Latest from Victoria Craig

• Mar 29, 2022

  Curious about what companies are in or out of Russia? We look into a list of them.

  

  More than 450 companies, from Exxon to Starbucks to H&M, have partially or fully withdrawn from Russia since the country’s invasion of Ukraine began, but many Western companies have yet to abandon their Russian operations, according to a now-viral corporate watchlist compiled by Yale management professor Jeffrey Sonnenfeld. We talked to Sonnenfeld to help us look further. Christopher Low explains a big move in the bond market. The House Oversight Committee wants to look into how Credit Suisse of Switzerland is handling sanctions against the Russian elite.

  Read MoreSaveShareDownload
• Mar 29, 2022

  Russia-Ukraine war leads to morality play for business

  

  Hundreds of Western companies have cut ties with Russia since its invasion of Ukraine, marking a critical moment for business leaders who must decide whether to abandon their Russian operations or remain – and contend with the blowback of that decision. We spoke to Harvard business professor and author Ranjay Gulati about how companies’ refusal to exit the moral gray area could lead to serious repercussions this time. President Biden has proposed a “billionaire minimum income tax” — at least a 20% tax on the very richest households in the country.

  Read MoreSaveShareDownload
• Mar 29, 2022

  Democratic Republic of Congo joins East African common market

  

  From the BBC World Service: Turkey hosts the latest round of talks aimed at ending the Russia-Ukraine war as local businesses in besieged cities like Odessa try to carry on. Africa’s second largest country, the Democratic Republic of Congo, joins the East Africa Community (EAC) trading bloc. India’s national trade unions go on strike but fall short of achieving their aims.

  Read MoreSaveShareDownload
• Mar 28, 2022

  Bread prices are skyrocketing, which could mean major issues in the Middle East

  

  The war in Ukraine has triggered a spike in the price of wheat, which means higher prices for bread. That may be a slight inconvenience for some countries, but for many others with populations who live in poverty, it could mean disaster. U.S. farmers have yet to reap any benefits of those higher wheat prices as well. Car companies are about to pay a lot more if they miss fuel efficiency targets, as federal regulators are more than doubling penalties.

  Read MoreSaveShareDownload
• Mar 28, 2022

  Madeleine Albright leaves legacy of leadership for working women

  

  Madeleine Albright, the first woman to serve as Secretary of State, died last week at the age of 84 and became a role model for women’s leadership in the workplace. We look into the legacy she left behind. The war in Ukraine has led to a spike in wheat prices, and farmers in the U.S. aren’t seeing any of the expected benefits of those prices. President Biden is set to announce his budget for the coming fiscal year.

  Read MoreSaveShareDownload
• Mar 28, 2022

  Shanghai goes into lockdown as China’s zero-COVID strategy questioned

  

  From the BBC World Service: China’s financial capital goes into a two-phased lockdown as COVID-19 cases continue to rise. U.S. Secretary of State Anthony Blinken is in Israel for a landmark summit aimed at reviving the Iran nuclear deal. As Russia’s war in Ukraine continues, European businesses finding way to help the growing numbers of refugees.

  Read MoreSaveShareDownload
• Mar 25, 2022

  Another storm (of tax returns) is coming for a backlogged IRS

  

  The Internal Revenue Service is already facing a mountain of challenges, and this year’s next wave of tax returns (and taxpayers seeking answers) could bog the agency down even further. Christopher Low shares his take on mortgage rates for today’s markets talk. The Biden administration is trying to make a clearer path to federal loans for Native American farmers.

  Read MoreSaveShareDownload
• Mar 25, 2022

  Examining the EU’s big swing against Big Tech’s giants

  

  Earlier this week, the European Union unveiled sweeping antitrust legislation aimed at limiting the power of big tech companies. The long-awaited Digital Markets Act targets Big Tech’s “gatekeeper” companies, including Alphabet, Meta, Amazon, Apple and Microsoft. For more, we spoke to Jason Furman, a Harvard economist and senior fellow at the Peterson Institute for International Economics. And, Uber and taxis will be forming an unlikely but seemingly necessary alliance in New York City.

  Read MoreSaveShareDownload
• Mar 25, 2022

  The U.S. and EU announce major deal on energy supplies

  

  From the BBC World Service: Stronger cooperation on liquified natural gas has been announced between the U.S. and European Union. It’s a move the two sides say will bolster national security and move away from Russian energy dependence, but will not run counter to climate goals. While the environment remains a priority for wider U.S.-EU cooperation, in Poland the issue has been pushed to the back burner as that country works to reduce reliance on Moscow. Plus: Language has been finalized for new legislation aimed at reigning in global tech giants. And, we zero in on the nickel market, which has seen extreme volatility in the wake of Russia’s invasion of Ukraine.

  Read MoreSaveShareDownload
• Mar 24, 2022

  Measuring the impact of the child tax credit

  

  A recent study looked at the effects of the expanded child tax credit on families. Marketplace’s senior economics contributor, Chris Farrell, spoke with us about the study’s findings. Diane Swonk joins us to measure today’s market activity. We look into the Biden administration’s plan to counter racial inequity when it comes to home appraisals. Airlines have asked the president to end COVID travel policies, such as masks on planes.

  Read MoreSaveShareDownload