The Labor Department reports that 336,000 jobs were created last month — way more than expected. We discuss the job market’s continued resilience and what it means for the Fed.
Norwegian author Jon Fosse won the Nobel Prize in literature this week, and the book industry is prepping for a sales uptick. Plus, Amazon is launching its first internet satellites.
From the BBC World Service: The World Trade Organization originally thought that global exports would grow by 1.7% this year but lowered its forecast to 0.8%. Also: designer space suits!
With Kevin McCarthy out as house speaker, the future of aid for Ukraine looks uncertain. Plus, President Joe Biden cancels $9 billion in student loan debt.
From the BBC World Service: The 2030 Soccer World Cup will be held in six countries on three different continents. How will it affect the competition’s finances? Plus, Paris tries to stamp out its bedbug infestation.
From the BBC World Service: The U.S. Treasury Department announced sanctions against what it’s called a China-based network behind the components of fentanyl and a number of other illegal drugs.
Workers at Kaiser Permanente are poised to go on strike starting Wednesday. We dig in, then examine the relationship between the UAW and the green economy.
