Latest from Jonathan Frewin

• Mar 24, 2021

  Yellen, Powell remind us pandemic pain is still prevalent

  

  Treasury Secretary Janet Yellen said 1 in 10 adults in the U.S. are going hungry. Plus, stock prices are up … for now. We take a closer look at the recent back-and-forth, and whether it’s “good inflation” or “bad inflation” that the economy could see during recovery. And, California Gov. Gavin Newsom will likely face a recall election this fall.

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• Mar 24, 2021

  The reality of the gender pay gap in the U.S.

  

  Today is Equal Pay Day for women, which marks how long into 2021 the average woman would have to work in order to earn the same income that the average man earned in 2020. Plus, inside Robinhood’s plans for an IPO.

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• Mar 24, 2021

  Lodged container ship snarls traffic in Suez Canal

  

  A giant container ship has gotten stuck on the banks of Egypt’s Suez Canal, blocking a critical global shipping corridor that sees 10% of the world’s trade pass through each day. Plus, the European Union plans to propose tougher controls on vaccine exports. And, researchers say COVID vaccines, vaccine passports and forged negative test papers are being sold on the darknet.

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• Mar 23, 2021

  How soon will international travel get easier?

  

  The travel industry is urging the White House to let people get back to their international trips by this summer. Plus, congressional testimony from Treasury Secretary Janet Yellen and Fed Chair Jerome Powell today. Also, GameStop reports profits and losses for the first time since the Reddit-fueled retail investor trading phenomenon took over. And, just how much income the wealthiest U.S. households aren’t paying taxes on.

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• Mar 23, 2021

  The Fed’s in no hurry to develop a digital dollar

  

  Federal Reserve Chair Jerome Powell weighs the pros and cons of digital currencies. Plus, real estate brokers don’t have enough houses to sell right now. And, a status update on China’s “Belt and Road Initiative” infrastructure program and its effects on geopolitical relations.

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• Mar 23, 2021

  Germany’s Easter COVID lockdown is its tightest yet

  

  Germany is experiencing a COVID surge and health officials are racing to vaccinate people. Plus, there was no homecoming crown for Chinese internet giant Baidu when it started trading shares in Hong Kong in addition to its New York listing. And, how electric scooters are replacing regular motorbikes in India.

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• Mar 22, 2021

  A step forward for AstraZeneca’s vaccine

  

  The company announced the results of a U.S. trial this morning that find the vaccine is highly effective. Plus, continuing to keep an eye on U.S. Treasury yields and interest rates. And, pandemic relocation to Hawaii for some remote workers.

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• Mar 22, 2021

  Turkey’s currency plunges to near-record low

  

  The Turkish lira plunged more than 15%, with investors worried after the country’s central bank chief was fired Saturday. Plus, could the European Union ban vaccine exports to the U.K.? And, research suggests people in mainland Europe are less confident in the AstraZeneca vaccine than before.

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• Mar 22, 2021

  Financing a home has been getting more expensive

  

  Last week, Freddie Mac said the average 30-year fixed mortgage rate was at nearly 3.1%, the highest level since June. That could also have an effect on the wave of refinancing we’ve seen throughout the pandemic. Plus, a proposed railroad merger that would link Canada, the U.S. and Mexico. And, adding up the costs of working from home.

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• Mar 19, 2021

  Debt relief for some student loan borrowers

  

  The Biden administration is canceling debt for thousands of people with federal student loans from for-profit schools and students who were defrauded. Plus, despite forecasts of strong economic growth for the U.S. economy, Fed Chair Jerome Powell is taking a more cautious approach. And, the state of our bifurcated economy, where some households have managed to save more during the pandemic and others have had to borrow more and increase debt.

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