Marketplace®

Daily business news and economic stories
 

Victoria Craig

Victoria Craig is the former host of Marketplace Morning Report’s global edition produced by the BBC World Service in London. She graduated from the University of Missouri (go Tigers!) with a degree in broadcast journalism. Before moving to the U.K. in 2017, she covered Wall Street,  reporting for five years on U.S. stocks and the economy from New York City. When she’s not in front of the microphone, you can find Victoria baking or curling up with a good book at home, hiking in the English countryside, or travelling through her new European playground.

Latest from Victoria Craig

  • Members of the Japan Ground Self-Defense Force take part in a military display in front of a V-22 Osprey, for service members from 18 countries on the sidelines of the Pacific Amphibious Leaders Symposium 2022 (PALS 22), at the Japan Ground Self-Defense Force's Camp Kisarazu in Chiba prefecture on June 16, 2022.
    PHILIP FONG/AFP via Getty Images

    From the BBC World Service: Japan’s defense ministry has requested a record $40 billion for its next budget, even though the country can’t have an active military under its pacifist constitution after losing World War II. Plus, Russia has again cut off gas flows through the Nord Stream 1 pipeline to Germany. And, Germany considers a speed limit on its famed autobahn (freeways) as part of efforts to save fuel.

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  • In rural Alaska, the gas that powers electricity-producing generators is delivered by barge or air. Brevig Mission residents expect prices to climb when the next delivery comes.
    Tashka/Getty Images

    First, reports on consumer confidence and jobs emerged today, offering up a clearer picture on what’s been a weird economy thus far. We delve into the Jones Act and its role in heating oil shortages. The BBC reports on the arrival of a grain ship in time to aid drought-ridden east Africa. The spike in diesel fuel prices has left an impact on rural business.

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  • City map navigation interface. GPS navigator vector screen, street roads and location background. City map screen interface with road destination pin, compass and traffic route direction arrows
    Getty Images

    The FTC has zeroed in on a company that sells geolocation data, adding more fuel to the discussion about data privacy. Speaking of being watched, some companies are using software to remotely track worker productivity.

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  • The Lebanese-flagged MV Brave Commander is carrying wheat bound for Ethiopia.
    BBC News

    From the BBC World Service: The MV Commander has docked in the Port of Djibouti and the wheat on board will be packaged and transported by road to neighboring Ethiopia, which is experiencing its worst drought in 40 years. Plus, Pakistan’s prime minister Shehbaz Sharif says a $1.1 billion IMF loan is a major step in efforts to put the country’s economy back on track. Separately, the government says early estimates suggest recent floods have caused at least $10 billion of damage. And, how drought is putting a squeeze on Spain’s olive oil production. 

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  • How long will the fight against inflation last?
    Karen Bleier/AFP via Getty Images

    The Federal Reserve has spoken: It’s not backing down from a more aggressive interest-rate strategy to try to stamp out inflation. What kind of economic pain will that cause? And how long will it last? Plus, we look at how markets have been reacting to Fed Chair Jerome Powell’s speech from Friday at the Jackson Hole Economic Symposium. And, inflation is a global issue, but these lingering higher prices are caused by different things in different places. We break it all down.

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  • The energy situation in Europe, given its dependence on Russia, and the labor market forces are different from what we're seeing in the U.S.
    Getty Images

    The U.S. is seeing some moderation in energy and food prices. That’s not case overseas.

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  • Warning that parts of the U.S. will see heating oil shortage
    Tim Boyle/Getty Images

    The U.S. Department of Energy is warning that the supply of heating oil in New England is way below average, just as we head into the fall and winter. The Energy Department is telling states in the northeast to stockpile. Plus, this may not come as a surprise to many, but air travel complaints were up 35% in June compared to May, and they’re up almost 270% compared to pre-pandemic levels. And, why scooters, mopeds and motorcycles no longer get to park for free in Paris.

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  • Austria's leader Karl Nehammer is calling for an EU-wide cap on electricity prices.
    GEORG HOCHMUTH / APA / AFP

    From the BBC World Service: That’s as countries across the European Union scramble to store enough energy for the winter, while the bloc cuts back on Russian supplies. Plus, Pakistan is launching a flash UN appeal for help as authorities struggle to cope with what’s being described as the worst flooding in the country’s history, with crops devastated. And, we hear how Brexit-related labor shortages are driving U.K. inflation.

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  • "If you only come back 4% this year [in growth for the world economy], you're not back to where you were, even at the end of 2021," World Bank President David Malpass said.
    Samuel Corum/Getty Images

    It’s Day 2 of the Jackson Hole Economic Symposium hosted by the Federal Reserve. We check in with World Bank President David Malpass, who’s on the ground in Wyoming, about monetary policy around the world. Also, we delve into the latest downbeat earnings report from Peloton, the exercise equipment and fitness company that boomed during the peak of the pandemic but has since fallen back to Earth — hard.

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  • T-Mobile, SpaceX team up on bringing cell service through satellites
    Tim Peake/ESA/NASA via Getty Images

    T-Mobile and SpaceX are partnering to provide mobile service everywhere, using satellites to patch up coverage in areas where there are no cell towers. And, we take today’s “Economic Pulse” by speaking with Pedro, an immigrant day laborer who organizes other workers to prevent wage theft and poor working conditions.

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Victoria Craig