Marketplace®

Daily business news and economic stories

Jonathan Frewin

Latest from Jonathan Frewin

  • Police officers inspect the site after gunmen attacked the Pakistani stock exchange building in Karachi, Pakistan on June 29, 2020.
    Sabir Mazhar/Anadolu Agency via Getty Images

    Fatalities following an attack by gunmen on the Pakistan Stock Exchange building in Karachi. Amazon workers in Germany strike over COVID-19 safety fears. Fears of food insecurity in East Africa grow amid a new wave of desert locusts.

    Read MoreDownload
  • May saw the biggest increase in consumption ever, but we are still down 12% from spending in February.
    Cindy Ord/Getty Images

    Consumers spending jumped a record 8.2% in May, but “we’re not even close” to back to normal. Airlines executives are going to the White House today to talk COVID-19 concerns. And, Ibiza’s clubs are shut down for the foreseeable future.

    Read MoreDownload
  • Trump administration asks SCOTUS to throw out the entire ACA
    Joe Raedle/Getty Images

    Half a million Americans have turned to Obamacare during COVID-19. So why does the Trump Administration want the Supreme Court to strike it down? Texas governor pauses reopening the state. And, people are ditching big weddings in favor of elopements.

    Read MoreDownload
  • Portugal's capital Lisbon has reimposed lockdown after a series of localized outbreaks.
    Pedro Fiúza/NurPhoto via Getty Images

    Almost 2,000 people are under quarantine in Germany after a coronavirus outbreak at a meat factory. Meanwhile, France’s coastal towns are relying on domestic visitors as EU countries discuss reopening borders.

    Read MoreDownload
  • The herbicide Roundup has been a blockbuster weedkiller, but plaintiffs say it causes a certain cancer and several juries have agreed.
    Josh Edelson/AFP via Getty Images

    One of the largest product-liability settlements ever takes shape. Will the U.S. be able to sustain an improvement in reducing unemployment? Nike’s earnings, and its support for Black Lives Matter. How the pandemic is testing the foster care system.

    Read MoreDownload
  • "We're managing to do it right now in the COVID pandemic. We send people checks," Blyth says. "Imagine if those checks were endowment checks."
    Chip Somodevilla/Getty Images

    As we reimagine an economy of the future, economist and “Angrynomics” author Mark Blyth shares ideas for a “citizens’ wealth fund.” And, with COVID-19 cases spiking, reopenings are being reconsidered, including at Disney theme parks.

    Read MoreDownload
  • Nigeria's economy relies heavily on its energy sector, particularly crude oil.
    Stefan Heunis/AFP via Getty Images

    Billions are needed to boost the economy of Africa’s largest crude oil producer. Qantas cuts 20% of its workforce. Travel companies struggle as Saudi Arabia bans international pilgrims travelling for hajj.

    Read MoreDownload
  • A clearer picture on who got PPP loans
    Getty Images

    Who got Paycheck Protection loans? New research suggests those who got the most may have needed it the least. Plus, a cautious mood among stock investors with COVID-19 spikes. And, the child care industry’s dire need for financial help.

    Read MoreDownload
  • The Baltic Dry Index measures what shipping companies charge to carry bulk goods — things like coal, iron ore, grains.
    Mark Ralston/AFP via Getty Images

    Economists track what’s called the Baltic Dry Index as a snapshot of what’s coursing through the arteries of the global economy. Plus, 13 more J.C. Penney stores will close for good. And, surveying millennials about transformational change.

    Read MoreDownload
  • There are around 10 million children across Latin America at work.
    Ricardo Funari/Brazil Photos/LightRocket via Getty Images

    Some families facing financial hardship in Latin America are sending children to work. Germany imposes fresh regional lockdowns after a spike in COVID-19 cases. A spotlight on Spain’s migrant fruit pickers.

    Read MoreDownload