eventually lead to an energy crisis.

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• Mar 23, 2022

  Is the Great Resignation actually a great opportunity?

  

  The phenomenon known as the Great Resignation doesn’t appear to be slowing, leaving employers across industries faced with high employee turnover and understaffing. But this change also represents new opportunities, according to Keith Ferrazzi, chairman of the consulting firm Ferrazzi Greenlight. President Biden is heading to Brussels for a meeting with NATO, and is reportedly preparing a new set of Russia sanctions.

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• Mar 23, 2022

  Inflation in the U.K. hits 30-year high, with more demand for food banks

  

  From the BBC World Service: Britain’s finance minister, Rishi Sunak, is under pressure to offer more support for households as he prepares to outline the government’s spring spending plans. Plus, a last-minute change means teenage girls in Afghanistan won’t be allowed return to school for now, which could have longer-term implications for their future job prospects. And, at least 40 surrogate babies are stranded in Ukraine, which is home to one of the largest surrogacy agencies in the world.

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• Mar 22, 2022

  For some, the Big Quit leads to a big career shift

  

  Millions of workers have left their jobs during the pandemic, and many of them are going into new fields. We check in from Boston, where a school workshop has become a hub of people switching from white-collar jobs to learning a trade. The Biden administration says there’s intelligence showing increased preparatory activity for a possible Russian cyberattack on American targets.

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• Mar 22, 2022

  Fed chair Powell says he’s ready to pick up the pace on interest rate hikes

  

  The state of inflation is at the point where the Fed could raise interest rates at a faster-than-expected speed if that’s what’s needed, according to Jerome Powell, chairman of the Federal Reserve. The cruise industry, initially hit hard at the start of the pandemic, is starting to see the occasional wave of success as bans get lifted. The BBC reports on how electronic waste has become a new resource for the Royal Mint.

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