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Redmond Carolipio

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  • The Fed can't make grants. That's Congress' job. "These are lending powers, not spending powers," Fed Chair Jerome Powell said Wednesday.
    Brendan Smialowski/AFP via Getty Images

    Also today: We explore how the anti-abortion law in Texas could have an effect on recruiting in the tech industry. We also examine how some hospital systems still face overwhelming odds in the fight against COVID-19.

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  • The silhouette of a coal-fired power station at sunset in Pocerady, Czech Republic.
    Kamil Petran/Getty

    From the BBC World Service: China has announced at the United Nations that it will stop building coal plants overseas. Chinese property group Evergrande says it has agreed to a deal with domestic bondholders, who are due payments of around $36 million. Ahead of the U.N. climate summit in Glasgow, Justin Rowlatt is traveling around the U.K. taking stock of its green potential. Today, he’s looking at how composting could be one key to a renewable economy.

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  • What’s a vice chair of supervision? At the Fed, it’s kind of a big deal.
    Alex Wong/Getty Image

    Also today: Christopher Low joins us to discuss the markets. The president’s easing of international travel restrictions has some businesses hopeful for an upswing in visitors.

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  • The Federal Reserve building in Washington, DC.
    DANIEL SLIM/AFP via Getty Images

    Also today: A global group issued a warning today about countries that withdraw support for their economies too soon. We also check in with a business owner who benefited from a program that helps businesses rebuild and adapt from the damage of the pandemic.

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  • An airport staff checks a carton box of Covishield vaccine developed by Pune based Serum Institute of India (SII) at the Mumbai airport on February 24, 2021, as part of the Covax scheme, which aims to procure and distribute inoculations fairly among all nations. (Photo by INDRANIL MUKHERJEE / AFP) (Photo by INDRANIL MUKHERJEE/AFP via Getty Images)
    Indranil Mukherjee / AFP via Getty Images

    From the BBC World Service: India is the world’s biggest vaccine manufacturer, and the country’s health minister has announced it can resume coronavirus shot exports from next month. And we hear about the factors likely to influence the future of Africa’s tariff free deal for access to U.S. markets, the African Growth and Opportunity Act.

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  • Plexiglass dividers surround desks as students return to in-person learning at St. Anthony Catholic High School during the COVID-19 pandemic on March 24, 2021 in Long Beach, California.
    Patrick T. Fallon/AFP via Getty Images

    Also today: Julia Coronado chats with us about the markets. The BBC reports on whether or not undersea mining could be the solution to acquiring more hard-to-find metals for electric vehicle batteries.

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  • "She’s 5-foot nothing, but hand to God, she can pop a collar, she can rock a power bob."
    Chip Somodevilla/Getty Images

    Also today: Michael Hewson joins us for a chat about the economy. Also, vinyl record sales have been enjoying quite the climb up the sales charts.

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  • Blue flames on gas stove burner.
    Getty Images

    From the BBC World Service: The cost of natural gas is soaring across Europe. In the U.K., wholesale prices are 250% higher than they were in January, sparking fears many of the country’s energy supply companies could collapse unless the government takes action. Shares tumble 10% for Chinese property conglomerate Evergrande. The company owes $300 billion, and investors are concerned it will be unable to meet loan interest payments due this week. And electric vehicles need batteries, and batteries require hard-to-find metals. Is undersea mining the answer?

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  • OxyContin is displayed at a drugstore in Brookline, Massachusetts.
    Darren McCollester/Getty Images

    Also: Italy becomes the first European nation to mandate proof of vaccination and other safeguards for public and private employees. We also have a discussion about the economic legacy of the Camp David accords between Egypt and Israel.

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  • A student carries home free bagged meals as part of Stamford, Connecticut's COVID response in March 2020. Funds from the child tax credit may not be making it to low-income families, a new study shows.
    John Moore via Getty Images

    Also today: President Biden is set to hold a virtual meeting with world leaders to discuss climate change in light of recent hurricanes and other climate-related incidents. China wants to sign up for a partnership that was originally designed to counter its trade practices. The BBC checks in with a preview of the elections in Germany to pick the next chancellor.

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