Latest from Redmond Carolipio

• Nov 1, 2022

  Biden sets sights on windfall from oil companies

  

  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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• Nov 1, 2022

  Judge blocks merger of book publishing titans

  

  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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• Nov 1, 2022

  Could China be ready to end its zero-COVID strategy?

  

  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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• Oct 31, 2022

  The specter of inflation haunts this week’s Fed meeting

  

  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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• Oct 31, 2022

  Russia sparks a rise in grain prices

  

  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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• Oct 31, 2022

  How safe are grain ships leaving Ukraine?

  

  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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• Oct 28, 2022

  Elon Musk owns Twitter. No one really knows what’s next.

  

  One big question: Will it become a looser place for content? We talk with Lauren Hirsch of the New York Times about Musk’s potential next steps. Christopher Low of FHN Financial discusses consumer spending. Then, we dive into tax-related boycotts in a Texas county with reporter Andrew Schneider of Houston Public Media.

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• Oct 28, 2022

  It’s not exactly straight A’s for two Big Tech titans

  

  Apple and Amazon’s earnings reports show growth, but also some signs of slippage. Then, during our time in Texas, we have a chat with the new president of Rice University.

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• Oct 28, 2022

  A new owner and a shake-up at Twitter

  

  From the BBC World Service: The world’s richest man, Elon Musk, has tweeted suggesting he’s now officially Twitter’s owner. Plus, why interest rates aren’t rising in Japan, unlike in many other countries. And, how a political stalemate in Northern Ireland is putting pressure on businesses and households.

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• Oct 27, 2022

  So, the GDP numbers say we’re not in recession … right?

  

  Numbers from the Commerce Department show growth and a healthy economy, but KPMG’s Diane Swonk helps us read a little more into the data. Since we’re in Texas this week, we check in with venerable Dallas business reporter/stockbroker David Johnson. Then, we have some takeaways from the Boeing earnings report.

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