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Nick Esposito

Latest from Nick Esposito

  • So … was this week’s inflation news really that great?
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    Christopher Low of FHN Financial helps us look beyond the good feelings behind recent market activity. The BBC reports on how China will start to loosen some strict zero-COVID regulations. Also, we check in on the COP27 climate summit. Art critic Blake Gopnik discusses the billion-dollar auction of the collection of Paul Allen.

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  • A glimmer of good inflation news leads to an upward surge on Wall Street
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    That surge is expected to continue into today. Arizona voters took a big step toward transparency in election financing. Also, we discuss what a U.S. government with divided power could economically mean for Democrats. 

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  • Beijing's decision to loosen strict COVID-19 restrictions has helped ignite a rally in financial markets.
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    From the BBC World Service: Hong Kong’s tech-heavy Hang Seng surged nearly 8% on Friday, with market rallies in Shanghai and Tokyo. Plus, Singles Day in China – the biggest shopping day of the year – saw estimated sales nearly 5% lower than last year. Also, U.S. Treasury Secretary Yellen is in India to try to bolster trade ties. And, a film 90 years in the making is finally hitting the silver screen.

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  • Inflation cools down, ever so slightly
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    Is this a sign that the higher interest rates are working? We discuss with Diane Swonk of KPMG. Then, we have more on the aftermath of the fallen Binance-FTX deal. Seasonal hiring has appeared to slow down this year. Also, slavery as a form of criminal punishment was a thing in several states until voters closed a legal loophole.

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  • Surveying the wreckage left behind from a collapsed crypto deal
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    We take a peek into the fallout from the failed bailout pact between crypto exchanges Binance and FTX. Also, we delve more into the developing election results and their possible impact on economic policy.

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  • Growing concerns over the viability of FTX sent the price of popular cryptocurrency Bitcoin to a two-year low.
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    From the BBC World Service: One of the world’s biggest cryptocurrency exchanges, FTX, is on the brink of collapse. A bailout deal it struck with archrival Binance on Wednesday has fallen through. Plus, a new survey says the influence of fossil-fuel lobbyists at climate talks has risen significantly in recent years. And, the costs of supporting migrants who are rescued at sea.

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  • Discussing the financial asset known as democracy
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    Political scientist Ian Bremmer helps us figure out economic takeaways from the aftermath of Election Day. David Kelly of J.P. Morgan talks about the impact of possible Republican control of the House. A drought has sapped the water levels of the Mississippi River, and farmers are struggling as a result.

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  • Markets remain steady as the ballots get counted
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    We discuss some potential election outcomes and how they could affect the economy. Big spending on state ballot measures led to some mixed results. The waves of tech layoffs have actually endangered the ability of many people to stay in the U.S.

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  • Belgium is the latest European country facing cost of living strikes
    HATIM KAGHAT/Belga/AFP

    From the BBC World Service: Only two European Union countries tie mandatory pay raises for the public and private sector to consumer price inflation: Belgium and Luxembourg. But workers in Belgium say those increases aren’t enough, so they’re walking out and demanding more. Plus, Twitter has laid off most workers at its Africa office in Ghana. And, India says it will continue to buy Russian crude oil.

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  • Thinking about a second job? You’re not alone. Let’s talk about moonlighting.
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    First, it’s Election Day, and we discuss the possible impact of a recession with Jeffery Cleveland of Payden & Rygel. More people are taking on second jobs for a variety of reasons, according to government data. The European Union is turning up the economic heat on Hungary.

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