Latest from Redmond Carolipio

• Nov 7, 2022

  Who should pay for the impact of climate change on developing countries?

  

  From the BBC World Service: As the COP27 world summit on climate change opens in Egypt, potential compensation for countries with developing economies from their developed neighbors is on the agenda. Plus, Apple says China’s zero COVID strategy will significantly impact iPhone production and shipping this holiday season. And, bus passengers in the U.K. face longer wait times due to a national worker shortage.

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• Nov 4, 2022

  U.S. labor market maintained its strength in October

  

  The Labor Department’s newest jobs report beat expectations, and Chris Low of FHN Financial is here with us to talk about what it could mean for the Fed. Then, we discuss mass layoffs at Twitter. One of our producers illustrates the grind of the New York City rental market.

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• Nov 4, 2022

  Is winter coming for the U.S. job market?

  

  We preview the coming October jobs report. Also, we look at what the Fed might want to keep its eye on regarding the job market. Then, it appears free returns for online purchases are proving a bit too costly for many companies.

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• Nov 4, 2022

  Germany wants economic ties with China “as equals”

  

  From the BBC World Service: At a meeting in Beijing, President Xi Jinping called for greater cooperation between Germany and China during “times of change and turmoil”. The German Chancellor, Olaf Scholz, has faced criticism for not coordinating his trip with other European leaders. Plus, Russian attacks leave 4.5 million people across Ukraine without power. And, we hear why some Albanians are setting their sights on a life in Britain.

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• Nov 3, 2022

  We’re in the era of higher interest rates. It’ll be a while before it ends.

  

  The Fed threw another big interest rate hike at inflation this week, and while it hints at the possibility of dialing back the pace … it hasn’t shown a ton of interest in doing that. Diane Swonk of KPMG discusses this further. The Biden administration wants to help with your energy bill. CBS and its former chief officer will pay millions following an investigation from the New York attorney general’s office.

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• Nov 3, 2022

  The World Cup comes with a global price tag

  

  First, we look at next steps for the Fed after it raised interest rates again on Wednesday. As the World Cup in Qatar approaches, we talk about the reasoning behind countries’ willingness to pay billions to host massive sporting events like it.

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• Nov 3, 2022

  It’s the Bank of England’s turn to raise interest rates

  

  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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• Nov 2, 2022

  Your credit cards could be overheating in a few hours

  

  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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• Nov 2, 2022

  Report shines light on racial inequality in home appraisals

  

  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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• Nov 2, 2022

  Hong Kong tells Wall Street now is the time to invest

  

  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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