Marketplace®

Daily business news and economic stories

Redmond Carolipio

Latest from Redmond Carolipio

  • SAN JOSE, CALIFORNIA - NOVEMBER 17: Theranos founder and former CEO Elizabeth Holmes goes through a security checkpoint as she arrives for her trial at the Robert F. Peckham Federal Building on November 17, 2021 in San Jose, California. Holmes is facing charges of conspiracy and wire fraud for allegedly engaging in a multimillion-dollar scheme to defraud investors with the Theranos blood testing lab services.
    Getty Images

    Also today: With news that President Biden has tabbed Jerome Powell for another tour as Fed Chair, we discuss the economic picture with Julia Coronado.

    Read MoreDownload
  • Quitting Time has reached executive level
    Getty Images

    Also today: The airline industry remains short on staff as the busiest travel days of the year approach. A program in Oregon has opened up motels and hotels to help shelter the homeless.

    Read MoreDownload
  • Unrest has spread across Europe as countries bring in measures to curb infections.
    Joe Klamar/AFP via Getty Images

    From the BBC World Service: The World Health Organization’s director for Europe warned half a million more people might die this winter unless regional restrictions are tightened. But some European cities have seen a weekend of anti-lockdown protests. Plus, Australia is opening its border to more fully vaccinated travelers. And, the economic challenges for oil-rich Venezuela as President Maduro’s party sweeps to victory in regional elections.

    Read MoreDownload
  • The Biden administration is pushing for greater adoption of electric vehicles.
    Drew Angerer/Getty Images

    Also today: Christopher Low joins us for today’s discussion about the markets. In New York City, the scars from the flooding of basement apartments illustrate the collision of housing and climate crises.

    Read MoreDownload
  • With an ever-growing number of health-care consumers becoming ever-more cost-sensitive, CVS is at an advantage.
    Justin Sullivan/Getty Images

    Also today: We look into how the costs of COVID testing has affected shoppers near the border between U.S. and Canada. The FTC is cracking down on companies that make cancelling subscriptions too difficult, which could affect a lot of media companies.

    Read MoreDownload
  • A medical staff walks past an empty bed on an intensive care unit (ICU) at a hospital of the Salzburg state clinics in Salzburg, Austria, on November 17, 2021, during the ongoing coronavirus (Covid-19) pandemic. - On November 15, Austria became the first EU country to lockdown the unvaccinated in a bid to halt spiralling virus infection rates of around 12,000 per day in the country of 8.9 million. - Austria OUT (Photo by BARBARA GINDL / APA / AFP) / Austria OUT (Photo by BARBARA GINDL/APA/AFP via Getty Images)

    From the BBC World Service: The Japanese government has announced nearly half a trillion dollars to provide further economic support from the coronavirus pandemic. Meanwhile, Austria announces a full national lockdown starting Monday, while Germany won’t rule out a similar move. And, after a year’s long protest by hundreds of thousands of farmers in India, the government vows to repeal controversial farm laws. 

    Read MoreDownload
  • The wage scale for job openings is trending up
    Issouf Sanogo/AFP via Getty Images

    Also today: President Biden is asking the Federal Trade Commission to look into whether sharply rising gas prices at the retail level are due to some kind of illegal conduct. Sticking with the theme of natural gas, Andy Uhler’s exploration of the natural gas industry and its impact took him to the town of Hackberry in Louisiana, a shale oil and fracking territory near Shreveport. He checks in with us from there.

    Read MoreDownload
  • Apple's North Carolina branch may attract workers who don't want to live in San Francisco or New York City.
    Eric Thayer/Getty Images

    Also today: Home builders have enough supply challenges, but data suggests yet another one: A shortage of land. We also look into how HBCUs also have an extensive history of being underfunded.

    Read MoreDownload
  • President Recep Tayyip Erdogan believes unorthodoxly that high interest rates cause prices to rise.
    Chris McGrath/Getty Images

    From the BBC World Service: As Turkey’s central bank further slashes a key interest rate, we hear how President Recep Tayyip Erdogan believes unorthodoxly that high interest rates cause prices to rise. And, with inflation so high, what is life like for the average person in Turkey? Plus, the Chinese blockbuster that’s causing consternation in Hollywood.

    Read MoreDownload
  • AMERICAN CANYON, CALIFORNIA - NOVEMBER 16: A sign is posted in front of a Walmart store on November 16, 2021 in American Canyon, California. Walmart reported better-than-expected third quarter earnings with revenues of $140.53 billion, or $1.45 per share, compared to the analyst expectations of $135.60 billion, or $1.40 per share.
    Justin Sullivan/Getty Images

    Also today: Postmaster General Louis DeJoy breaks down his plan for the embattled U.S. Postal Service as the holidays arrive. We ask for the thoughts of small businesses about paid family leave.

    Read MoreDownload
Redmond Carolipio