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Nick Esposito

Latest from Nick Esposito

  • The Bank of England has had a busy month with an emergency bond-buying program and its continuing efforts to dampen inflation.
    Chris J Ratcliffe/Getty Images

    From the BBC World Service: With U.K. inflation running above 10%, the country’s central bank is poised to make its biggest rate increase in 30 years. Plus, Netflix rolls out cheaper subscriptions, which have adverts. And, authorities in Indonesia say contaminated medicine syrup was likely responsible for a spike in child deaths in the country.

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  • Your credit cards could be overheating in a few hours
    Spencer Platt/Getty Images

    The Fed is raising interest rates at a brisk pace, and is expected to do so again. The effects are showing. Susan Schmidt helps us parse through some new employment data. We speak to an expert about how inflation has affected the kind of holiday ads we’ll be seeing.

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  • Report shines light on racial inequality in home appraisals
    Andrew Caballero-Reynolds/AFP via Getty Images

    The report from the Federal Housing Finance Agency also shows that the trend is growing. Also, car prices that shot up drastically during the pandemic are starting to come down … just a bit. Then, we check in on the “care economy” and discuss what can help it.

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  • Hong Kong is rolling out the red carpet to encourage Wall Street executives to do more business in the territory.
    PETER PARKS/AFP

    From the BBC World Service: Hong Kong’s reputation as a haven for stability and profitability has been undermined in recent years by the pandemic and a crackdown against anti-government protesters. So can U.S. banks be persuaded to invest in the territory? Plus, authorities have now locked down a wider area around the world’s largest iPhone factory in China. And, can synthetic hair be made in a more sustainable way?

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  • Biden sets sights on windfall from oil companies
    Paul Ratje/AFP via Getty Images

    We get a little into the size and scope of trying to enact a profits tax on oil companies. David Kelly of J.P. Morgan joins us for market discussion. The New York pay transparency law went into effect today, and we look at its potential impact on gender and wage gaps. A pair of propositions on sports betting will soon be facing California voters. 

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  • Judge blocks merger of book publishing titans
    Justin Sullivan/Getty Images

    A federal judge has blocked Penguin Random House from buying up rival Simon & Schuster, which counts as a win in the Biden administration’s battle against industry consolidation. Also, Tower Records might not be a huge thing in the U.S. these days, but it’s emerged as a culture beacon in Japan.

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  • The rumor of easing in China's zero COVID policy has sent stock markets soaring.
    Kevin Frayer/Getty Images

    From the BBC World Service: Unverified social media posts reportedly indicate a committee of some kind is being formed to discuss how to end the world’s strictest COVID-19 mitigation measures in China. That’s sent stocks in Hang Seng and Shanghai surging. Plus, truck drivers in Brazil who support outgoing President Jair Bolsonaro have been blocking major roadways to protest his defeat, prompting concerns for food supply chains and the economy. And, what hosting the soccer world cup could mean for Qatar’s economy.

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  • The specter of inflation haunts this week’s Fed meeting
    Brendan Smialowski/AFP via Getty Images

    Many economists believe the gathering of Fed policymakers is an omen of another interest rate hike to fight inflation. Over in Europe, inflation’s growth has led to some very real cost-of-living horror, as the BBC reports. Then, we check in on some school districts in Texas that have shape-shifted their schedules into a four-day work week.

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  • Russia sparks a rise in grain prices
    Alexander Nemenov/AFP via Getty Images

    Russia has suspended a deal allowing Ukrainian grain exports out of the Black Sea. The debate over sick days has jammed up negotiations between unions and the railroad industry. Federal aid will become accessible to homeless hurricane victims.

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  • How safe are grain ships leaving Ukraine?
    Yasin Akgul/AFP via Getty Images

    From the BBC World Service: While Russia pulled out of a deal allowing Ukrainian grain exports to safely leave the country, the U.N. says a dozen ships left Ukraine on Monday. So far, the grain deal has allowed almost 10 million tons to leave Ukraine since July. Plus, Brazil’s president-elect Lula da Silva pledges to tackle poverty, again. And, the English pumpkin farmer whose business is booming this Halloween.

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Nick Esposito