04/19/2017: A report from the land of quarterly profits and losses

Segments From This Episode

• Can Pittsburgh keep its workers from being replaced by smart machines?

  by Erika Beras

  

  The city is becoming a giant proving ground for automation and artificial intelligence.

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• Former Treasury Secretary Lawrence Summers says taxing robots makes no sense

  by David Brancaccio

  

  The economist breaks down the flaws he sees in Bill Gates' proposal.

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• New York mayor expected to pass ban on inquiries of wage history

  by Annie Baxter

  The New York City Council recently approved legislation aimed at addressing pay inequity. The city’s private employers will no longer be allowed to ask job candidates about their current or past wages. Mayor Bill de Blasio is expected to sign the bill into law, adding New York to a growing list of cities and states […]

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• Millennials teach credit card companies a few lessons

  by Dan Gorenstein

  

  The younger consumers want different deals than their parents did. They also don't like to carry debt.

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• 04/19/2017: You pay taxes, why shouldn’t robots?

  by David Brancaccio

  The ability of U.S. companies to pay back all its debt is at its lowest level since the 2008 financial crisis, according to the International Monetary Fund. Susan Schmidt of Westwood Holdings Group joins us to chat about the factors that really matter to the health of the U.S. economy. Next, we'll look at why several cities and states in the U.S. are starting to ban employers from asking prospective hires about salary history. Finally, we'll wrap up by chatting to former U.S. Treasury Secretary Larry Summers about why he's against taxing robots who perform our jobs.

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