Latest from Nick Esposito

• Aug 31, 2023

  Inflation could be sticking around

  

  The July PCE index, which was up 3.3%, indicates inflation is lingering. Plus, Switzerland cracks down on money laundering and Best Buy says there’s a light at the end of the tunnel.

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• Aug 31, 2023

  What’s so good about PCE?

  

  Its the indicator all the cool kids of economics look to for the state of consumer spending. Plus, overtime pay and China’s economy.

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• Aug 31, 2023

  Credit Suisse collapse gives UBS a major boost

  

  From the BBC World Service: Think back to the spring — the collapse of Silicon Valley Bank sent shockwaves through the sector, eventually rippling out to Europe and contributing to the end of Credit Suisse. Its rival UBS swooped in, acquiring it through a $3 billion government-backed bailout. UBS has now reported the biggest ever quarterly profit for a bank — a $29 billion gain linked to the takeover. But it’s still pressing ahead with some major cutbacks. Plus, we take a look at the latest gloomy data on the state of China’s economy. And, how are tourist businesses on the Greek island of Rhodes faring after last month’s wildfires?

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• Aug 30, 2023

  Eviction or not, these tenants are being pushed out

  

  Some landlords are pressuring tenants to move out without even filing eviction paperwork. Plus, Hurricane Idalia and Raimondo’s China visit.

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• Aug 30, 2023

  What’s a fair price for blood thinners?

  

  Now, Medicare will get to decide, and then negotiate with pharmaceutical companies. Plus, why the FDIC wants banks to take on more debt.

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• Aug 30, 2023

  The route most travelled: How migrants are making their way to Europe

  

  From the BBC World Service: The BBC joins the Tunisian Coast Guard as the route from the north African country to Italy becomes the busiest route for migrants into Europe. Meanwhile, army officers have declared control over the oil-rich country Gabon. The BBC’s Africa Editor Will Ross explains what impact this could have. Finally, house sales in the U.K. fall by 20 percent in a month. We hear why from Aneisha Beveridge from Hamptons, a U.K.-based estate agency.

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• Aug 29, 2023

  Who’s gonna build a renewable energy grid?

  

  Trades that are higher-paid will likely be covered, but what about all that solar panel manufacturing? Plus, bank stability and U.S.-China trade.

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• Aug 29, 2023

  A new-and-improved FAFSA

  

  It will be available to students in December, for the 2024-25 academic year. Plus, a rising demand for venture debt.

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• Aug 29, 2023

  London puts a price on pollution as it expands its ultra low emission zone

  

  From the BBC World Service: London has today expanded its ultra-low emission zone (ULEZ), which is designed to clean up air quality in the British capital. The BBC’s Olie D’Albertanson explains the financial knock-on effect for those living and working there. We also hear from Frank Levin, a former U.S. under-secretary of commerce for international trade, on the efforts being made to restore relationships with China. Lastly, the BBC’s João da Silva reports on concerns over gas price rises, with workers at two large liquefied natural gas plants in Australia going on strike in a week.

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• Aug 28, 2023

  Relief, and some uncertainty

  

  That was the mood at last week’s Jackson Hole Symposium, hosted by the Kansas City Fed. Plus, an oversupply of salmon means Alaskan fishermen are struggling.

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