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Nick Esposito

Latest from Nick Esposito

  • Inform Act aims to thwart third-party vendors reselling stolen goods
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    Starting today, online marketplaces like Amazon and eBay are required verify the identities of high-volume vendors in an effort to curb reselling of stolen goods. Plus, why consumer confidence doesn’t match consumer spending, and a look at the hot housing market.

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  • Organisation for Economic Co-operation and Development: Governments are moving fast on AI
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    From the BBC World Service: The Organisation for Economic Co-operation and Development says that whilst there are threats from Artificial Intelligence, Governments around the world are acting fast. Plus, BBC’s Luke Wilson reports on drinks giant Diageo’s split with Sean Coombes – aka Diddy. And finally, is the cost of travelling stopping some Muslims travel to Mecca? We hear from the BBC correspondent in Cairo, Sally Nabil.

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  • “Summer Davos” check-in
    Wand Zhao/AFP via Getty Images

    At “Summer Davos”, a World Economic Forum gathering, China’s premier Li Qiang criticized western countries for trying to break economic ties with China. Plus, a California program gets 21st century job skills to incarcerated women, and EV startup Lordstown Motors files for bankruptcy.

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  • Slicing up the broadband-access pie
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    $42 billion will be divvied up across the U.S. to increase affordable broadband internet. Plus, Meta’s updated VR offerings and the first minority-owned stock exchange.

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  • Is deep sea mining the answer to a greener future?
    Romeo Gacad/AFP via Getty Images

    From the BBC World Service: In the push for green energy, Norway has just proposed the exploration of its waters as the sea bed has material worth trillions of dollars. Andreas Bjelland Eriksen is Norway’s minister for energy and petroleum. Elettra Neysmith talks about the death of John Goodenough, the creator of the lithium-ion battery. And finally, BBC Reporter Emir Nader reports on Captagon, a highly addictive drug ravaging the Middle East with links to leading members of the Syrian regime.

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  • In Houston, a contradictory economic picture
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    In Houston, job and earnings growth are on the upswing, but the rising cost of housing is squeezing the city’s working class. Plus, which parts of pandemic-era dining have staying power.

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  • Messi, Apple, and the future of sports media
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    Lionel Messi is set to sign with MLS club Inter Miami any day now, in a deal that reportedly includes money from Apple. Why is the tech giant investing in the legendary soccer star joining a U.S.-based team, and does it have anything to do with Apple TV’s Ted Lasso? Plus, how turmoil in Russia is affecting the markets, and why cultivated meat will be available in high-end restaurants before you’ll see it in grocery stores.

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  • What are the financial ramifications of the Russian rebellion?
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    From the BBC World Service: Following the failed mutiny in Russia, how have the markets reacted? Jake Cordell, a former economic journalist at the Moscow Times, gives us his thoughts. Plus, Marketplace’s Jo Critcher explains why global consulting group PwC is selling part of its business in Australia for less than a dollar. Also, three million Muslims are expected in Mecca for their Hajj pilgrimage, and the government wants to ensure its tourism industry will benefit, as BBC’s Sebastian Usher reports.

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  • Increased construction is much-needed good news for the real estate market
    JIM WATSON / Getty Images

    What a rural snowmobile company can teach the rest of the economy about navigating a tight labor market, and with an increase in housing starts, the perennially pinched residential real estate market breaths a (small) sigh of relief.

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  • A mix of Sauvignon Blanc and Bud Light? NASCAR makes its way into European racing
    Chris Graythen / Getty Images

    A NASCAR-style Camaro ran in the famed 24-hour car race in France. It’s another example of globalization in the sports world. Plus, the plan by the Federal Reserve and other agencies to raise capital requirements could bolster banks’ resilience, but the timing of such measures is important.

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