Aug 17, 2017

08/17/2017: Hate groups run into a payments problem

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Discover Financial Services is ending merchant agreements with what it deems as hate groups, while Visa and Mastercard are taking a similar stand. On today's show, we'll take a look at how big of a step this is toward limiting funding for hate groups. Afterwards, we'll discuss Steve Bannon's interview with Prospect Magazine, in which he said the U.S. is fighting an "economic war" with China. Then we'll talk about the ongoing rivalry between Walmart and Amazon, which represents two sides of the U.S. economy: brick-and-mortar versus online sales.

Segments From this episode

Walmart vs. Amazon: Which will win the retail wars?

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Aug 17, 2017
Amazon is now the 400-pound gorilla, says one financial adviser.
 Customers shop at a Walmart store on January 17, 2017 in Skokie, Illinois.
Scott Olson/Getty Images

New research shows financial crises weigh on younger investors

Aug 17, 2017
Some new research out today by the Wells Fargo Investment Institute points to some significant differences in investment behavior between generations. For Gen Xers and millennials, the looming specter of the financial crisis is causing them to be more conservative with their portfolios. Click the audio player above to hear the full story. Stories You […]

08/17/2017: The tale of the vanishing businessmen

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Aug 17, 2017
After CEOs started abandoning ship from President Trump's business advisory groups, he just decided to...dissolve a couple of them. On today's show, we'll look at whether these councils could've actually accomplished anything, and if the CEOs of these big companies have lost an important communication link to the White House. Afterwards, we'll talk about how businesses are processing the uncertainty happening in Washington, D.C., and then discuss the effects of the upcoming solar eclipse on solar power.

Discover Financial Services is ending merchant agreements with what it deems as hate groups, while Visa and Mastercard are taking a similar stand. On today’s show, we’ll take a look at how big of a step this is toward limiting funding for hate groups. Afterwards, we’ll discuss Steve Bannon’s interview with Prospect Magazine, in which he said the U.S. is fighting an “economic war” with China. Then we’ll talk about the ongoing rivalry between Walmart and Amazon, which represents two sides of the U.S. economy: brick-and-mortar versus online sales.

The team

Stephen Ryan Producer, BBC