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May 20, 2022

A tale of two central banks

While the Federal Reserve is raising interest rates to cool down the U.S. economy, China’s central bank is doing the opposite. Plus, the back-to-office debate continues.

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An elderly man walks past the People's Bank of China in Beijing on August 12, 2015. China cut the yuan's value against the US dollar for the second consecutive day on August 12, roiling global financial markets and driving expectations the currency could be set for further falls.
Wang Zhao/AFP via Getty Images

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Segments From This Episode

The Weekly Wrap
Bloomberg’s Jordyn Holman and Politico’s Sudeep Reddy join “Marketplace” host Kai Ryssdal to help digest the economic week that was.
As U.S. interest rates rise, China’s are headed in the opposite direction
by Justin Ho
Nicolas Asfouri/ AFP via Getty Images
Here in the U.S., the Fed is trying to cool an overactive economy. In China, the goal is to juice one that’s flagging.
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Infant formula crisis teaches lesson about market concentration
by Savannah Peters
Joseph Prezioso/AFP via Getty Images
When a few companies control most of the market, problems arise.
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What labor shortage? Some retailers now say they’re overstaffed.
by Kristin Schwab
Justin Sullivan/Getty Images
Hiring too many workers — many of them part time — was an effort to avoid losing sales.
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That line in the sand about going back to the office? It keeps moving.
by Sabri Ben-Achour
Timothy A. Clary/AFP via Getty Images
As COVID surges again in some areas and employees push to work at home most days, companies are trying to find the right balance.
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What’s with all the requests for reviews from health care providers?
by Ashley Milne-Tyte
Ashley Milne-Tyte
As patients search the web for a doctor or dentist, online reviews have become more important to health care providers.
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