Marketplace®

Daily business news and economic stories

Nick Esposito

Latest from Nick Esposito

  • Setting a pay precedent
    Robert Nickelsberg/Getty Images

    The new contract between the Teamsters and UPS includes $30 billion in wage gains for workers. Could that encourage other companies to increase pay? Plus, check-ins on the ad market and the care economy.

    Read MoreDownload
  • 60,000 women in Afghanistan lose their jobs
    Wakil Kohsar/AFP via Getty Images

    From the BBC World Service: The Taliban has fulfilled its threat to shut down hair and beauty salons across Afghanistan, leaving tens of thousands of women without work. The BBC’s Caroline Davies explains. The CEO of NatWest, one of the UK’s biggest banks, has resigned after the bank closed the account of a former politician due to his conservative right-wing views. Alison Rose had said Nigel Farage’s account was shut down due to a lack of funds. In Germany, the government is suggesting that a siesta could help workers cope with uncharacteristic summer heat, and, finally, David Gressly, UN humanitarian coordinator for Yemen, gives an update on an operation to remove one million barrels of oil from a derelict tanker.

    Read MoreDownload
  • A mental health care coverage boost
    Drew Angerer/Getty Images

    The Biden administration just proposed a rule that would enforce mental health care coverage parity laws. Plus, a burgeoning economic opportunity in rural China: peach farms. 

    Read MoreDownload
  • Teamsters are back at the bargaining table
    Spencer Platt/Getty Images

    Progress has been made on a new five year contract between UPS and the Teamsters union. But if an agreement isn’t finalized before the current contract ends July 31, workers say they’ll go on strike. Plus, families are suing the U.S. over damage done during Hurricane Harvey.

    Read MoreDownload
  • Strikes continue over judicial reform in Israel
    Amir Levy/Getty Images

    From the BBC World Service: A general strike has been threatened in Israel over judicial changes that will restrict the Supreme Court’s powers to challenge the government. Today doctors take industrial action. We hear from the protestors and one of the country’s big business groups. Plus, an eye-opening story — why is the founder of ChatGPT scanning eyeballs? And will one of the world’s top soccer stars, Kylian Mbappé, head to Saudi Arabia for more than $300 million?

    Read MoreDownload
  • “Average” doesn’t mean typical
    Mandel Ngan/AFP via Getty Images

    “Bidenomics” has declared the U.S. to be in a period of economic growth. But most everyday Americans don’t feel that way. Plus, student loan repayments start this fall and businesses report soft landings that indicate no recession, at least on the immediate horizon.

    Read MoreDownload
  • Skin in the Game: Fake money, real stakes
    Dave Benett/Getty Images

    In some video games, the built-in financial system closely mirrors real-world economics. Researchers are looking to games like Everquest II draw conclusions about spending habits and more. Plus, Boppenheimer surpasses box office expectations.

    Read MoreDownload
  • The claim in Spain is that voters go again
    Pierre-Philippe Marcou/AFP via Getty Images

    From the BBC World Service: Spain’s muddled election results mean more confusion for businesses as it remains unclear whether a government can be formed; the BBC’s Guy Hedgecoe explains what it means from Madrid. Plus we hear from British tourists caught up in the devastating wildfires that have hit the Greek island of Rhodes. And finally, with Barbie making a huge impact at the box office, Elizabeth Hotson reports on businesses betting big on going pink.

    Read MoreDownload
  • Boppenheimer at the box office
    Mark Makela/Getty Images

    With actors on strike, how will movies fare at the box office without actors doing promotion? Plus, a new money transferring service from the Fed and the case for investing more in women’s soccer.

    Read MoreDownload
  • Turkey plays rate hike catch-up
    Adem Altan/AFP via Getty Images

    In Turkey, a changing of the economic policy guard means that the country is raising rates for the first time in this inflationary economy. Plus, a first step toward smoother air travel in the House, and a look at how AI might be implemented in the workforce.

    Read MoreDownload